[Elsie]

I hadn’t either until the MORMON war hit FR a decade or so ago.

https://freerepublic.com/focus/f-religion/3126644/replies?c=42

[Elsie]

I suspect that many of the players have gone on to their reward, since some links are now dead and some FReepers have been banned.

https://freerepublic.com/tag/mormonism/index?more=10800588

[Elsie]

(From KSS WIKI article)

On May 10, 1837 in New York, every chartered bank stopped payment in specie (gold and silver coinage), leaving banks and local institutions like the KSS holding notes without adequate liquid assets.

Within two months the failures in New York alone aggregated nearly $100,000,000 in value.

 "Out of eight hundred and fifty banks in the United States, three hundred and forty-three closed entirely, sixty-two failed partially, and the system of State banks received a shock from which it never fully recovered."^[8] 

Smaller, privately held financial institutions, like the KSS, also failed in droves.

The Panic was followed by a five-year depression, characterized by ongoing failures of banks and financial institutions and record unemployment levels.

 

---

Boy!

 

I'm sure glad the USA isn't in a fix like THIS!