February 20, 1893 - ROBERT’S FINANCES ARE IMPACTED BY THE NATIONAL FINANCAL PANIC

The financial panic of 1893 begins when the Reading Railroad in Pennsylvania is put into receivership. Ultimately, the 1893 panic and resulting financial downturn greatly reduce Robert’s income from securities and real estate.

Pictured, artifacts of an expensive lifestyle: Robert’s bills and property tax receipts from Rhinebeck, New York City, and New Jersey