S3E4: The Crash Of 1864-65 | Bombay Born 4
Historychatter Podcast
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The Bombay Stock Market Bubble
A significant number of government employees had been investing in the market. Governor Freire attempted to pass what was called the Wagers bell. The bill was lost in transit between Shimula and Calcutta before it could be signed into law. Bombay's population declined by 21% in the years following the crash.
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