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S3E4: The Crash Of 1864-65 | Bombay Born 4

Historychatter Podcast

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Introduction

Kawashi Jahanghi Redimini was upset when the Bank of Bombay wanted to lend against other banks' shares. The root of all the speculation lay in events which took place in the distant United States. American Civil War, shocked the traditional sources of cotton for the British. This was a period of unprecedented prosperity for those engaged in the cotton trade.

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