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In a general way money matters are always matters of finance, but rarely used except on a large scale, more especially of treasury affairs of the United States. The hard times of 1873-1879, and other periods, are designated periods of financial depression. The sudden change from business prosperity to adversity, taken on a large scale, is a financial panic. In 1837, 1857 and 1873 occurred the three great financial panics of this country. The last one lingered until resumption, 1879.
FINANCE