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What caused or contributed to the Panic of 1907? Speculators Heinze and Morse had substantial losses when their attempt to corner the market for stock

What caused or contributed to the Panic of 1907?

Speculators Heinze and Morse had substantial losses when their attempt to corner the market for stock of United Copper failed.

The suspension of Knickerbocker Trust company

Bad news about banks and trust companies scared people who then withdrew deposits from banks and trusts.

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