The year 1873 was marked by significant events in various fields, including politics, economics, and culture. One notable occurrence was the establishment of the Vienna World Exhibition, which showcased advancements in technology and industry. This event highlighted the growing importance of international trade and cultural exchange during the Industrial Revolution. In the United States, 1873 is often remembered for the onset of the Panic of 1873, a financial crisis triggered by the collapse of the Jay Cooke & Company bank. This economic downturn led to widespread unemployment and a prolonged depression, affecting many sectors and reshaping the American economy for years to come.