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26 December, 15:44

Which of these did not happen as a result of the panic of 1907?

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  1. 26 December, 15:54
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    . The panic was triggered by the San Fransisco earthquake of 1906 and set in motion by a failed speculation that caused the bankruptcy of two brokerage firms ... The devastation of San Fransisco drew gold out of the world’s major money centers. This created a liquidity crunch that created a recession starting in June of 1907.
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