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Barely 16% of joint-stock companies weathered this tumult.[1]
This seems to be claiming that over 5/6 of the companies in England were bankrupted by the Panic. I find this hard to believe. I don't have access to the source. Maproom (talk) 07:17, 23 July 2022 (UTC)[reply]
I find that I do have access to the source, thanks to the Wikipedia Library. I have edited the article to reflect what the source says. Maproom (talk) 07:45, 23 July 2022 (UTC)[reply]
^George Robb, White-Collar Crime in Modern England: Financial Fraud and Business Morality, 1845–1929 (Cambridge: Cambridge Univ. Press, 1992), p. 71.
The opening sentence says that "The Panic of 1866 was an international financial downturn that accompanied the failure of Overend, Gurney and Company in London, and the corso forzoso abandonment of the silver standard in Italy." However, the article goes on to say little about any international downturn, and does not mention Italy again.
I am not an expert but, without these, I am inclined to rewrite it to read "The Panic of 1866 was a financial downturn that accompanied the failure of Overend, Gurney and Company in London", and to request the international effect be expanded. What do others think? Masato.harada (talk) 15:44, 15 November 2024 (UTC)[reply]
