A political cartoon issued in July 1837 that depicts a New York City street scene demonstrating the impact of the Panic of 1837.
This print illustrates the impact of economic recession in a commercial district of New York City. In the background, each business or institution and group of people interacting there suggests different ways that the recession affected the economy of the city and its residents. In the river, a ship sits idle; the almshouse and Bridewell, a debtors’ prison, are visible on the far shore. The people, goods, and signage shown in the foreground offer a more detailed view of the impact of the panic, such as a mother and child trying to negotiate a mortgage with a banker.