The bank <a href="https://en.wikipedia.org/wiki/Jay_Cooke_&amp;_Company" id="mwqQ" rel="mw:WikiLink" title="Jay Cooke &amp; Company">Jay Cooke &amp; Company</a> declares bankruptcy, contributing to the <a href="https://en.wikipedia.org/wiki/Panic_of_1873" id="mwqg" rel="mw:WikiLink" title="Panic of 1873">Panic of 1873</a>.