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- Ohio_Life_Insurance_and_Trust_Company abstract "The Ohio Life Insurance and Trust Company was a banking institution based in Cincinnati, Ohio, which existed from 1830 to 1857. The Panic of 1857, an economic depression, resulted after the company's New York City offices ceased operations due to bad investments, especially in agricultural-related businesses. During the Crimean War, much of Europe's farm labor was engaged in the military, resulting in Europe becoming dependent on American crops for food. At the conclusion of the war, European farm production resumed and American agricultural exports declined, causing a drop in value of American foodstuffs. Because of the telegraph, word of the office closure spread quickly and many investors, already shaky over declining markets, caused a financial panic. The markets wouldn't recover until two years later.Due to the economic decline from failure of the Ohio Life Insurance and Trust Company, the railroad industry and many businesses took a downfall.[citation needed] Railroad workers were laid off and plenty of businesses were shut down.[citation needed]Embezzlement by employees and officers of the company is sometimes mentioned as another contributing cause of the office's closure.".
- Ohio_Life_Insurance_and_Trust_Company wikiPageID "16026314".
- Ohio_Life_Insurance_and_Trust_Company wikiPageRevisionID "589692775".
- Ohio_Life_Insurance_and_Trust_Company hasPhotoCollection Ohio_Life_Insurance_and_Trust_Company.
- Ohio_Life_Insurance_and_Trust_Company subject Category:Bank_failures_in_the_United_States.
- Ohio_Life_Insurance_and_Trust_Company subject Category:Banks_based_in_Ohio.
- Ohio_Life_Insurance_and_Trust_Company subject Category:Banks_disestablished_in_1857.
- Ohio_Life_Insurance_and_Trust_Company subject Category:Banks_established_in_1830.
- Ohio_Life_Insurance_and_Trust_Company subject Category:Defunct_companies_based_in_Cincinnati,_Ohio.
- Ohio_Life_Insurance_and_Trust_Company comment "The Ohio Life Insurance and Trust Company was a banking institution based in Cincinnati, Ohio, which existed from 1830 to 1857. The Panic of 1857, an economic depression, resulted after the company's New York City offices ceased operations due to bad investments, especially in agricultural-related businesses. During the Crimean War, much of Europe's farm labor was engaged in the military, resulting in Europe becoming dependent on American crops for food.".
- Ohio_Life_Insurance_and_Trust_Company label "Ohio Life Insurance and Trust Company".
- Ohio_Life_Insurance_and_Trust_Company sameAs m.03ql6v1.
- Ohio_Life_Insurance_and_Trust_Company sameAs Q7080847.
- Ohio_Life_Insurance_and_Trust_Company sameAs Q7080847.
- Ohio_Life_Insurance_and_Trust_Company wasDerivedFrom Ohio_Life_Insurance_and_Trust_Company?oldid=589692775.
- Ohio_Life_Insurance_and_Trust_Company isPrimaryTopicOf Ohio_Life_Insurance_and_Trust_Company.