Franco-Prussian war

Tuesday

Christopher Akers

The Panic of 1873 seems eerily familiar

On 18 September 1873, the leading American bank Jay Cooke & Co collapsed after a disastrous bet on the railroad boom. Like the bankruptcy of Lehman Brothers in 2008, it was a watershed moment in an unfolding global financial crisis. Yet ‘the first Great Depression’, which lasted until 1896, is now mostly forgotten, despite some intriguing parallels to contemporary events and a fascinating dramatis personae, which includes the Rothschilds, Ottoman sultans and Otto von Bismarck. The Panic of 1873 and its aftermath took place in a period of financial globalisation and technological growth, with bond markets funding the epochal projects of America’s first transcontinental railroad and the Suez Canal. US railroads were the artificial intelligence investment of the day.

Thursday

Digby Warde-Aldam

Impressionism is 150 years old – this is the anniversary show to see

The time that elapsed between the fall of the Paris Commune and the opening of the first proper impressionist exhibition amounted to less than three years. Over the course of that period, the city had witnessed the collapse of the Second Empire, suffered a siege at the hands of the Prussian army and seen vicious house-to-house fighting between the troops of the Versailles government and thescrappy citizen-army of Paris proper. All Parisians would recall the rivers of blood running down the city’s ritziest shopping streets, zoo animals being butchered for restaurant fodder, and the mass slaughter of rebel prisoners across the public squares of the city’s eastern faubourgs.