Which of the following is NOT TRUE of the Panic of 1873? A. It was a local economic downfall that was quickly contained.
B. It was a severe nationwide economic depression which lasted until 1877.
C. It was precipitated by the bankruptcy of the Philadelphia banking firm: Jay Cooke and Company
D. It diverted the nation's attention away from Reconstruction. E. It was caused by over expansion of the railroads.

American express has a long history of working for the good of all in its new york community. in 1885, it engaged its employees to raise money to build the pedestal of the statue of liberty, and today has a program to restore, preserve and revitalize historic sites in new york city. these actions by american express are partial fulfillment of the the firm has established for itself as a corporate citizen.