Baltimore Bank Riot of 1835

August 6, 2012 11:16 AM CDT By Special to People’s World

On August 6, 1835 the Baltimore bank riots began. The several day long riot was prompted by a bank directors money making scheme.The directors invested depositors savings in the Union Bank of Maryland which went bankrupt. Angry citizens attacked and burned the bank director Reverdy Johnson’s home and in successive days, the homes of other bank directors and Baltimore’s mayor.

Photo: Wkikpedia

Site of of Reverdy Johnson’s home.

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Baltimore
Banks

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Special to People’s World

People’s World is a voice for progressive change and socialism in the United States. It provides news and analysis of, by, and for the labor and democratic movements to our readers across the country and around the world. People’s World traces its lineage to the Daily Worker newspaper, founded by communists, socialists, union members, and other activists in Chicago in 1924.