Which of the following was not a cause of the fi nancial crash of 1857?
(A) Infl ux of gold from the California Gold Rush
(B) Overproduction of grain
(C) Land and railroad speculation
(D) Decline in the price of cotton overseas
(E) Infl ation of currency
It would be an "(A) Influx of gold from the California Gold Rush" that was not a cause of the financial crash of 1857, since this gold almost always went to person use--and there wasn't that much of it relative to the entire US economy.
