" Charles’s childhood coincided with America’s first great depression, the Panic of 1837, which lasted a Biblical seven years. A newspaper out of Albany, the Knickerbocker, reported in 1837 that “there never was a time like this,” with “rumor after rumor of riot, insurrection, and tumult.”26 Banks collapsed, and unemployment climbed to 25 percent. Factories along the eastern seaboard were shuttered, and soup kitchens opened in major cities. Two out of three New Yorkers were said to be without means of support. Eight states defaulted on loans. In his literary magazine, Horace Greeley made the first of his famous entreaties to pull up stakes: “Fly, scatter through the country, go to the Great West, anything rather than remain here.”27 "

― Caroline Fraser , Prairie Fires: The American Dreams of Laura Ingalls Wilder