###########################################
# Wildcat Banks by Bob 'Mettermrck' Kraus #
###########################################
event = {
id = 304aaa
random = no
country = USA
picture = market_regulations
trigger = { random = 25 }
name = "Wildcat Banks"
desc = "By 1836, all banks in the United States were state chartered
banks. Out in the frontier states, some of these banks were called wildcat
banks. Wildcat bankers were men of unscrupulous means who would obtain a
state bank charter, issue notes and spend them and then do everything
possible to keep from having to redeem them. Sometimes he would hide out
in small unheard of towns at the edge of the frontier with the wild animals
hence the name wildcat bank. Usually these bankers did not last long and
caused a flurry of dangerous land speculation in the 1830s."
style = 0
date = { month = february year = 1836 }
action_a = {
name = "Drat those bankers!"
command = { type = setflag which = flg_panic37 value = 1 }
command = { type = pop_cash which = yankee value = -25 }
command = { type = pop_cash which = dixie value = -25 }
command = { type = pop_consciousness which = farmers value = 1 }
}
}
#############################################
# Specie Circular by Bob 'Mettermrck' Kraus #
#############################################
event = {
id = 304423
random = no
country = USA
trigger = { ruling_party = 14101 }
picture = market_regulations
trigger = { random = 25 }
name = "Specie Circular"
desc = "Without a national bank, the flood of paper money and land
speculation in the United States increased, and in an attempt combat this,
President Jackson issued the Specie Circular, which mandated that land
purchases could only be made in specie payments, or gold and silver."
style = 0
date = { month = march year = 1836 }
deathdate = { month = march year = 1837 }
action_a = {
name = "Curtail land speculation!"
command = { type = pop_dominant_issue which = 10 value = interventionism }
command = { type = pop_militancy which = capitalists value = 1 }
command = { type = sleepevent which = 3044xx }
}
action_b = {
name = "Paper money is acceptable"
command = { type = pop_dominant_issue which = 10 value = laissez_faire }
command = { type = pop_consciousness which = capitalists value = 1 }
command = { type = pop_militancy which = farmers value = -1 }
command = { type = sleepevent which = 304424 }
}
}
########################################################
# Panic of 1837 (historical) by Bob 'Mettermrck' Kraus #
########################################################
event = {
id = 304424
random = no
country = USA
picture = monetarysystem
trigger = { flag = { name = flg_panic37 value = 1 }
random = 35
name = "Panic of 1837"
desc = "New York banks began refusing to make specie payments in
early 1837, and the bubble of land speculation and paper money in the United
States finally burst, leading to a collapse of the nation's finances and an
onset of depression."
style = 0
date = { day = 10 month = may year = 1837 }
action_a = {
name = "A national crisis!"
command = { type = treasury value = -5000 }
command = { type = pop_consciousness which = capitalists value = 1 }
command = { type = pop_consciousness which = craftsmen value = 1 }
command = { type = pop_consciousness which = labourers value = 1 }
command = { type = pop_consciousness which = farmers value = 1 }
command = { type = pop_consciousness which = clerks value = 1 }
command = { type = pop_militancy which = yankee value = 1 }
command = { type = pop_militancy which = dixie value = 1 }
command = { type = treasury value = -1000 }
command = { type = pop_cash which = yankee value = -250 }
command = { type = pop_cash which = dixie value = -250 }
command = { type = loan_interest_rate value = 2 }
command = { type = tariff_eff value = -2 }
command = { type = tax_eff value = -2 }
command = { type = trigger which = 213192 }
command = { type = sleepevent which = 304yyy }
}
}
##################################################
# Panic of 1837 (hard) by Bob 'Mettermrck' Kraus #
##################################################
event = {
id = 304xxx
random = no
country = USA
picture = monetarysystem
trigger = { flag = { name = flg_panic37 value = 1 }
random = 35
name = "Panic of 1837"
desc = "New York banks began refusing to make specie payments in
early 1837, and the bubble of land speculation and paper money in the United
States finally burst, leading to a collapse of the nation's finances and an
onset of depression."
style = 0
date = { day = 10 month = may year = 1837 }
action_a = {
name = "A national crisis!"
command = { type = treasury value = -5000 }
command = { type = pop_consciousness which = capitalists value = 1 }
command = { type = pop_consciousness which = craftsmen value = 1 }
command = { type = pop_consciousness which = labourers value = 1 }
command = { type = pop_consciousness which = farmers value = 1 }
command = { type = pop_consciousness which = clerks value = 1 }
command = { type = pop_militancy which = yankee value = 1 }
command = { type = pop_militancy which = dixie value = 1 }
command = { type = pop_cash which = yankee value = -100 }
command = { type = pop_cash which = dixie value = -100 }
command = { type = loan_interest_rate value = 2 }
command = { type = tariff_eff value = -2 }
command = { type = tax_eff value = -2 }
command = { type = trigger which = 213192 }
}
}
##########################################
# Reregulation by Bob 'Mettermrck' Kraus #
##########################################
event = {
id = 304yyy
random = no
country = USA
picture = monetarysystem
random = 20
name = "Reregulation"
desc = "The harshness of the Panic of 1837 caused many in the United
States to place the blame with the Jackson Administration and its failure to
renew the charter of the Second National Bank. A central bank, it was
argued, would have had the clout and financial resources to intervene in a
crisis such as this. Amidst the harsh times of the Panic, pressure was brought
to bear on the President to issue some kind of statement endorsing a
reevaluation of the banking system and its regulation in order to reassure
investors."
style = 0
date = { month = june year = 1839 }
deathdate = { month = november year = 1840 }
action_a = {
name = "We can conduct a review, but no National Bank!"
command = { type = pop_consciousness which = capitalists value = 1 }
command = { type = pop_consciousness which = farmers value = 1 }
command = { type = sleepevent which = 304425 }
}
action_b = {
name = "Jackson was right! Banks are the scourge of the common man!"
command = { type = pop_consciousness which = capitalists value = 1 }
command = { type = pop_consciousness which = aristocrats value = 1 }
command = { type = sleepevent which = 304zzz }
}
action_c = {
name = "Perhaps we were a bit too hasty."
command = { type = pop_consciousness which = labourers value = 1 }
command = { type = pop_consciousness which = farmers value = 1 }
command = { type = pop_militancy which = farmers value = 1 }
command = { type = prestige value = 2 }
command = { type = sleepevent which = 304425 }
}
}
##########################################################
# Nation Recovers (historical) by Bob 'Mettermrck' Kraus #
##########################################################
event = {
id = 304425
random = no
country = USA
picture = monetarysystem
name = "Nation Recovers"
desc = "Gradually, after a six-year depression, the United States
slowly recovered from the financial Panic of 1837."
style = 0
date = { month = june year = 1843 }
action_a = {
name = "Things are slowly returning to normal"
command = { type = pop_militancy which = yankee value = -1 }
command = { type = pop_militancy which = dixie value = -1 }
command = { type = loan_interest_rate value = -2 }
command = { type = tariff_eff value = 2 }
command = { type = tax_eff value = 2 }
}
}
#########################################################
# Nation Recovers (shortened) by Bob 'Mettermrck' Kraus #
#########################################################
event = {
id = 304zzz
random = no
country = USA
picture = monetarysystem
name = "Nation Recovers"
desc = "Gradually, after a five-year depression, the United States
slowly recovered from the financial Panic of 1837."
style = 0
date = { month = june year = 1842 }
action_a = {
name = "Things are slowly returning to normal"
command = { type = pop_militancy which = yankee value = -1 }
command = { type = pop_militancy which = dixie value = -1 }
command = { type = pop_cash which = yankee value = 50 }
command = { type = pop_cash which = dixie value = 50 }
command = { type = loan_interest_rate value = -2 }
command = { type = tariff_eff value = 2 }
command = { type = tax_eff value = 2 }
}
}
