Here are some one liners...
Black Friday and Our Own Best Interest -- The Overend Bank goes off the deep end and takes a lot of investors with it, but before it does it turns to the Bank of England for help, but despite its name, the BoE remains a PRIVATE bank and looks to its own interests, so to speak.
The Trans-Atlantic Telegraph is in Business -- The project is led by an American but backed to the hilt by the British. It is smiles all around as TWO trans-Atlantic telegraph cables begin to sing.
The Struggle for Civil Rights Begins -- Congress passes civil rights legislation and then begins work on the 14th Amendment to grant themselves the power to do what they already did. I talk about birthright citizenship.
In Other News -- The Shield nickel, Jesse James and dynamite.
Black Friday and Our Own Best InterestThere is a run on the "banker's bank" as stock prices collapse. The London bank "Overend, Gurney and Company" has made its name offering commercial loans to banks. (This is called "discounting".) After the retirement of Mr. Gurney, the bank expanded its investments, apparently oversubscribing in railway stocks. Realizing the bank was overextended they attempted to increase their liquidity by selling stock in the bank during the recent stock market upturn, but when the market takes a quick downturn, especially in railway stocks, the bank's account holders are left holding the bag and it is a BIG BAG: about 1.2 billion dollars in modern money. (Breathe in. Breathe out.) The Overend Bank seeks a bridge loan from the Bank of England to get them over this little patch. DENIED! The Overend Bank takes a flying leap into oblivion taking a lot of big investors with them. Discount rates shoot up to 10% causing commercial loans to dry up and sending 200 companies to the chopping block. Unemployment soars to 8% and while that percentage is fairly high, it is survivable, so exactly how the worker's riots got started is more due to the political situation than the economic one. The workers blame the government for yet another fowl up. The workers are fighting for men's suffrage, and more men will get the vote in England and Wales next year. (Women are still at the back of the line.)   
The Trans-Atlantic Telegraph is in BusinessActually, TWO Trans-Atlantic telegraph cables are now working. Last year one of the cables was lost, but the captain took a reading in order to pin point its position for later recovery. Cyrus Field or "Lord Cable" is the American who has been pushing this project along which as become a British project since the American War between the States broke out. With the sudden loss of the cable last year, Cyrus thought that the project was lost too, but the communication break in the cable caused great concern. It was believed the ship had been lost, so when the ship returned intact, Cyrus was a hero! New financing allowed him to build a second, lighter and better designed cable which they laid across the Atlantic this year. Then they returned to the original location where last-year's cable was lost and hooked it. They spliced into it and carried the line all the way across, establishing two telegraph lines. With the recent troubles in the London stock market, the cables are already making money as buy and sell orders wing their way across the Atlantic. The financial world has become a lot smaller as the telegraph creates a unified system.  
The Struggle for Civil Rights BeginsThe first Civil Rights Act is passed into law over the veto of President Andrew Johnson. The 13th Amendment to the Constitution has already ended slavery, but Black Codes (or laws) passed by individual states have imposed taxes on ex-slaves who cannot find work. Let's work out the logic of this: An ex-slave or Freedman cannot find work, so he is taxed, but he can't pay the tax because he is out of work, so the Freedman is arrested for tax evasion and forced to work for the state to pay off the debt, after which he is a former-felon who cannot find work. Wash. Rinse. Repeat. To resolve such injustices, the US Congress passes the Civil Rights Act which grants citizenship to any number of people including Freedmen and grants them equal rights to enter into binding contracts, to sue in the courts and to prevent discrimination on the job based on race. There is some doubt as to whether the Congress has the authority to pass such sweeping legislation. Nevertheless, enough Congressmen object to the current injustices to override President Johnson's veto. Then the Congress begins work on the 14 Amendment to grant themselves the authority to do what they already did.       
In Other News
- The first daylight bank robbery by Jesse James and company. A bank in Liberty, Missouri is owned by a Republican and Jesse James and his gang are out-of-work, former Confederates. What could be more natural? 
- Alfred Nobel invents dynamite. He uses diatomaceous earth to stabilize nitroglycerin and BAM! He is going to be rich! DuPont is blowing it.