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that there was a brief mulberry tree bubble in the United States, in the hopes of producing silk domestically. Mulberry tree prices rose from $4 per 100 in 1834 to $30 per 100 in 1836, until blights and panic made the bubble burst by 1840.
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Fun Fact: that there was a brief mulberry tree bubble in the United States, in the hopes of producing silk domestically. Mulberry tree prices rose from $4 per 100 in 1834 to $30 per 100 in 1836, until blights and panic made the bubble burst by 1840.
Source
connecticuthistory.org
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