The crisis led to the introduction of emergency paper currency, highlighting governments' responses to liquidity shortages. In Britain, this took the form of Treasury notes valued at £1 and 10 shillings, while in the United States, the Aldrich-Vreeland Act of 1908 allowed banks to issue emergency funds. Such measures reflect a recurring strategy of managing financial crises by increasing the money supply.
This approach to address financial instability demonstrates the reliance on printing money as a solution during desperate economic times. Similar to past events, authorities today may still resort to similar strategies to alleviate liquidity issues, illustrating a historical pattern in financial governance.