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In page Alger Hiss:

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In 1907, the year of great financial panic, Charles Hiss felt compelled to sell all his stocks to make good his brother-in-law's debts and to resign from the firm. After unsuccessful attempts by relatives to find him a job, Charles fell into a serious depression and committed suicide, cutting his throat with a razor. Minnie, who had made the most of her former prosperity and social position, was then forced to rely on her inheritance and financial assistance from family members.[citation needed]