Ch 23 Flashcards

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1
Q

Ulysses S. Grant (Illinois)

A
  • former civil war general
    • nominated for president in 1868 and 1872
      • 1868 election
        • “vote as you shot”
        • Grant (Republican) 214
        • Seymour (Democrat) 80
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2
Q

Fisk and Gould

A
  • millionaire partners
    • 1869- planned to conner the gold market
      • would only work if treasury would refrain from selling gold
        • coerced Grant and his brother-in-law
      • bided the price of gold way up
      • bubble broke when treasury released gold
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3
Q

Tweed Ring (NYC)

A
  • “Boss” tweed employed bribery, graft, and fraudulent elections
    - amassed $200 mil from the city
    • word of his scams came out and he was prosecuted by Tilden (future presidential candidate)
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4
Q

Credit Mobilier Scandal 1872

A
  • Union pacific insiders founded the Credit Mobilier construction company and hired themselves to build a RR
    - earned dividends of 348%
    • to avoid being busted they handed out stock to key congressmen
      • exposed by a newspaper (2 congressmen fired)
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5
Q

Whiskey Ring (1874- 1875)

A
  • robbed the treasury of millions in excise tax revenues
    • “let no guilty man escape” - Grant
    • when culprits are captured he volunteers a written statement for the jury that exonerates the thieves
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6
Q

Greeley

A
  • reform minded citizens formed the liberal republican party
    • they nominated Greeley for president in 1872
      • backed up the democrats
    • heated election, lots of mudslinging
      • Grant (Repub)
      • Greeley (Lib Repub)
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7
Q

Greenbacks

A
  • US’s paper money ($450 mil)
    - depreciated
    • 1868- had already removed 100mil from circulation
    • Debtors- wanted money re-issued so there would be “more”
    • Creditors- wanted deflation not inflation
      • resumption act of 1875- further remove more greenbacks
    • Contraction- treasury collects precious metals and reassumes greenbacks
      • brought greenback up to full value and restored gov’t credit rating
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8
Q

GAR

A
  • Grand Army of the Republic
    - fraternal organization of union war vets.
    - supported the republicans
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9
Q

Stalwarts

A
  • led by Roscoe Conkling (NY)

- embraced spoils system

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10
Q

Half-Breeds

A
  • opposed to Stalwarts
    • flirted coyly w/ civil service reform
      • really wanted pwr
    • James G Blaine (Maine)= leader
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11
Q

Compromise of 1877

A
  • results were very close and votes from several states were disputed
    • democrats agreed to allow Hayes to take office if troops are immediately drawn out of Louisiana and South Carolina
      - ended reconstruction
    • republicans assured that they would support a bill subsidizing a southern transcontinental RR
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12
Q

Jim Crow Laws and Black Suppression

A
  • state level legal codes of segregation
    • south also enacted poll taxes, literacy requirements, and voter registration to disenfranchise backs
    • Plessy v Ferguson 1896
      • separate but = is okay
    • # of lynchings in creased in the 1890s
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13
Q

Chinese Immigrants

A
  • many came to CA from K’uangt’ung province in China
    - got jobs mining gold and laying railroads
    • violently abuse by the irish
    • Chinese Exclusion Act of 1882 ended Chinese immigration
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14
Q

Garfield

A
  • 1880 Repub. Presidential candiate
    - Garfield (R) 214
    - Winfield Scott (D) 155
    • SoS= Blaine (half-breed)
    • Garfield is killed by Charles J. Guiteau (hanged)
      • says “I am a Stalwart, Arthur is now president”
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15
Q

Arthur

A
  • 1880 Repub. VP candiate (stalwart)
    - from Ohio
    • becomes president after Garfield’s death
      • urges a reform of the spoils system
        • Pendelton Civil Service Act
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16
Q

James G Blaine

A
  • former SOS wants Repub. Presidential nomination (1884)
    - from Maine
    • some repubs. challenged his candidacy due to scandal
      • Mulligan Letters
        • written by Blaine to a Boston business man
          • linked him to a corrupt deal
        • caused some ppl to defect to democrats (Mugwamps)
    • looses w/ 182 votes
17
Q

Grover Cleveland

A
  • Democratic nomination for 1884
    • Repub. mudslingers found out that he had an 8yr old illegitimate son
      • Cleveland admits it
        • election is very mudsling-y
    • Wins w/ 219 votes
    • during his term he fought for a lower tariff
18
Q

Benjamin Harrison (Repub.)

A
  • son of WHH
    • Election of 1888
      • tariff= prime issue of 1888
        • some votes were bought
      • BH 233
      • GC 168
19
Q

Thomas B. Reed

A
  • new republican speaker of the house
    - from Maine
    - bent the house to his will
    - dominated the “billion dollar congress”
    - spent lots of money on pensions etc.
20
Q

McKinley Tariff Act of 1890

A
  • raised tariff to 48.4%
    - sponsored by W. McKinley of Ohio in the House
    • angered rural voters
      • in 1890 repubs. lost majority
21
Q

Populists

A
  • mainly formers in the west and the south
    - platform denounced the “prolific womb of governmental injustice”
    • Called for
      • graduated income tax
      • govt. ownership of
        • RR, telegraphs, and telephone
      • direct election of US senators
      • shorter workday
      • immigration restriction
    • African American Populists
      • south increased it’s use of literary tests etc.
      • Grandfather clause exempted these requirements from anyone whose ancestors had voted in 1860 (when black couldn’t vote)
      • more sever jim crow laws as well
22
Q

Depression

A
  • Economic downturn @ start of Cleveland’s (2nd) presidency
    - most devastating one of century
    • Sparked by:
      • Overbuilding
      • over speculation
      • labor disorders
      • agricultural depression
    • “endless cycle” of gold draining from the Treasury
      • made it necessary to repeal Sherman Silver Purchase Act
23
Q

Sherman Silver Purchase Act

A

1890- compromise between the western silver agitators and the eastern protectionist

- Westerners agreed to support a higher tariff and the protectionists, this bill. 
	- ordered the Treasury to buy 4.5 million ounces of silver monthly.
- re-elected Cleveland wanted a repeal 
	- only partially stopped the hemorrhaging of gold from the treasury 
- Cleveland makes deal w/ JP Morgan to get $65 mil in gold for a loan