Exonomy Flashcards
Positive effects of BB
1860-1900 eco grow 400%
New immigrants w ideas
Exploitation of natural resources
Railroads standardised time
Technology inc productivity
Bigger market
Westward expansion
More migrants- workforce
Agriculture / early 80s and 90s
Alaska Yukon
Infrastructure - urbanisation
2 ports - west coast
-Seattle
-Los Angeles
Neg effects of BB and industrialisation
Low wages, child labour - poor working conditions extreme political views- communism, archaism, socialism
Poverty- dumbbell tenements, overcrowding, cholera
Poor assimilation- little Italy , orange riots, KKK, new vs old immigrants
Over production
Railroads discriminate against farmers aswell as high tariffs
No give Loans to farmers and when did- high
Laissez faire- anti Sherman
Farmer loss of status
Hard money
Vanderbilt
5 examples of corruption in business and gov
Laissez faire
Corporations
Holding companies
Interlocking directorate
Scandals
Corruption laissez faire
Business grew rapidly but gov was naive
They didn’t have quality leadership to deal w cut throat businessmen so laissez faire
Believed business was good for economy
Didn’t know where to start w corruption
Didn’t want to stop growth
Corruption
Holding companies
One company buys assets of another
This corporations can gain control over many other businesses
Corruption
Interlocking directorate
People on board of directors of various corporations are also on the board of competing corporations
Allowed by gov hand off policy
Corruption
Scandals
Lack of regulation
Workers abused and taken advantage off
Deregulation allowed IS to become work leader in business
Corruption
Tammany Hall
1860-70s
Headquarters of democrat party in NY
Headed by Tweed
Graft bribery and rigged elections
Took $200 from city
Some money created jobs, public buildings and helped local economy
Some used for tweed to make his life comfy
Some widows
Those who objected disappeared
How was tweed taken down
Nast 1871 brought light to corruption
Cartoons damaging led to his downfall
Tammany Hall offered to pay 100,000 to stop but he didn’t
1873- Tweed fled to Spain but caught
Tilden prosecuted Tweed
Corruption in politics
Gov all levels say provider of essential services
Not welfare
Neighbourhood associations came to bridge gap between gov and what people needed
Helped new arrivals w jobs, support for small business and legal assistance etc
Did ask a price- set up system to pay them back eg w votes and they gained power
Leaders became known as bosses and got elected
Loyalty to their associations gave them success and votes - loyalty was not to their elected position - often corrupt
Machine politics
What is machine politics
Bosses who controlled votes via their associations
Corruption in business and government
Corporations
Gov made growth easier through corporations
Early in the century it was legal
By creating corporations, individual stockholders are only at risk of losing the amount of their original investment
Also made it easy to raise more capital by selling mor me stock
Allowed business to grow and develop
Corruption-
Name 2 scandals
Whiskey ring
Credit Mobilier
Explain the whiskey ring
1875
Group of whiskey distillers who conspired to defraud the federal government of taxes
Whiskey ring bribed internal revenue officials and accomplices in Washington in order to keep liquor taxes to themselves
Bestow secretary of Treasury exposed Ring- 110 convictions
Allegations were that the tax money was used in the Republican national campaign- this aroused the public
Grant was not suspected but his private secretary was, grant defended him
Explain credit mobilier
1872-73
Major stockholders in the Union Pacific Railroad formed a company - The Credit Mobilier - of America and gave it contracts to build the railroad
They sold/gave shares in the construction to influential congressmen
Industrial expansion
Impacts
America- industrial and agricultural giant
By 1894- worlds greatest manufacturing power
Created new industries faster then any other nation
Rush of immigrants provided labour
Industry and agriculture grew rapidly - railroads etc
Expand internationally
Farmers focus on single crops- providing for world
Factories specialised in few products
Railroads bonded nation together
-connect raw materials w factories
-so huge 4 time zones made to manage
Commuter trains- more workforce
Technological innovations
- 1860-1890- 40,000 patents issues
- 1876 telephone
- 1886 US telephone
- Edison - photograph and lightbulb 1879
Impacts of industrial expansion:
Technological expansion
1860-1890 - 400,000
Much technological innovation and applied science
1876 telephone
1885 US telephone and telegraph founded
Edison - many inventions - photograph and lightning (1879)
W backing of JP Morgan - Edison electric provides current to 85 customers in NYC
Over all big gov policy
Hard money
Tariff
Lack of intervention
What did gov do about soft money belief
Not adopted
1873 coinage act ended bimetellism in the US enforced by
1900 Gold Standard
‘Crime of 93’ 8:Sherman Silver Purchase Act repealed by Congress
Reinforced hard money politics
Industrialisation - changing workforce
Machines - common - unskilled labour required
Immigrants women and children part of workforce
Wage slaves - replaced if ill and low wages
Company towns - close to work as transportation is high. Many can’t afford so live in 1 house
Workers - 10 hour day at least No health and safety regulations Social issues like Delayed marriage as women work Dirty tenements Disease
Unionisation
National labour union 1866
-first national labour organisation
Supported workers rights - 8 hour day, arbitration and paper money
-ended by death of leader
Knights of labour
- Initially secret group but once ended membership increased
- Successful riot over reduced wages for workers at wellbash railroad
- one of leaders inv in Haymarket square - associated w anarchy so membership decreased
American Federation of Labour 1866
- highly successful
- unified various local unions
- advocates 8 hour days, safety, laws etc
- favoured closed shops - only union workers could be hired
- only allowed skill workers to join
Name 4 industrial worker strikes
Molly magures
Great railroad strike 1877
Homestead strike 1892
Pullman strike 1894
Explain the molly maguires strike
Coal miners in Pennsylvania restored to violent to express their frustration
Pinkerton detectives arrested 20 leaders and some were hung
Explain the Great Railroad Strike
1877
First nationwide strike
Railroad workers walked off job
Blockaded trains following pay cut
Rutherford Hayes ended strikes w federal troops
Explain the Homestead strike
Steel workers in Carnegie’s plant were locked out
The Union was broken and Homestead remained deunionised till 1937
Pullman strike
Railroad workers went on strike stopping almost all train service in Midwest
Cleveland set federal troops —> said the strike hindered the delivery of US mail (constitutional ground)
What law allowed mass Chinese immigration
Elaborate
Burlingame Treaty 1868
Most favoured nation status granted to China
Opened door to immigration w our restrictions
By 1880, Chinese around 9% pop of state
What did the Chinese’s do in the US
Many single men wanted to be rich and go back
Large part of building railroads
Failed to assimilate - don’t care about culture as planned on leaving
- When railroads were finished 1/2 went back -But didn’t have easy life
- Many worked as domestic servants - learning new skills that were not required in China like cooking and cleaning
- started Chinatown enclaves
Some white workers attacked Chinese’s as cheap Chinese’s labour was taking their jobs
Dennis Kearny
Irish immigrant
Formed workingmens party
Attempted to rewrite constitution to deny Chinese’s votes and jobs
Movement went national
What stopped Chinese immigration
Chinese’s Exclusion Act 1882
-banned all Chinese’s immigrants for next ten years
Then it could be renewed
1902 made indefinite
Immigration not reopened till 1943
What in the US prompted people from all over the world to come to seek fortune
California Gold
Immigrants prior 1880
Norther Western European’s
Immigration after 1880
Southern and Eastern European’s - Italians , Slavs, Czechs, Russians etc
What was the reaction to the new immigrants
Political corruption - political machines were made to deal with the terrible conditions
How had the spoils system expanded since the Guilded Age
Politicians gave jobs to family supporters etc
Often these people weren’t qualified
Who was Hamilton Fish
Grants Secretary of State
Reorganised the Department of state
Attempted to adhere to a merit system - where applicants had to pass competency exam
Considered a visionary
The idea was talked about but never utilised
TO GET RID OF SPOILS SYSTEM
What had the spoils system caused in the Republican Party
SPLIT
Stalwart vs Half Breed
What was the trigger cause for the 1st proper reform against the spoils system
Garfield’s death
His replacement Arthur was a stalwart
Not a big reformer but Public outcry —> so he reformed
Reforms against the spoils system
Civil service commission - impacted 10% of jobs
Pendleton civil service reform act 1883
- said that each president has ability to enlarge % of civil servants (merit based jobs)
- this would not need congressional vote
- everyone would get equal treatment when applying for jobs apart from veterans and widows of them and disabled veterans
Key issues for farmers
Decline in crop prices
Impact of civil war
Under consumption of new immigrants
Monopolistic tendencies of brokers in cities (charging a price they saw as fair)
Railroads greedily monopolies w captured markets
Railroads for given large land grants and paid less tax than farmers (disproportionate)
Railroad owners - free passes to politicians, office holders, representative, lawyers etc condemned as a form of bribery to favour them
Local banks charge 8-10% interest based on rush
Tariff non inflationary
Decline of grange - no voice
2 political forces and how they impacted the Republican and Democrat party
Populism- causes changes and deep division in Democrat party
Progressivism- influences Republican Party esp under Roosevelt
By 1912- Progressivism became central issue in US politics
A new national progressive party was formed
Progressivism deeply divided the Republicans and Wilson was strongly influenced by it so led the revival of the Dem party
But Republicans dealt better w it explaining the Republican rule
How were democrats split
Bourban Democrats
- led fyt against Whiskey ring
- support Gold standards
- support Eastern Business interests
- Wilson was a Bourban in 1912- made a deal w Bryan on opposing side of Democrats. This United the party
Anti-urban Wing populist democrats
- Agricultural - poor farmers of south and west
- support free silver
- oppose gold standard
- support farmers
Republican dominance
Republican support
AA in south
Industrialists
WC who believed they did well
Landowners
Mid west
Gold standard
Republican dominance - democrat support
Tammany Hall - helped new immigrants
Southern support
Republican dominance
Republican strength
For Wall Street (instead of people)
Financed well by BB ($20 million)
Mark Hana
Political machine
Good at financing - JP Morgan - industrialist
Tariff appealed to wealthy and industrialists
Gold standard
McKinley front porch campaign
Republican aggressive foreign policy aims — thought would help America - providing aid to Cuba though would aid US economy
Republican dominance
Democrat weakness
Deeply divided
Panic of 1893 and eco depression
Cleveland got financial backing off Wallstreet - Morgan $62mill- helping Wall Street not the little man
Suspicious of free silver
Extreme southern dems - religion - Bryan
Eastern conservatives who backed Cleveland were lukewarm in supporting Bryan
Bryan - inflation - alienated conservatives
Populists - angry wanted to run own candidate
Dem - under Bryan opposes international intervention
Party - divides after poor showing in midterm elections
What has Republican dominance and Democrat weakness led to
McKinley won 1896 election presidential
Who were populists
First appeared as a political party at state level in 1890 and quickly became mass movement
Support in south, western plains and rock mountains
In 1892- set out manifesto in Omaha platform
Did well in 1892 elections and gained more support in 1894 mid term
Omaha platform
Populist party set our political manifesto - Omaha 1892
Tariff reductions
Graduated income tax
Public ownership of railroads
Direct election of senators
Federally funded irrigation research
Ban on land ownership for aliens
Free coinage of silver
Laws allowing farmers to store goods in federal warehouse
Low interest loans w crops as collateral
1892 election results
Cleveland wins
What was the 1892 election based on
Eco issues
Cleveland - gold standard and lowering tariffs
Republican and pop - free silver
Republican- protectionist tariffs
Late 1880s and early 1890s - settlement of Transmississipi west - saw thousands of dark settlements established
However bankers and credit that fuelled initial rush dried up and farmers ran into debt
1880s climate unusually high rainfall - prosperity
After 1887- climatic conditions returned and drought and erosion
Many farmers bankrupt
What 2 factors led to Bryan becoming the Democrat candidate
Weakness of Democrats
Problems w populists
How did Bryan become the democrat candidate
Weakness of Democrats
Elaborate
Panic 1893 and eco depression
1894 mid term elections did poorly divide more
Cleveland’s response was to ally with pro business elites
Bourban democrats stuck to traditional laissez faire and the gold standard
1895- Cleveland for financial backing from Morgan and $62 million propped up the gold reserves.
‘This gave amunition to Cleveland’s opponents —> he sided with big money and Wall Street not ‘Little man’
‘Gold Dem’ won’t vote for Bryan
How did Bryan become the Democrate candidate
Problem with populists
Dem joined forces w populists
1896 election needed - Dem needed new candidate and a way to combat populism
At the national nominating convention in Chicago - the silver rites won a key debate and Dem adopted cause of free silver into its programme
The convention then gave the nomination to Bryan
Some populists felt betrayed - wanted to run own candidate
But split would give victory to Republicans so didn’t
Bryan as presidential nominee
Good talked ‘whistle stops’ on trains - gave speeches
Was backed by people in south and west esp farmers
Silverrite opposed gold standard
‘You shall not crucify mankind upon a cross of gold’
Describe the Republican Party in 1890
Very different to Lincoln
Fewer AA could vote - south was a lost cause
Main block of support was BB— workers who did well from high tariffs (Dem opp bus circumstances can change this)
Campaign style suffered greatly - Bryan whistle stop tours and biblical punchlines
McKinley did not need to do this- they had money and modern political machines
Republican campaign was driven by master political strategist Mark Hanna
He was a rich businessman and brilliant fundraiser
What happened to Bryan
Obtained control of Dem- presidential nomination 1900
Aftermath - Spanish American war - became fierce opponent of imperialism and his campaign was based on this
McKinley defeated Bryan and his influence weakened
Won party nomination in 1908- defeated by Taft
Dem win- 1912- Wilson made Bryan Secretary of State
1915 disagreed w Wilson as Britain no want war and resigned
Remained active in politics -supported Wilson’s re-election -wanted prohibition Did not want Darwinism He became a promoter of Florida Real Estate - contributed to Florida Land boom in 1920s
Mckinley wins 1896 election
Gold triumphs silver
Elaborate
1900 gold standard
Republican dominance
Depression ends during McKinley- causes panic in moment but forgotten once prosperity begins
How did populism die out
After McKinley won- populist lost most of following and died out
Populist was swallowed up by Dem party
Most of its beliefs was roots of progressives
By 1908- populism was 1 strand of Dem party
Progressivism replaces populism
Absorption showed the resilience of 2 party politics
Consequences of McKinley’s win at 1896 election
Period of Republican dominance as ‘natural part of gov’
Continuing weakness of Dem
What is populism
Political idea
Common people are exploited by elite - intend to resolve
For ‘little man’
Belief - political and social goals best achieved by action of masses
Not confined to class and didn’t arise from specific conditions
What did the populists achieve
Discovery of gold in Canada Alaska and South Africa- Gold not as deflationary
Many of their ideas later taken up by diff parties
Populism paves way for progressivism - Kept issues on the agenda
What did populists not get
1897- tariffs highest ever
1900 US on gold standard
1900 elections- dem lost - imperialism at heart
Pop absorbed by Dem
Brief relationship between McKinley Roosevelt and Taft
Allies in same party but difference
Even when ran together - McKinley and Taft 1900- significant differences
Roosevelt was suspicious of Hanna
Roosevelt and Taft were great allies in 1908 but 4 years later they divided leading to Wilson winning
Explain McKinley’s presidency
teamed up with Rooseveldt in 1900 had significant differences but they were a good team
He won without needing the southern black vote
His position was strengthened by the Spanish American war he wasn’t so keen himself but he took in the glory
The Democrats were still weak
The administration was filled with wealthy men and business friendly politics he continued protective tariffs and Dingley tariff pushed it higher in 1907
The economy was entering a point of exceptional growth committed to gold currency act and strengthened by discovery of gold in Alaska which increased circulation
Populism was fading- the exceptional growth of dark prices also liaised it
Muckraker
Ida Tarbell
Helped lower lynching
National scale
Muckraker
BT Washington and WEB Dubois
PROBLEM - AFF equality
REFORM- NAACP
NATIONAL SCALE
Muckraker
Elizabeth Cadis, Stanton, Susan B Anthony
Problem- suffrage
Reform - 19th Amendment
NATIONAL
Muckraker
Triangle shirt waste factory
Problem - working conditions
Reform - safety legislation
Local/state
Muckraker
Jacob Riis
Adaams
Problem- living conditions
Reform - tenement house commission - Hull house
Local/state
Muckraker
Upton Sinclair
Problem - consumer protection
Reform - meat inspection and pure food and drug act
NATIONAL
Economic issue
Monopolies and trusts - who solved and how
MUCKRAKER
Roosevelt
Interstate commerce act
Clayton anti trust act
Trade commission act