12.8Retreat_from_Reconstruction

12.8Retreat_from_Rec - Retreat from Reconstruction Grants corrupt Administration Trusted people Grant was very lenient The Money Problem Southern

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12/08/09 Retreat from Reconstruction Grant’s corrupt Administration Trusted people, Grant was very lenient The Money Problem Southern economy in distress Make more money to influence money supply Panic of 1873: “The Money Question” Debtors and “greenbacks” o Larger money supply means it was easier to get credit Creditors and hard money o Will only lend to those with good credit. o Only wanted hard money. 1876: Greenback party formed Election of 1868 Unreconstructed states did not participate in election Grant won by a landslide Final Efforts of Reconstruction 1869: Fifteenth Amendment Also enfranchised northern blacks Women’s rights group were upset that they were not granted the vote Northern support for black citizenship waned Reign of Terror Against Blacks Secret societies – all merged to make a Klan 1870s: Ku Klux Klan Southern terrorists o Assassinated people Northern support for military support waned
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This document was uploaded on 10/27/2011 for the course ASST 101 at Texas Tech.

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12.8Retreat_from_Rec - Retreat from Reconstruction Grants corrupt Administration Trusted people Grant was very lenient The Money Problem Southern

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