apush_6.2_political_paralysis_of_the_gilded_age.pdf - APUSH 6.2 Political Paralysis in the Gilded Age Name Gilded Age The(gold\/glittery the late 1800s

apush_6.2_political_paralysis_of_the_gilded_age.pdf - APUSH...

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Unformatted text preview: APUSH 6.2 Political Paralysis in the Gilded Age Name: ______________________ Gilded Age The ___________________ (gold/glittery) the late 1800s – the times looked glittery and “The Gilded Age” – A term coined by Samuel Clemens (AKA: Mark Twain) to describe _______________________________________ but hid a dark/worthless underbelly good_____________________________________________. Like: ______________________________________________________ connection of the country The period held the creation of the first ____________, an explosion __________________, billionaires the _________________________________, technologyas corruption immigrants living in squalid conditions well as political ______________________, ____________ _______________________________________. shady business dealings, and a growing wave of destitute Era of Good Stealing The “________________________________” Jay Gould and James Fisk two speculators Black Friday, 1869: Caused by __________________________ efforts, ______________________________, to corner the gold market on the New York Gold Exchange. It was generally believed that the U.S. Government would buy back the “greenbacks" from the Civil War with Gold :____________________________________________________________________________________________________________ President Grant’s brother-in-law Gould and Fisk recruited ________________________________, Albert Corbin, who gave them _________________________to the opportunities to get close argue against government sale of gold President, and __________________________________________. They convinced Grant to ______________________________ as appoint one of their partners assistant Treasurer of the United States, who would _______________________________________________________________. tip the men off when the governement intended to sell gold Gouldbegan _____________________________________________________________________. buying large amounts of gold, which caused prices to rise and stocks to plummetThe federal government sold $4 million driving prices even higher. in gold to balance Gould’s actions. Gould bought more, _________________________________________. marred by the scandal (the first of many) Grant’s administration was ____________________________________________________, called the “era of Good Stealings”. distributed Crédit Mobilier shares of stock(from the Union Pacific RR) Crédit Mobilier Scandal: In 1868, Congressman Oakes Ames had ________________________________ discovered until 1872 to other congressmen, in addition to making ____________, cash bribes during Andrew Johnson’s presidency. Was not ___________________, during Grant’s re-election campaign. Exposed in 1875, it involved the diversion of millions of dollars in tax revenues in a conspiracy Whiskey Ring Scandal: ___________________________________________________________________________________ among Republicans politicians, whiskey distillers, and distributors government agents, mostly _____________________________________________________________________________. Belknap Scandal: Involved Secretary of War William W. Belknap, his wife, and two federal appointees who received quarterly illicit Fort tradership contract kickback payments derived from an ______________________________________. Post War Money Troubles post-war inflation railroad & factories and _________________________. too-easy credit given by banks Panic of 1873: Caused by ______________________, over-speculation in __________________, create inflation and thus make it easier to pay off _____________________________________ (“greenbacks”) printed to ________________________________________ Debtors wanted paper money soft money advocated coinage of silver debts; called “_____________________” policy (__________________________________________). _____________________________– started with the mission of bringing soft money policies to life. Greenback Labor party Bankers and the wealthy felt this was unfair because debts would be paid back at lower values than initially given; favored “hard money” policies. President Grant passed the ______________________________ that lowered the number of greenbacks in circulation and redeem the Resumption Act (1875) paper money at face value. Ulysses S. Grant Dates in Office: 1869-1877 Nickname: “Unconditional Surrender” Political Party: Republican Major Events: Crédit Mobilier Scandal “waving the bloody shirt” Panic of 1873 Transcontinental Railroad Completed Whiskey Ring Scandal Black Friday Scandal Belknap Bribery Scandal Fifteenth Amendment Ratified Battle of Little Bighorn Compromise of 1877- AKA: __________________________________________________________ Neither candidate won the electoral majority was elected as Republican _______________________________________________ – was solved by the ____________________: Compromise of 1877 Hayes ___________________________ the assurance that he would remove military occupation in the South president, with ______________________________________________________________________________________. Rutherford B. Hayes Dates in Office: 1877-1881 Nickname: Rutherfraud Political Party: Republican Major Events: Compromise of 1877 Great Railroad Strike of 1877 Knights of Labor is established Why did Samuel Clemens name the post-Reconstruction era the “Gilded Age”? Cite an example of this definition. _____________________________________________________________________________________________________________________ _____________________________________________________________________________________________________________________ _____________________________________________________________________________________________________________________ The Republican Party Splits Half-breeds Stalwarts James Garfield Dates in Office: 1881 Nickname: Boatman Jim Political Party: Republican Major Events: Elected with Stalwart Chester A. Arthur as running mate Assassinated by Charles J. Guiteau (Stalwart) Chester A. Arthur Dates in Office: 1881-1885 Nickname: Prince Arthur Political Party: Republican (Stalwart) Major Events: Chinese Exclusion Act Pendleton Act Civil Service Reform ________________________________________ – required merit ( ___________________________) to receive Pendleton Civil Service Act government position eliminate the Jacksonian "spoils system" tradition _______________________; would essentially __________________________________________________________. affected only 10% of government jobs, but stopped the worst offenses Initially ______________________________________________________________________________________________. Mudslingin in ‘84 who did not agree with the nomination of James G. Blaine, and voted for Democrat Grover Cleveland. Mugwumps:Republicans _________________________________________________________________________________________________. Cleveland's illegitimate child Mudslinging reached its worst level yet, focusing on ____________________________________________. "Ma,Ma, where's my pa?" The popular Republican slogan: “________________________________________________” Democrats responded with the " Gone to the Whites House, ha ha ha!" After Cleveland’s win, __________________________________________________________________________” Grover Cleveland Benjamin Harrison Dates in Office: 1885-89, 1893-1897 Dates in Office: 1889-1893 Nickname: His Obstinancy, Grover the Good Nickname: The Front Porch Campaigner Political Party: Democrat Political Party: Republican Major Events: Major Events: Presidential Succession Act Sherman Anti-Trust Act Dedication of Statue of Liberty Sherman Silver Purchase Act American Federation of Labor is established McKinley Tariff Interstate Commerce Act Homestead Strike Dawes Severalty Act LEAVE ROOM!!! The Lone Democrat was the first democratic president since Buchanan Cleveland _________________________________________________________ (pre-Civil War) a laissez-faire capitalism mindset big business very happy Had a ____________________________________________, which made __________________________________________. the North-South gap by naming two former Confederates to his cabinet (jobs awarded by merit, as per the Pendleton Act) Bridged ___________________________________________________________________ Union war veterans who generally sided with Republicans The Grand Army of the Republic (________________________________________________________) pushed several bills through Congress that ________________________________________________________________________________. gave pensions to many veterans, though not always well-deserved. Many of these bills were vetoed by Cleveland. A Budgetary Anomaly Cleveland had an unusual problem – a budget surplus. Most extra money came in as a result of high tariffs even more unpopular with Republicans To get rid of the surplus, Cleveland cut taxes and asked for a reduction in the tariff. This made him __________________ with Republicans. Republican candidate Benjamin Harrison Cleveland would lose the upcoming election to ____________________________________________________________ (William Henry Harrison’s grandson). The Billion Dollar Congress reasserted their power in Congress Republicans ________________________________________________________ Became known as the “Billion Dollar Congress” – the _________________________________________________________. the first time Congress had doled out that much money. Pensions were given liberally to veterans ______________________________________________________ silver was purchased More __________________________________________. The McKinley Tariff hiked rates to 48% ...
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