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Unit 5 Part 8
THE GRANT
ADMINISTRATION
The Election of 1868
The Republican strategy is simple Wave the Bloody Shirt!
They run war hero Ulysses S. Grant.
Low popular vote - won due to
black vote
Grant presided over an era of
unprecedented corruption.
Credit Mobilier Scandal
Whiskey Ring
The Indian Ring
SCANDAL
Credit Mobilier Scandal Grant administration
members gave favorable land deals to railroads in
exchange for kickbacks.
Whiskey Ring involved diversion of tax revenue
between government agents, politicians and
whiskey distillers.
The Indian Ring Secretary of War accepted
bribes to open native land to traders against the
will of Congress and the Reservation System
EACH OF THESE WEAKENED AMERICAN TRUST IN
Grant attempts to combat the causes of the panic and ends up causing more
misery
1875 - Specie Redemption Act
Removes uncirculated greenbacks from circulation and moves the United States back on the gold
standard. (hurts farmers and debtors, raises the money question for the first time.
1876 - Greenback party formed and makes gains in Congress at the expense of Republicans - The
Crime of 73
THE DEATH OF
RECONSTRUCTION
Northern support for reconstructions falls.
Disheartened by the Grant administrations corruption.
Panic of 1873 - Leads to a six year depression
Concerns are focusing on westward expansion and Indian Wars.
Key Monetary issues
Should the government retire unbacked paper money?
Should war bonds be paid back in specie or greenbacks?
CONT.
The Civil Rights Act of 1875
Made it a crime for any individual to deny full and equal use of public conveyances and places.
Prohibited discrimination in jury selection.
BLACK ADJUSTMENT
Subjugation in the New South
Legal codes of segregation appear - Jim Crow
laws
Blacks were also disenfranchised through
voter-registration laws, literacy tests, poll
taxes and grandfather clauses.
The Souths policy of segregation is validated
by Plessy v. Ferguson
Separate but Equal doctrine - separate, but equal
facilities are constitutional.
Economic Subjugation
Blacks are forced into sharecropping/tenant farming and
are soon unable to escape crushing debt.
RECONSTRUCTION
SUCCESS? OR FAILURE?
The traditional view has been of failure
The Tragic Era