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18 Cards in this Set
- Front
- Back
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Ji Fisk and Jay Gould
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They had a plan in 1869 to corner the gold market. This worked with Grant but eventually failed when the Treasury started to sell gold
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what was one of the biggest RR corruptions?
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The Credit mobilier a company which hired itself for the construction of RRs for exorbitant
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In 1875 President Grant supported his statement of "let no guilty man escape"
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This is false President grant stood by his private secretary who had stolen millions of dollars from the Treasury.
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what secretary of war in 1876 pocketed 24,000 by selling junk to indians
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William Belknap
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what caused the formation of the Liberal Republican Party? who did it nominate?
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The disgust at corruption is what formed the Liberal Republican party which nominated Horace Greeley in 1872
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who became president in 1872
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Grant
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what act was passed in 1872 that removed political disabilities from all but 500 former confederates leaders.
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In 1872 the General amnesty Act was passed
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what were causes of the panic in 1873
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1) RR supply did not meet demand. 2) the failure of Jay Cooke& co. which was was headed by Cooke, a financier of the Civil war.
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What did the resumption act of 1875 do?
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it pledged the government to further withdrawl of greenbacks and made redemption of paper money in gold value starting in 1879.
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what act instructed the treasury to buy and coin 2-4million$ worth of gold each month. This acted caused the creation of the Greenback Labor party.
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1878 Bland-Allison Act
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How did Hayes become president over Tilden in 1876
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In 1876 the democrats said that they would give hayes the presidency if he ended reconstruction
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What is an example of tensions in labor at the RRs in 1877
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In 1877 the nations largest RR decreased wages by 10% causing a strike which Hayes broke down by sending in troops. More than 100 ppl died
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In what year did congress pass a bill limiting Chinese immigration? In what year was a bill passed that excluded the Chinese completely from the US
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The bill that reduced the influx of Chinese was passed in 1879. The Chinese Exclusion Act was passed in 1882
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when was James Garfield President? Who took over when he was murdered?
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Garfield was nominated in 1880 and was followed by Chester arthur
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This act established a merit system of awarding jobs based on aptitude. It was dedicated to Garfield was murdered by a crazy office seeker
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The Pendleton act of 1883
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In what year was Grover Cleveland nominated? What did he think about business? what caused him problems?
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Cleveland became president in 1884. He believed in laissez faire so businessmen loved him. Military pensions caused him many problems becuz of fraud/corruption
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In what year did the treasury have a surplus? How much was the surplus?
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In 1881 we had a surplus of 145 million
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who was president in 1890
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Harrison
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