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Flashcards in APUSH Quiz Gilded Age Deck (46):
1

What does waving the bloody shirt mean?

Using Civil War memories to gain support for presidents

2

Who did the Republicans nominate by waving the bloody shirt?

Ulysesses S Grant who had no political experience

3

Why were the Democrats disorganized?

only denounce military Reconstruction and couldnt agree on anything else

4

Who won the election of 1868?

Grant because they waved the bloody shirt and used his popularitty to elect him

5

Who was the democrat candidate for the election of 1868?

Horatio Seymour
didnt accept a redemptin of greenbacks for maxium value platform and thus doomed his party

6

What happened during the era of good stealings?

population mushroomed due to incoming immigration
politics became very corrupt

7

How was politics becoming corrupt?

Railroad promoters cheated gullible customer
Stock market investors were a cancer in the public eye
Too many judges nd legislators put their power up for hire

8

What were the two notorious millionaires

Jim Fisk
Jay Gould

9

What was Jim Fisk and Jay Gould plan?

1869
they wanted to corner the gold market that would only work if the treasury stopped selling gold
They worked through President Grant and his brother in law
their plan failed when the treasurey sold gold

10

What was the Tweed Ring?

employed bribery, graft, and fake elections to cheat the city out of 200 million $

11

What was another name for Tweed Ring?

Tammany Hall

12

Who led Tweed Ring?

William Tweed

13

How was Tweed caught?

New York Times secured evidence on his misdeeds, and even though he was defended by Tilden, he was imprisioned

14

Who was a political crtoonist who constantly drew against Tammany's corruption?

Thomas Nast

15

What did Grant fail to see?

Corruption
his friends wanted offices
cabinet was corrupt (except secretary of state Henry Fish)
and his in laws (Dents) were terrible

16

What was the name of the railroad company that paid itself huge sums of money for small construction?

Credit Mobilier

17

What happened to the Credit Mobilier?

NY newspaper company busted it
2 members of Congress were censored (the company gave some stock to the congressmen)
VP was shown to have taken 20 shares of stock

18

In 1875, who robbed the treasury of millions of dollar?

Wiskey Ring

19

When Grant's own private secretary was shown to be one of the criminals, what statement did Grant retract?

Let no guilty man escape

20

Who was shown to have pocketed some $24,000 by selling junk to indians?

Secretary of War William Belknap

21

By 1872, a power wave of what was building?

disgust at Grant's administration building despite the worst of scandels not being revealed yet

22

What did reformers organize during the wave of disgust townrds Grant's admnistraion building?

Liberal Republican Party
Nominated Horace Greeley

23

Who also supported Greeley even though he had blasted him in his newspaper (the NY Tribune)?

Democratic

24

How did Greeley please the Democrats?

he called for a clasping of hands between the north and the south and an end to reconstruction

25

What was Greeley called?

atheist
commuist
vegitarian
signer of Jefferson's Davis Bill bond (that was true)

26

What was grant called?

ignormanus

drunkard
swindler

27

Who won the electoral and popular vote between Greeley and Grant?

Grant

28

What did the republican congress pass in 1872 that removed political disabilities from all by some 500 former Confederate leaders?

amnesty act

29

What caused the Panic of 1873?

too many railroads and factories being formed than existing markets could bear and the over loaning by banks to those projcts

30

What causes were the same for the Panic of 1873 as the other recessions every 20 years?

Overspecualtion
Too easy credit

31

What event started the Panic of 1873?

failure of NY banking firm Jay Cooke and Company, which was headed by the rich Jay Cooke, a financier of the Civil War

32

During the panic, why did people want greenbcks to be printed again?

cheap money supporters
create inflation

33

What was the Resumption Act of 1875?

supporters of hard money (gold and silver) persuaded grant to veto a bill that would print more paper money and it pledged the government to further withdraw greenbacks and made all further redemption of paper money in gold at face value starting in 1879

34

What did grant refuse to do?

coin more silver dollars which had been stopped in 1873
Debators cried that silver was undervalued (called for inflation)

35

What shot the price of silver down?

new silver discoveries in the later 1870s

36

What was Grant's name fused to?

money, not government

37

As greenbacks regained value, Did many greenback holders exchange their more convient bills for gold when Redemption day came in 1879?

No, only few

38

What Act instructed the Treasury to buy and coin between 2-4 million $ worth of silver bulion each month?

Bland Allison Act 1878

39

What was the effect of Bland Allision Act?

the minimum was actually coined
was minimal on creating cheap money

40

What helped spawn the Greenback Lablr Party in 1878?

The republican hard money policy
election of a democratic house of representatives in 1874

41

Who coined the term Gilded Age?

Mark Twain

42

What does the Gilded Age mean?

hinted that times looked good, yet if one scratched a bit below the surfface, there were problems. Times were filled with corruption ad presidental squeakers, and even though democrats and republicans had similar ideas on economic issues, there were fundimental issues

43

What were the Republicans more like?

traced lineage to puritans
had strong votes in the north and west and Grand Army of the Republic (GAR)

44

What is the Grand Army of the Republic?

organization made up of former union vets

45

What were the Democrats more like?

Lutherans and Roman Catholics
strong support of south

46

In the 1870s and 1880s, Republican infighting was led by which two rivals who bickered and deadlocked their party?

Roscoe Conkling (stalwarts)
James Blaine (Half Breeds)