Chapter 23 - Political Paralysis in the gilded Age, 1869-1896 Flashcards Preview

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Flashcards in Chapter 23 - Political Paralysis in the gilded Age, 1869-1896 Deck (55)
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1

Ulysses S. Grant

18th President, former Union General, was closely responsible for victory over the Confederates in the Civil War.

2

Ohio Idea

The Ohio idea was an idea by poor Midwesterners during the US presidential election of 1868 to redeem federal war bonds in United States dollars, also known as greenbacks, rather than gold.

3

Horatio Seymour

He was the Democratic Party nominee for president of the United States in the presidential election of 1868, but lost the election to Republican and former Union General of the Army Ulysses S. Grant

4

Bloody Shirt

In the American election campaigns in the 19th century, "waving the bloody shirt" was a phrase used to ridicule opposing politicians who made emotional calls to avenge the blood of political martyrs.

5

Jim Fisk

known variously as "Big Jim", "Diamond Jim", and "Jubilee Jim" – was an American stockbroker and corporate executive who has been referred to as one of the "robber barons" of the Gilded Age.

6

Jay Gould

was a leading American railroad developer and speculator. He has been referred to as one of the ruthless robber barons of the Gilded Age, whose success at business made him one of the richest men of his era.

7

Black Friday

Sept 24, 1869 the result of the Fisk and Gould scandal, the collapse of the market.

8

Boss Tweed

employed bribery, graft, and fraudulent elections to milk New York of as much as $200 million. He then went to prison.

9

Graft

The corrupt acquisition of funds, through outright theft or embezzling or through questionably legal methods like kickback or insider trading

10

Thomas Nast

He was the scourge of Democratic Representative "Boss" Tweed and the Tammany Hall Democratic party political machine.

11

Samuel J. Tilden

the Democratic candidate for the U.S. Presidency in the disputed election of 1876, winning a popular vote majority, but ultimately being denied victory by the electoral college.

12

Credit Mobilier

Major stockholders in the Union Pacific Railroad formed a company, and gave it contracts to build the railroad.

13

Whiskey Ring

a scandal, exposed in 1875, involving diversion of tax revenues in a conspiracy among government agents, politicians, whiskey distillers, and distributors

14

William Belknap

accused of indirectly selling weapons to France while the United States was ostensibly neutral during the Franco-Prussian War, and accepting illegal payments, known as kickbacks, in exchange for making a tradership appointment.

15

Liberal Republicans

Republicans that wanted to put an end to corruption.

16

Horace Greeley

Liberal Republican presidential nominee in 1872.

17

Panic of 1873

Economic depression that happened in 1873 caused by an overexpansion of enterprises that were unable to pay off loans.

18

Greenbacks

People that wanted to increase the amount of printed money in the united states in order to escape the financial crisis.

19

Hard-money

People who thought that having coins was the best way to escape the recession because they kept their worth.

20

Crime of '73

Congress drove production of silver up and the prices down causing western silver miners to coin the phrase.

21

Contraction

A decrease of money being produced during the recession that worsened the economic depression but increased the government's credit.

22

Soft-money

An unregulated way of giving money to political parties.

23

Bland-Allison Act

Act that was made by congress to put a certain amount of silver into circulation.

24

Gilded Age

Sarcastic name given to the era after the civil war

25

Grand Army of the Republic

a politically potent fraternal organization that was comprised of union veterans.

26

Stalwarts

Groups that swapped civil service jobs for votes

27

Roscoe Conkling

Leader of the stalwarts faction

28

Half-Breeds

Faction that fought with the stalwarts and dabbled in civil service reform.

29

James G. Blaine

Leader of the Half-Breeds faction

30

Rutherford B. Hayes

Dubbed “The Great Unknown,” he was a compromise presidential candidate from Ohio in order to take the swing votes from the electorally powerful state. He was chosen as the winner of the Hayes-Tilden Dispute in 1878 where the Senate counted the Republican votes from Louisiana, South Carolina, and Florida.

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