1. Republicans Regain Power

2. Popular Vote vs. Electoral Vote Popular Vote: made by the qualified voters Electoral Vote: made by the electoral college (people chosen by the voters in each state to elect the President/Vice President Benjamin Harrison: Republican. Running against Democrat Grover Cleveland in 1888 presidential campaign. The votes were really close between the two men. Harrison lost the popular vote, but won the electoral vote with New York and Indiana.

3.  Republicans: Wanted to keep the tariffs because they received donations from industrialists who benefitted from the protection of tariffs.  Democrats: didn’t like the tariffs because they received donations from industrialists. Election of 1888  The Republicans won.  Gained control of Congress  McKinley Tariff: major piece of legislation that cut tobacco/sugar rates and increased everything else.

4. Election of 1888 (Con.) Results of the McKinley Tariff: lowered federal revenue and brought the nation’s surplus in budget to a deficit in budget.

5. Sherman Act of 1890 It was meant to try to prevent monopolies among businesses. The judges saw nothing in it to make the large companies to change the way they made money and did business because it was so vague. It didn’t work, and trusts and combinations were formed quickly among businesses.