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Politics and Reform. Clean-up Politics 1. Rutherford B. Hayes- condemned Spoils System 2. James Garfield a. Pendleton Act- government jobs given by means.

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Presentation on theme: "Politics and Reform. Clean-up Politics 1. Rutherford B. Hayes- condemned Spoils System 2. James Garfield a. Pendleton Act- government jobs given by means."— Presentation transcript:

1 Politics and Reform

2 Clean-up Politics 1. Rutherford B. Hayes- condemned Spoils System 2. James Garfield a. Pendleton Act- government jobs given by means of the merit system

3 Business Influence A. Grover Cleveland 1 st Democratic president in 28 years 1 st Democratic president in 28 years Only president to serve two nonconsecutive terms Only president to serve two nonconsecutive terms

4 Business Influence B. Benjamin Harrison: Republican 1. McKinley Tariff- raised tariffs to highest levels 2. Sherman Anti-Trust Act- to prevent monopolies by making it illegal to establish trusts

5 Populism Sought to advance in the interests of farmers and laborers Sought to advance in the interests of farmers and laborers

6 Populism A. Unrest: Prices dropping due to technology 1. Money Supply: a. Deflation- prices fall, value of $ increases b. Problem for farmers 2. “Crime of ’73”: Gold became the only metallic standard

7 Populism B. Recession of 1873- Farm prices fell, businesses failed i. Debt & unemployment

8 Populism C. Farmer’s Alliance (Texas 1877) 1. People’s Party or Populists a. Wanted free coinage of silver b. Sherman Silver Act

9 Panic of 1893 1. Crisis of U.S. Treasury a. Stock market crashed b. 15,000 businesses and 500 banks collapsed c. 1/5 unemployed

10 Election of 1896 1. Populists endorse William Jennings Bryan (Dem.) 2. Republican: William McKinley wins Populism collapses Populism collapses

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