From Crisis to Empire American History: Chapter 19 Review Video

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From Crisis to Empire American History: Chapter 19 Review Video

The Politics of Equilibrium Big Ideas during the late 19 th century: High voter turnout Control of Congress switched between parties frequently Republicans – northern Protestants, middle class, high tariffs Democrats – Catholics, immigrants, poorer workers, low tariffs How did the government support economic development? Subsidies to Railroads Military to end work stoppages Key terms to know: Stalwarts – Republicans that favored patronage Roscoe Conkling “Half-Breeds” – favored reform in government James Blaine

The Politics of Equilibrium Cont. James A. Garfield 20 th president; killed by a Stalwart Chester A. Arthur – Pendleton Act (1883) – Civil Service Exam Election of 1884: Cleveland v. Blaine Dirty campaigning – “Ma, ma, where’s my pa? Cleveland wins – laissez-faire president Tariff issue separated Republicans and Democrats Sherman Antitrust Act (1890) More symbolic than anything else Purpose was to break up trusts ***In actuality it was used to break up unions***

The Politics of Equilibrium Cont. McKinley Tariff (1890) – he was a Republican Republicans wanted to RAISE tariff rates Munn v. Illinois: (1877) State governments can regulate industries when in best interest of public Wabash Case: (1886) Yet again, states cannot regulate interstate commerce (overturned Munn decision) Interstate Commerce Act: Created ICC Outlawed higher rates on short hauls than long hauls RRs must publish their rates

The Agrarian Revolt The Grange: Provided social and economic opportunities for FARMERS Sought to end monopolies in RR, wanted government ownership of businesses Populist Party Absorbed some ideas from farmers Omaha Platform (written by Ignatius Donnelly) Free and unlimited coinage of silver at ratio of 16:1 A graduated income-tax (redistribute wealth) Gov’t ownership of the telephone and telegraph, and railroads. Initiative, referendum and recall Postal savings banks (safe repository run by gov’t) Limiting gov’t land grants to settlers rather than railroads Direct election of senators

The Crisis of the 1890s Panic of 1893 Causes: Who would have guessed it, overspeculation Stock-market crash, Overproduction Results: Gov’t repeals Sherman Silver Act Coxey’s Army: Advocated a public works program Marched a group of unemployed individuals to Washington Broken up by police Free Silver: Having silver back the value of the dollar at a ratio of 16:1 Would favor famers and debtors – easier to pay off debt

A Cross of Gold William Jennings Bryan Won Democratic nomination in 1896; great orator Challenged McKinley Cross of Gold (Like Henry Clay, he ran for President three times and lost!) "We will answer their demands for a gold standard by saying to them: ‘You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.” Election of 1896: First “modern” campaign” Bryan advocated lowering the tariff (Democrats want the tariff to go DOWN!)

How and why did the federal government attempt to regulate interstate commerce in the late nineteenth century? Public pressure- states tried to regulate RR & trusts and SC ruled unconstitutional Sherman Antitrust Act attempt by congress to appease country; had little impact McKinley Tariff highest protective tariff every; didn’t really prevent monopolies and angered public Interstate Commerce Act-1887-banned discrimination in rates between long and short hauls, required that RR publish their rate schedules and file them with the gov’t Due to pressure by the American people to regulate corrupt businesses and monopolies congress passed several acts that limited particular industries, however these acts had little practical effect.

What efforts did farmers undertake to deal with the economic problems they faced in the late nineteenth century? Grangers-organized to promote new techniques, became political in 1870s The Grange-elected politicians that would fight monopolistic RR and warehouse until economy improved Farmer’s Alliance-started in South and NW, addressed local issues with large corporations and argued for a society based on cooperation not competition. Populist Party-attracted small farmers facing extinction in the face of mechanized, diversified, and consolidated commercial agriculture.

What was the “silver question”? Why was it so important to so many Americans? How did the major political parties deal with this question? Financial panic weakened gov’t supply of $-Pres.Cleveland blamed instability of currency Farmers and silver miners wanted “free silver”- gov’t to use silver for currency again to inflate the money supply Pres.Cleveland wanted gold which led to Dem. Party split where S. and W. went against him and the eastern dem. Party. Gold standard=essential to the honor and stability of the nation “free silver”=gold is tyranny; silver=people’s money; silver would decrease debt