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PERIOD OF CORRUPTION THE GILDED AGE. GILDED AGE MARK TWAIN HELPED TO COIN THE TERM “GILDED AGE” TO DESCRIBE A PERIOD IN AMERICAN HISTORY FROM 1865 – 1900.

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Presentation on theme: "PERIOD OF CORRUPTION THE GILDED AGE. GILDED AGE MARK TWAIN HELPED TO COIN THE TERM “GILDED AGE” TO DESCRIBE A PERIOD IN AMERICAN HISTORY FROM 1865 – 1900."— Presentation transcript:

1 PERIOD OF CORRUPTION THE GILDED AGE

2 GILDED AGE MARK TWAIN HELPED TO COIN THE TERM “GILDED AGE” TO DESCRIBE A PERIOD IN AMERICAN HISTORY FROM 1865 – 1900. ON THE SURFACE EVERYTHING LOOKED FINE BUT UNDERNEATH THE SURFACE, CORRUPTION AND GREED DOMINATED POLITICS AND BUSINESS.

3 POLITICAL CORRUPTION WHISKEY RING CREDIT MOBILIER SCANDAL BUREAU OF INDIAN AFFAIRS TWEED RING

4 WHISKEY RING EVERY DISTILLERY OWNER WAS REQUIRED TO PAY FEDERAL TAX ON BARRELS OF WHISKEY GOVERNMENT OFFICIALS ASSIGNED TO ASSESS THE TAXES DUE OFFERED A DEAL THE OFFICIAL CUT THE NUMBER OF BARRELS IN HALF AND RECEIVED A BRIBE/KICKBACK

5 CREDIT MOBILIER SCANDAL UNION PACIFIC RR MADE A DEAL WITH THE U.S. GOVERNMENT TO BUILD A NEW RR EXECUTIVES AT UNION PACIFIC DECIDED TO CHEAT THE GOVERNMENT AND CHARGE MORE THEY CREATED A FAKE CONSTRUCTION COMPANY CALLED THE CREDIT MOBILIER CO.

6 CREDIT MOBILIER SCANDAL CONT. THE UNION PACIFIC SOLD SHARES OF STOCK IN THE FAKE COMPANY THEN THEY GAVE SHARES OF STOCK TO SENATORS AND CONGRESSMEN WHEN THE NEW RR WAS COMPLETED THEY SUBMITTED A BILL THAT WAS MORE THAN THE ORIGINAL AGREED UPON COST THEY STATED THAT THEY HAD HIRED THE CREDIT MOBILIER CO. TO BUILD IT.

7 BUREAU OF INDIAN AFFAIRS CONGRESS APPOINTED PEOPLE TO OVERSEE THE ADMINISTRATION OF RESERVATIONS THEY WERE SUPPOSED TO TAKE TAX MONEY AND PROVIDE FOOD, CLOTHING, TOOLS, SEED, AND BLANKETS TO THE INDIANS THEY GAVE THE INDIANS ROTTEN MEAT, BLANKETS WITH HOLES, AND BROKEN TOOLS

8 TWEED RING WILLIAM MARCY TWEED WAS A POLITICAL BOSS IN NEW YORK IN TAMMANY HALL HE CONTROLLED ALL OF THE ELECTIONS IN THE CITY HE HELPED IMMIGRANTS AND REGISTERED THEM TO VOTE FOR HIS CANDIDATES WHEN HIS CANDIDATES WON THEY GAVE HIS COMPANIES LUCRATIVE CITY CONTRACTS

9 CRIME OF ‘73 “CHEAP” MONEY ADVOCATES WHO WANTED MORE MONEY IN CIRCULATION WANTED PAPER MONEY BACKED UP BY SILVER AS WELL AS GOLD “HARD” MONEY SUPPORTERS WANTED LESS PAPER MONEY IN CURCULATION CONGRESS VOTED TO STOP BUYING SILVER TO BACK UP MONEY IN 1873 “CHEAP” MONEY PEOPLE SAID THIS WAS A CRIME!!!!


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