from and agricultural to an increasingly industrialized and urbanized society brought about significant economic, political, diplomatic, social, environmental and cultural changes.
6.1 Industrialism in the Glided Age
Themes Politics Even as postCivil War America expanded and industrialized, political life in the Gilded Age was marked by ineptitude, stalemate, and corruption. Despite their similarity at the national level, the two parties competed fiercely for offices and spoils, while doling out pork-barrel benefits to veterans and other special interest groups.
The serious issues of monetary and agrarian reform, labor,
race, and economic fairness were largely swept under the rug by the political system, until revolting farmers and a major economic depression beginning in 1893 created a growing sense of crisis and demands for radical change. Corruption-Individual: Attempted to corner the Gold Market (6.3.IIA)
Jubille Jim Fiske Jay Gould
Corruption Local: Tweed Ring Tammany Hall, NYC Corruption Local: Tweed Ring Tammany Hall, NYC
William Marcy Tweed
Thomas Nast Thomas Nast: Under the Thumb Thomas Nast: Tammany Ring Thomas Nast: What are you going to do about it? Thomas Nast: Let us Prey Thomas Nast: The Brains Corruption National: Credit Mobilier Corruption National: Thomas Nast: Whiskey Ring Comparison of a $5 Demand Note (upper image) and an 1862 issue $5 United States Note (lower image). Note the removal of the words "On Demand" and of the phrase "Receivable in Payment of All Public Dues". Also note the Treasury Seal added to the United States Note. (6.3.IIA) Panic of 1873 Hard Money Soft Money Value of $ to Increase Value of the $ to Deflation not Inflation decrease Less money in Inflation not Deflation circulation More money in Had no desire to see circulation the $ that they loaned Rising prices of goods, repaid w/depreciated $ but cheaper to pay off loans/debts Gold Silver Pendleton Act 1883 Growth of Classified Civil Service (subject to competitive requirements) Presidential Election of 1884 (with electoral vote by state) Strikes Back Presidential Election of 1892 (showing vote by county)