The Grant Administration: The Black Friday Scandal

Words: 176

Pages: 1

The Grant administration consisted of a scandalous term filled with corruption. Born in 1822 Pres. Grant was educated in an infantry background. Upon beginning his presidency, the Republican president appointed notable cabinet members with exceptional qualities. President Grant is known for his tyrannous and sporadic behavior. Pres. Grant was allegedly involved in multiple scandals throughout his presidential term. Allegedly Grant was involved in multiple corruption-related scandals, that could it could jeopardize his presidency. A scandal that Grant was involved in at the time was known as the Black Friday Scandal. A scandal that involved investments and bribery of treasury gold and agriculture. Ultimately this scandal leads to market issues

Show More

Who Is Ulysses Grant's Administration Accomplishments

Ulysses Grant was born in Ohio and graduated from West point where he became a skilled horseman but was an otherwise undistinguished student. He eventually joined and fought in the Mexican-American War where he worked at a series of remote army posts but resigned since he wanted to be reunited with his family. This resignation created a spiral of unsuccessful ventures in his life when he tried becoming a farmer and a real estate agent but ended up deciding to move to work in his father’s leather…

Words 766 - Pages 4

Ulysses S. Grant Characteristics

Ulysses S. Grant was a couragous war general and respected president, therefore that maked him a well rounded leader. He fought in many battles of the civil war and was elected to be president for two terms. Those factors come to support that claim that he was a well rounded leader. Slowly, Grant showed his qualites of an amazing commander for the military. He fought hard, was quick to think , and came up with stratagies ( World Book G 304). In of February 1862, while serving under General…

Words 1450 - Pages 6

Essay Apush 24

1. Jim Fisk- worked with jay Gould - wanted to corner the US gold market and convince the treasury not to release gold so they could have control over the gold market - almost worked- showed corruption of grant presidency - lead to black Friday 2. Jay Gould- an American financier that was partnered with James Fisk in tampering with the railroad stocks for personal profit He, like other railroad kings, controlled the lives of the people more than the president did and pushed the way to cooperation…

Words 967 - Pages 4

Apush 2 Summary

Russia and France. Corruption, which originated due to Ulysses Grant (good soldier bad politician). The “Bloody Shirt” Elects Grant “Good general would make good president” Grant = most popular northern hero from war. Citizens from Philly, Washington, and hometown (Illinois) presented him with a house. NY gave him $105,000. One presidential vote was democratic & very narrow cultural background. Republicans nominated Grant for the presidency Grant’s letter of acceptance: “Let us have peace”…

Words 1829 - Pages 8

Essay on Gilded Age

u-s-history.com/pages/h872.html Major Issues in the Gilded Age 1. Currency: Specie Resumption Act Acts, Bills, and Laws, 1875 The Specie Resumption Act was a triumph for the "hard money" forces over the "soft money" advocates during the second Grant administration. The United States government had issued $450 million in greenbacks during the Civil War. These paper notes were not backed by specie (gold or silver) and maintained value only through trust in the government. After the war the debtor elements…

Words 6122 - Pages 25