ulysses s grant is a republican, elected president in 1868
TRANSCRIPT
ULYSSES S GRANT is a Republican, elected president in 1868
http://content.answers.com/main/content/wp/en/6/67/Ulysses_s_grant.jpg
15th AMENDMENT – states citizens cannot be stopped from voting based on race
Women were still not given the right to vote
President Grant did not chose his advisors well
He chose friends and family members to fill positions they were not qualified for
http://www.worldsdumbestman.com/worldsdumbestman/web/bits/blog/politicalCartoons/grantHoldingStuff.jpg
PANIC OF 1873 – some banks made bad loans and had to close
http://upload.wikimedia.org/wikipedia/commons/thumb/e/e8/Panic_of_1873_bank_run.jpg/300px-Panic_of_1873_bank_run.jpg
Let to ECONOMIC DEPRESSION – a time of low business activity and high unemployment
Lasted 5 years, many businesses fail and people lose jobs
1876 Election is very close
Tilden is Democrat
Hayes is the Republican
http://www.kiva.net/~jetorres/Hayes_Tilden.jpg
Election is so close that both sides declare they are the winner
Hayes is eventually named President as the result of a compromise
http://www.simonsays.com/assets/isbn/0743255526/C_0743255526.jpg
http://www.umw.edu/hisa/resources/Student%20Projects/Rachael%20Deane%20--%20Voting%20Machines/students.mwc.edu/_rdean8it/HIST200R/hayestilden50.jpg
http://www.rbhayes.org/hayes/content/images/Election_of_1876/donkey1.jpg
COMPROMISE OF 1877COMPROMISE OF 1877
•Federal troops are removed from the South
•Loans for Southern railroads
•Federal funds for reconstruction projects in the South
COMPROMISE OF 1877COMPROMISE OF 1877
•Hayes would appoint a Democrat to a cabinet position
•Democrats would respect the rights of African Americans
COMPROMISE OF 1877COMPROMISE OF 1877
•Hayes would appoint a Democrat to a cabinet position
•Democrats would respect the rights of African Americans