Ulysses S. Grant's Presidency During The Gilded Age

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The Gilded age spanned from the 1870s to about 1900. Six presidents were elected during that time period. Ulysses S. Grant, Rutherford B. Hayes, James A. Garfield, Chester A. Arthur, Grover Cleveland, and Benjamin Harrison. Ulysses S. Grant was the first of the presidents elected during the Gilded Age, he was elected in 1869 and his presidency spanned to 1877. On September 24, 1869 the “Black Friday” panic happens in New York City when two gold entrepreneurs and Grant’s brother-in-law try to take control of the gold market. Grant finally orders a large sale of god ruining their plans to take over the market, but it effected the market greatly, stocks crashed, brokerages went bankrupt, and prices for agricultural good dropped severely. He received a lot of criticism for that and many people were strongly affected by this. …show more content…

During his presidency three states, Virginia, Mississippi, and Texas, were readmitted to the Union after they completed their reconstruction. With Grant’s help the Fifteenth Amendment is adopted and states that the “right of citizens of the United States to vote shall not be denied or abridged by the United States or by any state on account of race, color, or previous condition of servitude." The Panic of 1873, after the Civil War was over the in railroad construction an economic panic spread across nation. After the crash of that banking firm many other firms also crashed, sending eighty nine of the countries three-hundred and sixty four railroads into bankruptcy. Grant tried to find a solution that would fix this problem but by the time he left office the problem was still there. In 1877 he left office and in 1885 he died do to throat cancer shortly after finishing his

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