The Gilded Age was the period of Reconstruction after the Civil War. During this time period, the recently separated North and South were piecing back together as one united nation. After being enemies for so long reuniting as a whole seemed easier than perceived to be, and required strong leadership to aide in the process. Unfortunately, many historians believe that this Reconstruction period did not experience the luxury of having these elite rulers. Chester Arthur, Grover Cleveland, and Benjamin Harrison deserve their historic reputation as they failed to maintain control of the country, and lacked authority when making decisions. However Rutherford B. Hayes and James Garfield do not deserve the historic reputation of a weak president as they succeeded in financially improving the country and continually making the right decision for the people and the nation. The first president of the Gilded Age was Rutherford B. Hayes. After the controversial election of 1876, Republicans and Democrats had some issues that needed to be resolved. The Compromise of 1877 was a secret agreement between Republican congressional leaders and Democratic congressional leaders. The agreement stated that Hayes would be the official winner of the 1876 election in exchange that the Republicans would withdraw troops from the South, thus ensuring all citizens their political and civil rights, and appoint a Democrat to the president’s cabinet (Hamilton). The 1877 Compromise was officially enacted one day before Hayes’ inauguration, leaving him little time to prepare for Presidency. This agreement also ended the dispute between Democrats and Republicans for a while, removing an additional issue for Hayes to deal with while in office. Hayes was a strong b... ... middle of paper ... ...ut his presidency. As the economy was still unstable from the long-term effects of the Civil War, Garfield came up with a plan to help solve this issue. Garfield sent Secretary of the Treasury Windom and Attorney General MacVeagh down to Wall Street. Their mission was to talk to the Wall Street bankers and brokers and come up with a new plan to redeem 5 and 6 percent government bonds that were mostly used to finance the debt from the Civil War, in favor of the new 3½ percent bonds (Rutkow 72). As Garfield wrote in his diary, “It would be a very brilliant feat of financiering,” (Rutkow 73). Wall Street bankers agreed with this plan and came up with a new way to cash in the old bonds and replace them with new ones. With this method, Garfield and his administration reduced interest on the public debt by over 40 percent, saving the US Treasury more than $10 million.
The Gilded Age was known as the Second Industrial Revolution because there was change in the economy, politics, and society. Most of the change was occurring because of the growth of large companies. The in the 1900s up to the 1920s, the companies started to decrease in power but not all since Henry Ford was being successful because of his automobile company that allowed the people to move more, and think differently depending on their sexuality. Even though Ford was successful, the businesses still didn’t run the people anymore, the people started to control the government more.
After the Civil War ended in 1865, it was followed by an era known as Reconstruction that lasted until 1877, with the goal to rebuild the nation. Lincoln was the president at the beginning of this era, until his assassination caused his vice president, Andrew Johnson to take his place in 1865. Johnson was faced with numerous issues such as the reunification of the union and the unknown status of the ex-slaves, while compromising between the principles of the Republican Party and the Democratic Party. After the Election of 1868, Ulysses S. Grant, a former war hero with no political experience, became the nation’s new president, but was involved in numerous acts of corruption. Reconstruction successfully reintegrated the southern states into the Union through Lincoln and Johnson’s Reconstruction Plans, but was mostly a failure due to the continued discriminatory policies against African Americans, such as the Black Codes, Jim Crow laws, and sharecropping, as well as the widespread corruption of the elite in the North and the Panic of 1873,
“The United States emerged from a virulent, intense, and inhumane civil war and evolved into a new nation during this period. This transition was the culmination of political, economic, social, and cultural movements which transformed the nation. E Pluribus Unum - out of many United States, one nation; the United States was forged in the cauldron of these revolutions." -Arnold Toynbee, A Study of History
Because the economy was unstable, Franklin Roosevelt imposed many programs to boost the economy, both helping and hindering American citizens through banking and financial reforms with government regulation. After declaring the “bank holiday,” Roosevelt created the Federal Deposit Insurance Corporation (FDIC) in order to put confidence back in the citizens and their ability to trust banks to keep their money. By also separating commercial banks from investment banks, the government was trying to keep the flow of money uniform. This idea is radical in form because of the new government imposed restrictions, and conservatives may argue this movement shows signs of socialism. Many people saw the implications of free enterprise disappearing; Herbert Hoover specifically mentions in his Anti-New Deal Campaign speech that he proposes to “amend the tax laws so as not to defeat free men and free enterprise.”
The exact period of time in which the Gilded Age occurred is ever-debatable, but most historians can at least agree that it started within the 20 years after the Civil War ended and lasted until the early 1920s. (West) The Gilded Age itself was characterized by the beginnings of corporations and corrupt political machines. Policies such as the General Incorporation Laws allowed business to grow larger more easily, and with less red tape involved. New technology allowed faster and more efficient production, but this explosive growth of industry called for not only more resources, but new business practices and leaders as well. (Moritz 10-12)
The Gilded age and the Progressive Era are time periods that played an important role in the development of the American society. The Gilded Age is a period of American history between 1870 and 1900. This term was coined by Mark Twain in the late 1800s. By this, he meant that this period was glittering on the surface but corrupt underneath ("Learn About the Gilded Age"). The Gilded Age is well known for its political scandals and extravagant displays of wealth. At the same time, this was an era of major achievements in the industry and economy, which significantly changed life of American people. The Gilded Age was followed by the Progressive Era which lasted from the 1890s to the 1920s. Progressive Era is well known for its economical, political, social reforms and technological inventions. In my opinion, The Gilded Age had a more significant impact upon the United States than the Progressive Era because it gave rise to new industries, created transportation and communication networks which provided the infrastructure for further development of technology in the Progressive Era.
The Gilded Age was the last three decades of the nineteenth century, when America’s industrial economy exploded generating opportunities for individuals but also left many workers struggling for survival. With the many immigrants, skilled and unskilled, coming to America the labor system is becoming flooded with new employees. During this period, the immigrants, including the Italians, were unskilled and the skilled workers were usually American-born. There was also a divide in the workers and the robber barons. Robber barons were American capitalist who acquired great fortunes in the last nineteenth century, usually ruthlessly. There was much turmoil throughout the business and labor community. Two major organizations, the Knights of Labor and the American Federation of Labor, helped represent the workers in this time of chaos. The Knights of Labor, founded in 1869, were representing both skilled and unskilled workers. They were quite popular with a large boost in membership becoming the biggest union in 1885. They sought for equal pay and equal work. All were welcomed to the Knights of Labor; there was no discrimination on race, gender, or sex. They called for an eight-hour day in order to reduce fatigue and for safety issues. The Knights of Labor Declaration of Principles states their purpose is to “make industrial and moral worth, not wealth” (Reading 9, p. 1). This means the moral worth is to what they could contribute to society rather than monetary gains. They were working towards this improvement of the common mans life to advance in civilization and create new ideas for society. They also called upon the employer to treat the employee with respect and fairness so they can contribute to not only their company but to Amer...
The Gilded Age gets its name from a book by Mark Twain called The Gilded Age: a Tale of Today. It was written in 1873, and unfortunately was not that successful. While the Gilded Age conjures up visions of ostentatious displays of wealth and decorative parties, the over all topic was politics. The book gives an extremely negative assessment of the state of American democracy at that time. Which does not come as a huge surprise coming from Twain, who famously said "It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.” So when faced with sweeping changes in the American economy after the Civil War, the American political system both nationally and locally dealt with these problems in the best way possible, by inevitably and incredibly becoming corrupt.
The "Roaring Twenties" were a turbulent time in American history. The United States had just returned from the carnage of World War I and was ready to revolutionize their ideas, morals, and most importantly, their presidents. The presidential election of 1920 was a particularly integral election due to the introduction of the right of women to vote and America's social & political unrest. Warren G. Harding, a Republican, defeated Democrat James M. Cox, on a platform that urged Americans to "return to normalcy". Normalcy was a play on words of normality by Harding, which meant to conform to the norm. But the question that stood on many historians was: Why did Americans actually vote to "return to normalcy"? The simple answer was that the nation was ready to recover from their wartime anxiety and wanted a country without financial or political stress and Harding was the president that promised that to them.
Expansive growth was the moniker which expressly defined the Gilded Age. Industry in all sectors, witnessed massive growth leading to the creation of an American economy. Due to the rapidly changing nature of industrialization important men of both the public and private sectors attempted to institute their own controls over it. However this transforming landscape integrated both economic and political changes, but also cultural and social interactions. In turn, those who controlled the flow of business would also steadily impact the American social scene by extension. Alan Trachtenberg, professor of American studies at Yale and author of The Incorporation of America, argues that the system of incorporation unhinged the idea of national identity that all American’s had previously shared. As a result incorporation became the catalyst for the great debate about what it meant to actually be American, and who was capable of labeling themselves as such. Throughout his work Trachtenberg consistently tackles the ideas of cultural identity and how those ideas struggled against one another to be the supreme definition of Americanism. This work not only brings to life the issue of identity but it attempts to synthesize various scholarly works into a cohesive work on the Gilded Age and demonstrates that concepts developed during the incorporation of the time period have formed the basis for the American cultural, economic, and political superstructure. The Incorporation of America sets a high standard for itself one in which it doesn’t necessarily meet; however the work is still expansive and masterful at describing the arguments of the Gilded Age.
From the period between the 1870’s through the 1890’s, it became an era known as the Gilded Age. The term was characterized by a famous American Literature author named Mark Twain. The writer tried to point out that the term means that while on the outside society may seem perfect and in order, underneath there is poverty, crime, corruption, and many other issues between American society’s rich and poor. This era’s gild is thicker than the cheaper material it’s covering. This can be shown through the countless numbers of achievements and advances America has made during the period of reconstruction and expansion, industrialization, and foreign affairs.
To begin the process of removing debt, Andrew Jackson blocked every bill to spend money (“npr.org”). After that, he began selling all of the land in the west because, there was a large demand as the country was expanding (“waltercoffey.com”). After Andrew Jackson was able to remove the debt, he said, “Let us commemorate the payment of the public debt as an event that gives us increased power as a nation and reflects luster on our Federal Union. (Encyclopedia of Presidents)” However, this perpetual bliss could not last forever.
“Those who do not remember the past are condemned to repeat it” according to the famous quote credited to Spanish philosopher George Santayana. Through the practice of evaluating a society, the lessons of history allow us to study humanities evolution and how that influences the culture, economy, and political spheres of society. However does the study of our history lead to change or are circumstances merely reproduced and molded to fit the context of the day. One United States time period that is thought to be repeating itself today is the Gilded Age of 1865 – 1900 which while a period of swift economic growth was also steeped in social conflict. Mark Twain satirically named the period
Because the economy was doing so well during the “Roaring 20s”, there wasn’t much of a dispute over this type of leadership. While President Hoover kept that same mindset in his approach to economic recovery, his successor President Franklin Delano Roosevelt took a completely different and pragmatic approach, willing to think outside of what was accepted at the time. President Hoover continually reminded Americans that things would get better if they kept working hard and pushed through. “Franklin D. Roosevelt introduced programs between 1933 and 1938, designed to help America pull out of the Great Depression by addressing high rates of unemployment and poverty. An array of services, regulations, and subsidies were introduced by FDR and Congress, including widespread work creation programs.
The Compromise of 1877 was brought on by the disputed election of 1876. The Democrats had clearly won, but this was disputed by a few large states. This election was between Democrat Samuel J. Tilden and Republican Rutherford B. Hayes. Congress created a commission to try and resolve this dispute and the commission voted in favor of Hays giving him all of the electoral votes from the disputed states, which in turn gave Hayes the victory. This led to a series of compromises from the Republicans to the Southern Democrats which included: “The appointment of at least one southerner to the Hayes cabinet, control of federal patronage in their areas, generous internal improvements, federal aid for the Texas and Pacific Railroad, and most important, withdrawal of the remaining federal troops from the South” (Brinkley 363).