Reconstruction, what happened you were doing so well. Let’s find out what went wrong. The year of 1876 was a pretty crazy year. That year’s election was actually not decided by the voters, they candidates made a deal where Rutherford B. Hayes would get the presidency, but he would remove the troops in the South helping with Reconstruction. This year is also definitely in the running for most ironic year. This was the 100 anniversary of the Declaration of Independence, but that year also crushed the dreams of African Americans into the ground. So who really killed Reconstruction? The North killed because of the Panic of 1873, the government fraud, and the racism. Reconstruction was help from the North getting the South back on its feet. 1876 …show more content…
The Panic of 1873 was the widespread fear of the United States going into a depression and and the economy will fall. In The Americans by Douglas Littell, it states “...many Northern voters shifted their attention to such national concerns as the Panic of 1873” (Littell 515). The Panic of 1873 caused the majority of the North to focus on the national issue at hand. Also in Littell’s writing it says, “the tide of public opinion in the North began to turn against Reconstruction policies” (Littell 515). The Northern opinion also changed, not just the focus, the opinion of the voters turned away Reconstruction and most thought the panic was a bigger …show more content…
In the South, there was a group called the Ku Klux Klan, or the KKK. They would run rampant killing whoever they pleased, and no one would stop them. The KKK would kill political figures who supported Reconstruction or freedman. In a testimony to the Senate, Abram Colby states, “On the 29th of October 1869, [the Klansmen] broke my door open , took me out of my bed, took me to the woods and whipped me three hours or more and left me for dead” (Colby 513). The KKK targeted African Americans and tortured them to death. This caused the carpetbaggers to leave and help end Reconstruction. This did happen, but the KKK were not held responsible causing the helpers from the North to leave. The KKK did cause them to leave but did not cause the end of Reconstruction. The panic and the government fraud clearly caused Reconstruction to end because it caused the Northern voters to shift their political views from Reconstruction to the issue at
A. How did Jay Cooke and the Northern Pacific Railroad contribute to the Panic of 1873? Jay Cooke financed the Northern Pacific Railroad. This Railroad incited most people because it seemed to have a promise of wealth, so a lot of investment came in. But, when Cooke went bankrupt, the Panic of 1873 began. Many people lost their jobs, and bread lines were seen everywhere.
U.S. Grant 1869-1877 Credit Mobilier, Whiskey Ring-1872/1875. 7. In the Credit Mobilier affair, members of the Credit Mobilier construction company gave stock and cash bribes to congressmen to avoid the discovery of immense profits from transcontinental railroad subsidies. In the Whiskey Ring, federal revenue agents and whiskey producers plotted to divert millions in government tax revenues. These instances showed the corruption of alliances between big business and government and made Americans distrustful of politicians’ motives.
Maria Thao Period 5 To what extent did the Panic of 1873 have its effects on the reconstruction period of the United States? The Panic of 1873 also known as the “Great Depression” until the 1930s, lasted from 1873 to 1879. The Panic became a financial crisis that caused a significantly large depression affecting in not just the United States but also in various countries in Europe.
As I have stated already, the main reasons were that they [Klu-Klux-Klan] were killing and brutally murdering black politicians, or even, any random citizen who was either for the “Reconstruction” . The other reason I stated was that they brought to many problems to themselves, that the “Northern Neglect” did not feel like they should be responsible for that. Tens of thousands people who live here all blame the ‘Northern Neglect” for this cause that was once beautiful. If only they would hear my argument on why I believe in what we did to them was very horrible,we were killers. They are just holding a deaf ear, but we can come to conclusion that it was our fault for this act that was once supposed to be a way to make America a land of opportunities, but instead turned it to a land of
Due to wage reductions, high rental prices in the town, and George Pullman’s lack of empathy toward the workers of his company, employees decided to boycott against the unfairness and malfeasance of Pullman and other upper management. Background Wage Reductions The Panic of 1893 created a massive depression in America which severely affected the workers wages and job security. Wages decrease by approximately 33%; however, in many cases, people’s income was cut by 40 to 50%.
The Panic of 1819 raised concerns of Americans by enhancing their feelings on the controversies and problems of the time. During that depression, Banks throughout the country failed; mortgages were foreclosed, forcing people out of their homes and off their farms. Falling prices impaired agriculture and manufacturing, triggering widespread unemployment. Additionally, John Quincy Adams, the Secretary of State to James Monroe, claimed that both the House of Representatives and the Senate was trying to limit the powers of the President. The imbalance of power would ultimately cause a destructive prospect.
The Panic of 1837 was a financial crisis, or market correction, driven by tentative fever. Inflation became uncontrolled after federal deposits to the Second Bank of the United States were withdrawn, based on the assumption that the government was selling land for state bank notes of questionable value. The Panic of 1837 involved Andrew Jackson administration issuing the Specie Circular, declaring that it would accept only gold and silver as payment for public land. Prices fell about 25 percent and many businesses began to fail and farmers were unable to pay their mortgages because of their decline in income and because they were losing their jobs. Martin Van Buren, who became president in March 1837, was largely blamed for the panic.
Gilded Age industrialization fueled the dependence of the railroad in the Progressive Era. Railroads, government, and the economy were not only interrelated, but they were also interdependent. The federal government and the railroad companies often worked together, with the government providing subsidies to the companies and discounted prices. Congress also provided free land and thousands of miles in subsidies to the companies. Furthermore, railroads directly impacted the country's economy, being a key factor in causing the Panic of 1873 and the Panic of 1893.
A downturn in the economy led investors to withdraw their money from banks. This had a profound influence on those living in the United States from the late 1830s to the mid-1840s. To understand what happened and why, we need to take a quick look at what was happening during that time period.
Cornelius Vanderbilt saw the trouble coming. By 1873, the 79-year-old "Commodore," as he was called, was no stranger to risk: calculated bets with steamboat and railroad companies had made him by far the richest man in America. But he was wary of overexpansion by the railroads in the West, skeptical of economic weakness abroad and loose credit at home, and disdainful of the new "gang of stock speculators in Wall Street"—which included some of his own clan. When big banks began to fall on Sept. 18, 1873, he immediately understood what was wrong. "There are a great many worthless railroads started in this country without any means to carry them through," he told a reporter that evening.
The most powerful people in the south, the KKK were the only ones that could have helped with the reconstruction of the south were not helping matters, that is why there was not and big developments. The south only wanted white people in power because they thought that the freedman were not equal and unfit to be part of any governments. The south wouldn’t even allow the freedmen to attend and public events. In conclusion even though the North had taken the soldiers out of the south and had given up on the freemen, the south has had a lot more problems reconstructing and making the freedman equal.
The South killed Reconstruction most by their resistance against the North. Reconstruction started after the Civil war between 1865-1876. During the Civil War, the North and South battled, (The North won) and the South laid in ruins. The United States was willing to let the South back in under some conditions, and that marked the day Reconstruction started. During the Reconstruction era, the South resisted the North’s help and Reconstruction died.
The Reconstruction Era occurred in 1865, it was was a period after the Civil War in which America was focused on rebuilding the broken South. In 1867, the Radical reconstruction gave former slaves a voice in government. During this era, formers slaves gained a platform in the government, with some blacks as Congressmen. However, not everyone supported the idea of Reconstruction. Less than a decade after the Reconstruction period, a small group composed of democratic ex-confederate veterans, white farmers and white southerners sympathetic to white supremacy joined forces together to form the Ku Klux Klan.
Reconstruction caused prejudice and inequality. To elaborate, the creation of the Ku Klux Klan and the Black Codes were both in the time period of reconstruction, which caused chaos and violence throughout the Union. One of the goals of reconstruction was to repair the economy in the South, because it depended on slavery, which was now illegal, due to the thirteenth amendment. The South’s economic system now depended on Sharecropping, which caused former slaves to be in constant debt and was unjust to the black society. The reconstruction time period, was a time of dispute between the Union.
The reconstruction period was a failure because African Americans, mainly males, were not treated with equality although the constitution said that the they were free and had the right to vote, be educated and had the right to liberty, life and the pursuit to happiness. Organizations, like the KKK, were created to harm freed slaves and their families. Laws were created such as the Black Codes restricting former slaves from their rights. African Americans endured a lot of violence over the years. “In Grayson, Texas, a white man and two friends murdered three former slaves because the wanted to ‘ thin the niggers out and drive them to their hole’”.