Tweed Ring Essay

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The Tweed Ring’s existence came into light between 1866 and 1871, and it begins when William ‘The Boss’ Tweed and his company made it so that all bills to the city would be at least fifty percent fraudulent, later raised to eighty five percent. The affluence went to William ‘The Boss’ Tweed, the city financial officer, the county treasurer, and the mayor. Furthermore, twenty percent of the share would go into bribing officials and businessmen, which led to a diverse following; William ‘The Boss’ Tweed loved to keep them around, and in order to maintain this regime, he ‘provided for all’. Unfortunately, Tweed was very sufficient in keeping up this scam, by fooling even the ‘best’ people by using his silver tongue and having a controllable idiosyncrasy. …show more content…

Particularly speaking, Gould had proven multiple times that he was an expert thinking outside of the box when it came to new and creative ways to cheat the system and rob people of hard earned money. In 1869, Gould decided it would be stupendous to use this talent on the most audacious target in the American financial system, the gold market. As of this time, gold was still the currency of international trade, but the United States had gone off the gold standard during the Civil War, probably because of the tremendous amount of debt we were, and still are in. After this change, places like Wall Street had special “Gold Rooms” where brokers could trade gold and the American dollar. Considering, there was a limit, at around $20 million in gold, Gould realized that if a person were to invest in gold little by little they might have the potential to corner the market; from there they could raise the price and gain a ginormous margin in profits. Fortunately, for people who liked to keep their money in their pockets, Gould’s plan had a reached a speed bump, Ulysses S. Grant. Since the beginning of his position as chief executive, the U.S. Treasury had continued to use his policy of using its gold reserves to buy the paper money back from U.S. …show more content…

However, this did not mean they were able to keep their land the way you might expect, and, is in fact, perhaps, one of the monstrous legislatives we have ever given to Natives. This act demolished, already identified boundaries, broke tribes apart as communal units, and threatened the cultural aspects of each tribe. This act applied to all Native American tribes, except: the Cherokee, Creek, Choctaw, Chickasaw, Seminole, Osage, Miami, Sac, Fox, Peoria, and Seneca nations. This act, was actually named for Massachusetts Congressman Henry Dawes, who claimed that private property had the power to civilize, even the most basic brutes, and according to Dawes, the very act of being civilized, was to “wear civilized clothes, cultivate the ground, live in houses, ride in Studebaker wagons, send children to school, drink whiskey (and) own property.” Under the Dawes Act, the allotted persons would hold the land for 25 years; consequently, the land would then go to the individuals who had held that chunk of land or to their heirs, in which they would gain the title of American Citizen. Although this act may seem innocent enough, with Dawes just wanting reconfigure the culture and heritage of the people who were here for a much longer time than we were, the real reason this act came transpired, was because of the Civil War, “They had to figure out what to do with the Indian problem…” You see, the problem was

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