US History Since Reconstruction ~ Week Three Lecture

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  • (copyleft 2007) Chad David Cover. Attribution-Noncommercial-Share Alike 1.0 Generic. See http://creativecommons.org/licenses/by-nc-sa/1.0/
  • US History Since Reconstruction ~ Week Three Lecture

    1. 2. <ul><li>American economy expands on all fronts between 1860-1900 </li></ul><ul><li>Farm Production Doubles. </li></ul><ul><li>Manufacturing Grows Six-Fold. </li></ul><ul><li>Real Wages Rise. </li></ul><ul><li>Economy driven by new industries: </li></ul><ul><li>railroad </li></ul><ul><li>steel </li></ul><ul><li>oil & coal. </li></ul><ul><li>E. From self-employment to wage work </li></ul>
    2. 3. <ul><li>Speculation </li></ul><ul><li>Laissez-Faire Economics </li></ul><ul><li>Labor Problems </li></ul><ul><li>Business Consolidation & Control </li></ul><ul><li>Unfair Business Practices </li></ul><ul><li>Little or No Business Regulation </li></ul>
    3. 4. <ul><li>“ Get rich dishonestly if we can, honestly if we must.” ~ M. Twain & C. D. Warren, The Gilded Age </li></ul><ul><li>A term for late-nineteenth-century America. Government was controlled by corrupt two-party system and by big business. A time of: </li></ul><ul><li>Political Corruption and/or Inactivity </li></ul><ul><li>Laissez-Faire Economics </li></ul><ul><li>Social Darwinism </li></ul><ul><li>Get-Rich-Quick Schemes </li></ul><ul><li>Cycles of Economic Boom & Bust </li></ul>
    4. 7. <ul><li>“ To the victor belongs the spoils.” </li></ul><ul><li>Political “machines” that turned out the vote & won the elections distributed the “spoils”: government jobs & contracts. Strengths </li></ul><ul><li>Machines Found Jobs for Party Supporters </li></ul><ul><li>Machines Provided Some Social Welfare Services </li></ul><ul><li>Participation in Elections was Very High </li></ul><ul><li>Machines Built Urban Infrastructure </li></ul><ul><li>Problems </li></ul><ul><li>Corrupt Elections </li></ul><ul><li>Embezzlement of Public Money by Machines </li></ul><ul><li>Party workers Paid Kickbacks to Machines </li></ul><ul><li>Corporations That Support Machine Get Special Treatment </li></ul>
    5. 10. <ul><li>Citizens & some politicians begin to call for political & economic reform in the 1870s & 1880s. </li></ul><ul><li>Reformers in Republican Party (“Goo-Goos” / “Mugwumps”) </li></ul><ul><li>Reporters Who Exposed Corruption (“Muckrakers”) </li></ul><ul><li>Third-Party Movements </li></ul><ul><li>Farmers in Granger Movement Granger Laws </li></ul><ul><li>Workers in Labor Movement Knights of Labor, Union Labor Party, Workingmen’s Party </li></ul><ul><li>Major Reforms: </li></ul><ul><li>Pendleton Civil Service Act (1883) </li></ul><ul><li>Interstate Commerce Act (1887) </li></ul><ul><li>Sherman Anti-Trust Act (1890) </li></ul>

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