Reconstruc*on: Day 3 12/10/2014 p.727-­‐739 APUSH Mr. Jackson Timeline • • • • • • • • • 1866: Forma*on of the Ku Klux Klan in the South November, 1868: Ulysses S. Grant is elected POTUS #18 1869-­‐1870: Passing and ra*fica*on of the 15th Amendment 1870-­‐1871: Congress passes Enforcement Acts (including Ku Klux Klan Act) 1872: Credit Mobilier scandal; Grant wins second term 1873: Financial panic hits and depression sets in 1874: Democrats win control over the Senate in the midterm Congressional elec*ons 1876-­‐77: Presiden*al elec*on outcome leads to Compromise of 1877 à Hayes becomes POTUS #19, South earns “Home Rule” 1877: Reconstruc*on era has ended Focus Ques*ons • What were the main issues in na*onal poli*cs in the 1870s? • Why did Reconstruc*on end in 1877? • Was Reconstruc*on a successful experiment or a complete failure? Key Terms / IDs • • • • • • • • • President Ulysses S. Grant Credit Mobilier scandal Ku Klux Klan Enforcement Acts of 1870-­‐1871 Liberal Republicans Panic of 1873 Rutherford B. Hayes Compromise of 1877 “Home Rule” Primary Sources • “Editor E.L Godkin Grieves” (1871) • “Frederick Douglass Complains” (1882) • “Booker T. Washington Reflect” (1901) [Excerpt from “Up From Slavery” by Booker T. Washington] 1868 Presidential Election Grant Administration Scandals « Grant presided over an era of unprecedented growth and corruption. * Credit Mobilier Scandal. * Whiskey Ring. * The “Indian Ring.” 1872 Presidential Election Popular Vote for President: 1872 The Panic of 1873 « It raises “the money question.” * debtors seek inflationary monetary policy by continuing circulation of greenbacks. * creditors, intellectuals support hard money. « 1875 à Specie Redemption Act. « 1876 à Greenback Party formed & makes gains in congressional races à The “Crime of ’73’! Northern Support Wanes « “Grantism” & corruption. « Panic of 1873 [6-year depression]. « Concern over westward expansion and Indian wars. « Key monetary issues: * should the government retire $432m worth of “greenbacks” issued during the Civil War. * should war bonds be paid back in specie or greenbacks. 1876 Presidential Election The Political Crisis of 1877 « “Corrupt Bargain” Part II? Hayes Prevails