Chapter 23 – Study Guide # 1
1) How much did the United States population increase between 1860 and 1870? What was the total U.S. population? What caused this increase?
2) Who did the Republican Party nominate for president in the election of 1868?
3) Describe the level of political experience of Republican nominee for president in the election of 1868.
4) Who did the Democratic Party nominate in 1868?
5) Winner of the Election of 1868:
6) Electoral Vote in the Election of 1868:
7) Popular Vote in the Election of 1868:
8) Explain why the popular vote was so close, despite the huge difference in the electoral count.
9) What was “Black Friday?”
10) What did Jim Fisk and Jay Gould do to the price of gold? (I’ll explain what this means in class. Put a summary of the explanation here: ________________________________
11) Where was the “Tweed Ring?” Who was the leader? What did they do?
12) Who exposed the corruption of the Tweed Ring?
13) When was the Credit Mobilier scandal? What was the “Credit Mobilier?” What did they do that was corrupt?
14) What did the Whiskey Ring do? Even though it doesn’t really say, what DO YOU THINK they did?
15) Who did the Liberal Republicans nominate for the presidency in 1872?
16) Who did the Democrats support in the election of 1872?
17) Who did the Republicans nominate in 1872?
18) Who won the election of 1872?
19) Describe the causes of the Panic of 1873 (in simple terms)
20) Describe the effects of the Panic of 1873.
21) What happened to the Freedman’s Savings and Trust Company? How much money did black Americans lose?
22) Who wanted “cheap-money?” Explain their reasoning/theory why they thought issuing
more paper money that was less-valuable would be a good thing.
23) What did the Resumption Act of 1875 do?
24) Whenever the debtors (people that owed lots of money to other people) couldn’t get the government to put more paper money into circulation, what did they try to get put into circulation to cause inflation?
25) What was the ratio of the value of silver to gold? (example: 1:1, or 1 to 1…meaning 1 oz. of silver is equal to 1 oz. of gold)