Politics and Corruption in the Gilded Age

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Politics and Corruption in the Gilded Age

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Politics and Corruption in the Gilded Age. The term “Gilded Age”. “ The Gilded Age ,” was a term coined by the author  Mark Twain  hinting that times looked good , yet if one scratched a bit below the surface , there were problems . Photograph (1871). The Era of Good Stealings. - PowerPoint PPT Presentation

Transcript of Politics and Corruption in the Gilded Age

Page 1: Politics and Corruption in the Gilded Age

Politics and Corruption in the Gilded Age

Page 2: Politics and Corruption in the Gilded Age

The term “Gilded Age”

“The Gilded Age,” was a term coined by the author Mark Twain hinting that times looked good, yet if one scratched a bit below the surface, there were problems.

Photograph (1871)

Page 3: Politics and Corruption in the Gilded Age

The Era of Good Stealings

Despite the Civil War, the population still grew, partially due to immigration.

During this time, politics became very corrupt. Stock-market investors were unethical Too many judges and legislators put

their power up for hire.

Page 4: Politics and Corruption in the Gilded Age

Laissez-faire Federal government had

a hands-off approach towards businesses. NO regulation or interference in business practices

Reflected a belief in social Darwinism The best-run businesses

led by the most capable people would survive and prosper.

Page 5: Politics and Corruption in the Gilded Age

Tammany Hall The infamous Tweed

Ring (AKA, “Tammany Hall") of NYC, headed by “Boss” Tweed, employed bribery and fake elections to cheat the city of as much as $200 million.

Thomas Nast, political cartoonist, constantly drew against Tammany’s corruption.

Page 6: Politics and Corruption in the Gilded Age

The Billion Dollar Congress

The 51st, or “Billion Dollar” Congress—one that legislated many expensive projects

The Populist Party emerged in 1892 from disgruntled farmers. They called for items including: a graduated

income tax, government regulation of railroads and telegraphs/telephones, a one term limit, a shorter workday, and immigration restriction.

Page 7: Politics and Corruption in the Gilded Age

Partner Talk

One thing I know about the government during the Gilded Age is…

One connection between the Gilded Age and politics today is…

One question I still have is…

Page 8: Politics and Corruption in the Gilded Age

Depression

Depression of 1893: First such panic in the new urban and industrial age, and it caused much outrage and hardships.

About 8,000 American businesses collapsed in six months.

Page 9: Politics and Corruption in the Gilded Age

Government Bailout

President Cleveland was embarrassed at having to resort to J.P. Morgan (capitalist/NYC businessman) to bailout the depression (government).

Further, the Supreme Court struck down an income tax. Rich can get richer. It looked like all politicians were tools of the wealthy.

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The Gap Widens

Industrialists amass great fortunes

Poor workers living in extreme poverty and experiencing awful working conditions