21 terms

Gilded Age Study Guide- REAL!

The last study guide was everything form the notes. This set is specifically terms from the study guide made by Mr. Biskar. I would recommend using this set over the other- way less to study!! Reminder: This information will be in a test on Wednesday as well as a political cartoon on the gilded age which you will have to interpret.
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Terms in this set (...)

Charles Guiteau
Assassinated President Garfield on July 2nd, 1881 in Union Station Washington City.
-He was also a Stalwart
-He didn't feel that Garfield gave him his fair share of spoils
Cornelius Vanderbilt
-Controlled the railroads
-He was a robber baron
Ulysses S. Grant
-A general during Civil War for the North
-He was a republican president
An honest man but his friends were not:
-President during the Credit Moblier scandal
William Marcy Tweed
-Established and controlled New York's Democratic political machine
-Tammany Society; headquarters Tammany Hall
-Between 1868 and 1871 stole about $200 million from New York City
-Tried and convicted, but machine continued
John D. Rockefeller
-Built a fortune in oil
-Was able to force sales through bribery and intimidation
-Once bribed a mechanic at a refinery to arrange for a small explosion
Rutherford B. Hayes
-Launched an investigation into the New York customs house scandal
-Led to reform attempts
William Jennings Bryan
Nominated by the democrats for 1896 election
-Supported 'free silver'
-With a major issue co-opted, supported by populists
His defeat marked the end of the Populist Party.
Credit Mobilier
A phony railroad company from by Union Pacific Railroad's manager which never laid a track
Spoils System/ Patronage
Awarding government jobs to one's political supporters regardless of qualifications; jobs in exchange for party loyalty
-City jobs
-Work contracts
-Exchanged for money or votes
Interstate Commerce Act
-Outlawed many unfair practices of the railroads
-Paved the way for more effective regulation in later years
Sherman Antitrust Act
-Failed to define its terms clearly
-Attempted to regulate trusts
Monopolies
A company that completely controls the market for one product or service.
Big Business- Who and What Did They Support?
-Supported the republican party
-Opposed to regulations and populists
-Favored monopolies, trusts, and spoils system
Farmers- Who and What Did They Support?
-Farmers created a movement called Populism
-Supported increased money supply using silver
-Federal income tax
-Regulation of railroads and monopolies
-Women's rights and better schools
-Direct election of senators
-Secret ballot
Farm Cooperatives - Why Were They Formed
Farmers wanted to control:
-Supplies
-High interest rates
-Property taxes
-Rising shipping costs
Machine Politicians
-Political machines grew out of the patronage system and corruption
-Controlled jobs
-Demanded kickbacks from contractors and companies wishing to do business with the city
Mugwumps
A Native American word meaning 'big chiefs', was a group of Republicans favoring reform
-Condemned the spoils system
-Wanted to reduce the protective tariff
-Replace the spoils system with a civil service
Civil Service Act
Response to Customs House investigation and Garfield assassination
Attempted to reform the spoils system:
-Set aside about 15,000 federal jobs
-To be filled by competitive exam
Civil Service System
-Created by the Civil Service Act
Gilded Age
Gild: To cover in a thin layer of either fake or real gold to make things look better than they really are

Behind all of the wealth was a lot of corruption
Trust
A group of companies that control an industry