18. Ulysses S. Grant (1869-1877)

“General Corruption”

Party: Republican

Vice President – Schuyler Colfax; Henry Wilson

MAJOR DOMESTIC AFFAIRS:

  • 100th Anniversary of the United States of America
  • 15th Amendment was right of citizens to vote 1870
  • Establishment of the first Transcontinental Railroad at Promontory Point, Utah with California Governor Leland Stanford driving in the “golden stake” [May 10, 1869]
  • Tweed Ring 1870-1875 was a corruption scandal in New York City finally broken up by New York State Prosecutor Samuel Tilden (who would lose the Presidential Election of 1876 by one vote to Rutherford B. Hayes)
  • Whiskey Ring 1873-1877 uncovered by Treasury Secretary Benjamin Bristow involving tax evasion and fraud by whiskey distillers, tax collectors, and high Federal officials
  • Crédit Mobilier 1873 scandal reaches Vice President Colfax and other federal officers: bribery from railroad contractor to Congressmen for favorable legislation in land grants in the West
  • Panic of 1873 crashes the national economy – set in motion by too many loans for too much industrial expansion, farming, mining, and railroads
  • Belknap Scandal 1876 involving allegations that Secretary of War William W. Belknap had accepted bribes from the Indian Affairs Bureau

MAJOR FOREIGN AFFAIRS:

  • Red River Rebellion in Canada 1869-1870 – Manitoba becomes province
  • Rebellion in Cuba