Grantism

Grantism

Grantism was a common term for corruption and greed, often in politics, during the period after the presidency of Ulysses S. Grant.

During Grant’s presidency members of his administration took part in price skimming and tax evasion. It (the term "Grantism") also referred to how big business had begun to exert increasing control over local & national government during this time period.

The scandals that led to the term include:
* The Crédit Mobilier scandal
* Black Friday
* The Whiskey Ring of 1875
* The Sanborn Incident

The Liberal Republican faction broke off from the Republican party to oppose Grantism. In 1872 they nomminated Horace Greenley (also the Democratic candidate) to oppose Grant, but overwhelmingly lost.

ee also

* Ulysses S. Grant
* Crédit Mobilier of America scandal
* Black Friday (1869)
* Whiskey Ring
* Sanborn Incident


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Ulysses S. Grant — Infobox President name=Ulysses S. Grant nickname= Unconditional Surrender Grant nationality=American order=18th President of the United States term start=March 4, 1869 term end=March 4, 1877 predecessor=Andrew Johnson successor=Rutherford B.… …   Wikipedia

  • Black Friday (1869) — Black Friday, September 24 1869, also known as the Fisk Gould Scandal, was a financial panic in the United States caused by two speculators’ efforts to corner the gold market on the New York Gold Exchange. It was one of several scandals that… …   Wikipedia

  • Whiskey Ring — In the United States, the Whiskey Ring was a scandal, exposed in 1875, involving diversion of tax revenues in a conspiracy among government agents, politicians, whiskey distillers, and distributors. The Whiskey Ring began in St. Louis but was… …   Wikipedia

  • Crédit Mobilier of America scandal — The Crédit Mobilier scandal of 1872 involved the Union Pacific Railroad and the Crédit Mobilier of America construction company in the building of the First Transcontinental Railroad. The distribution of Crédit Mobilier shares of stock by… …   Wikipedia

  • Sanborn Incident — The Sanborn Incident or Sanborn Contract was an American political scandal which occurred in 1874.William Adams Richardson, Ulysses S. Grant’s Secretary of the Treasury, hired a private citizen, John D. Sanborn, to collect $427,000 in unpaid… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”