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President Ulysses S Grant

In Our Time

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The Panic of 1873: Economic Turmoil and Political Strife

This chapter examines the Panic of 1873 and its profound effects on the economy and Ulysses S. Grant's presidency. It explores the ramifications of financial speculation, the decline of African American political power, and the rise of violent groups in the South amid a deteriorating political landscape. Additionally, it discusses how shifting cultural narratives reshaped perceptions of the Civil War and the challenges the Republican Party faced in protecting civil rights.

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