American History Tellers
The Gilded Age | Carnival of Corruption | 1
Jul 22, 2020
The Gilded Age, marked by the completion of the Transcontinental Railroad, was a time of corruption and greed. Scandals tainted Ulysses S. Grant's presidency, including the gold market manipulation and collapse of the stock market. Grant's re-election campaign was marred by the Credit Mobilier scandal and economic crisis. The whiskey ring fraud and corrupt Secretary of War further tarnished Grant's administration. The Centennial Exposition showcased technological advancements but also revealed political unrest. Rutherford B. Hayes' weak presidency led to the rise of industrial titans and frustration among the working class.
38:49
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Quick takeaways
- The Gilded Age was characterized by rampant corruption and scandal, from the presidency of Ulysses S. Grant to fraudulent practices during the construction of the Transcontinental Railroad.
- The compromise of the disputed presidential election of 1876 marked the end of Reconstruction and had lasting consequences for civil rights, highlighting the complexities of the Gilded Age.
Deep dives
Corruption and scandal in the Grant administration
The podcast explores the corruption and scandal that plagued the Grant administration. From the Credit Mobilier scandal to the Whiskey Ring scandal, the podcast highlights how corruption and greed were rampant during the Gilded Age. The episode delves into the failed attempt to corner the gold market and the impact of the economic crisis that followed. It also discusses the disputed presidential election of 1876 and the controversial compromise that led to the end of Reconstruction.
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