Reconstruction Scandals: Boss Tweed In New York City

During the late 1800s there was a time period called the “Gilded Age”. The Gilded Age is a time period the economy was struggling along with the people of the era. Andrew Carnegie, John D. Rockefeller, and Thomas Edison were some examples of successful business owners and Robber Barons of that time. Robber Barons were the people who stole money from the public along with natural resources such as soil, land, etc. These men were supposed to be great leaders, but instead they enforce horrible working conditions.

In Founding Finance, William Hogeland does a complete historic analysis on how America’s rose to be the centerpiece country it is today. Hogeland makes the

Being so familiar with stocks Gould noticed fluctuation in gold prices and devised a plan. The intricate scheme would allow Gould to essentially control the gold supply in America, which would mean he could influence the entire national economy. Gould's plot could only work if while driving up the prices the federal government chose not to sell gold reserves. To sideline the Treasury Department, Gould was at it again bribing officials in the federal government, including a relative of President Ulysses S. Grant. September 24, 1869, the price of gold began to rise and a panic ensued on Wall Street.

Boss Tweed “I don’t care who does the electing as long as I get to do the nominating.” Said the oh so famous Boss Tweed. Tweed is known for corrupting most of New York in a short amount of time. Tweed’s power lasted from 1860 to 1876.

Although government is corrupt we need to identify these voting schemes beforehand. Unlike the immigrants in the novel, they were oblivious to the political corruption taking place in Chicago. They are uneducated foreign people in need of money, living on low wages at the verge of starvation. Packingtown is packed with swindlers, from law enforcement to bartenders to muggers, everyone loses their morals for money.

During the history of New York, there is the history of Tammany Hall founded in 1789 in opposition to the Federalist Party, and the main goal of this organization was to fight against the Federalist Party as Antifederalists. The Federalist Party’s main goal was to ratify the constitution and divide the power between the national government and the state government, so, the Tammany Hall was created to fight against the goal of the Federalist Party. Also, from 1890s to 1934, Tammany Hall became famous due charges of corruption against the leader William M. Boss Tweed, better known as “Boss”. Although this organization was guilty of some corruption cases, it succeeded because it helped poor people and because it never lost touch with its people;

America has gone through their fair share of political changes, but the reconstruction era was one of the more difficult of these changes. The Civil War was over and the U.S. had to somehow reintegrate the country and inforce new laws, while figuring out how to deal with the four million newly freed slaves. The reconstruction era was the time when the United States was trying to put itself back together as a stronger more united nation. While eventually many politicians gave up and moved on to other problems, the era did see many achievements as well as

Hoover created the President 's Emergency Committee for Employment. August 19, 1931 Hoover developed the President 's Organization on Unemployment Relief. January 22, 1932 The Reconstruction Finance Corporation gave loans to struggling businesses. July 28, 1932 Hoover ordered troops to clear the Bonus Army out of Washington, D.C. Roosevelt Franklin D. Roosevelt won the 1932 election in a landslide.

This is discussed in Dr. Mariottini’s article “Gold and Bread” and in a Coins Actioned article, “History of Gold Ounce Price Comparison To A Loaf Of Bread. ”According to Dr. Mariottini during the reign of King Nebuchadnezzar, a ruler of Babylonia in 634-562 BCE it was recorded that an ounce of gold was worth 350 loaves of bread. In 1997 to 1998 the amount of bread you could buy with an ounce of gold was 300. In 2015 the amount of bread it would be possible to buy with an ounce of gold would be approximately 388 loaves of bread which have an average value of 346. These numbers demonstrate that even over thousands of years, it has only fluctuated a little bit (see Figure 2).

Did you know that the start of the California Gold rush brought more than 250,000 people west to California? The Gold Rush was a defining time in the history of California. The outcome of the California Gold Rush was a significant compromise in the nineteenth century because it led to forming of towns as people migrated, forming of California as a state, and the Compromise of 1850. On January 24, 1848, a discovery was made that changed many Americans’ lives. January 24, 1848 James W. Marshall, a carpenter from New Jersey, discovered gold.

According to the article The Devil in Devolution, the “devolution revolution” is seen as, “The shift in government’s center of gravity away from Washington and toward the states…” which translate to the return of power from the federal government to the state government. In recent years, the author of the article (Donahue) believes that the states have been given too much power, and the power of the federal government has been declining. The “tragedy of the commons” principle is when an individual abuses a shared resource to the point in which the supply is overwhelmed, and some people are unable to receive the resource. This applies to federalism because the states seem to be usurping all of the “power” from the federal government, so there

The level of influence a time period has on a country is defined by its political, economic, and social change. The 1920s was one of the most influential decades in the history of the United States. Corrupt politicians, tax cuts for the rich and new opportunities for women signify the influence of the Roaring 20s. A government's ability to conduct a democracy determines its ability to thrive. Due to corruption in the government, the 1920s was the most influential decade, politically speaking, in U.S. history.

Money got the same meaning as “culture”. Men and women were disillusioned about politics, love, or family, but they believed that the most important is negotiable legal tender. “ On a chance we tried an important-looking door, and walked into a high Gothic library, paneled with carved English oak, and probably transported complete from some ruin overseas... He waved his hand toward the book-shelves. “About that...They’re real.”

The Bum Blockade: Los Angeles and the Great Depression The Bum Blockade was set up in the great depression era, It was a time that needed strong authority with also having a light touch to the people. In all of the united states Los Angeles seemed the one who was the most strongly hit by the depression. "The Bum Blockade: Los Angeles and the Great Depression" written by Hailey Giczy. Giczy is going to be on more the immigrants side, when she said this "The social upheaval and displacement brought on by the Great Depression changed the very concept of the frontier, and the defining characteristics of Americans as travelers to that frontier were no longer applicable to Dust Bowl migrants. "(Giczy)

The existence of gold standard goes way back since the 1800s. Under this system, currencies are linked to a fixed quantity of gold and can be converted into gold at a specific price. Bank issued notes and certificates to people to transact with which was convertible to gold (Nyazee, 2008). Despite the long period of prosperity and stability that this system has created, the gold standard was abandoned by many countries during World War I in 1914. Although some countries returned to its adoption after the war ended, the abandonment of the gold standard by the Great Britain was said to be one of the causes of the Great Depression in 1930s.