Search results
Results from the WOW.Com Content Network
He implemented a 44-percent tariff during the Civil War—in part to pay for railroad subsidies and for the war effort, and to protect favored industries. [48] Tariffs remained at this level even after the war, so that the North's victory in the Civil War allowed the U.S. to remain one of the largest users of tariff protection for industry.
The economic history of the American Civil War concerns the financing of the Union and Confederate war efforts from 1861 to 1865, and the economic impact of the war. The Union economy grew and prospered during the war while fielding a very large Union Army and Union Navy . [ 1 ]
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
There is considerable debate on how well Lincoln, had he lived, would have handled Congress during the Reconstruction process that took place after the Civil War ended. One historical camp argues that Lincoln's flexibility, pragmatism, and superior political skills with Congress would have solved Reconstruction with far less difficulty.
The American Civil War ended in April 1865, and the country entered a lengthy period of general deflation that lasted until 1896. The United States occasionally experienced periods of recession during the Reconstruction Era. Production increased in the years following the Civil War, but the country still had financial difficulties. [19]
New South, New South Democracy or New South Creed is a slogan in the history of the American South first used after the American Civil War.Reformers used it to call for a modernization of society and attitudes, to integrate more fully with the United States as a whole, reject the economy and traditions of the Old South, and the slavery-based plantation system of the prewar period.
1872 cartoon depiction of Carl Schurz as a carpetbagger. In the history of the United States, carpetbagger is a largely historical pejorative used by Southerners to describe allegedly opportunistic or disruptive Northerners who came to the Southern states after the American Civil War and were perceived to be exploiting the local populace for their own financial, political, or social gain.
The Civil War had collapsed the Democrats' national machine and given the GOP the chance to entrench its own national machine that held for 70 years. Republicans fully took credit for winning the war and abolishing slavery, and were firmly established as the party of big business, the gold standard, and economic protectionism.