Lecture 67: Politics in the Gilded Age
Theme: Politics and Power
- Learning Objective: Explain similarities and differences between political parties during the Gilded Age.
Major Political Parties
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Republicans
- Continued to appeal to Civil War divisions, termed as "waving the bloody shirt."
- Supported by Northern states, Midwest, African Americans, and reformers.
- Advocated for big government, individual rights, and high protective tariffs.
- Key Tariffs: McKinley Tariff (1890), Dingley Tariff (1897).
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Democrats
- Held the "solid South," states formerly part of the Confederacy.
- Strong support in large cities from Catholics and Jews.
- Opposed high tariffs due to economic disadvantages in the South.
Key Issues
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Tariffs
- Republicans favored high tariffs to protect Northern industries.
- Democrats opposed them, supporting the Wilson-Gorman Tariff (1894).
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Currency
- Panic of 1893 led to economic instability.
- Fear of depleted gold reserves undermining the dollar's value.
- J.P. Morgan's gold loan helped, but didn't end the crisis.
- Bimetallism vs. Gold Standard divided parties.
- Democratic Split: Gold bugs (urban, wage-reliant) vs. Silverites (rural, farmers).
Corruption and Political Machines
Populist Party
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Origins and Goals
- Formed due to economic instability.
- Advocated for strong government regulation.
- Omaha Platform (1892): Unlimited silver coinage, graduated income tax, government control of railroads, eight-hour workday, direct senatorial elections.
- Attempted biracial voting coalitions.
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Election Impacts
- 1892: Gained 9% popular vote; 22 electoral votes.
- 1896: Democrats adopted Populist policies; William Jennings Bryan's "Cross of Gold" speech.
- Eventually declined, but influenced future Progressive policies.
Conclusion
- Political structure and party issues remained similar post-Civil War.
- Populist policies adopted in future reforms.
- Civil Service reforms weakened traditional patronage systems.
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