History of the US since 1865 Final Review The 3rd Party System and the Rise of the Republican Party 1854 1865 3rd Party System Growth of National Government Modernization and Growth of Industry Railroad Abolition of slavery and race relations Trade Protectionism Political Realignment A lasting change in the arrangement of political forces a change in issues or a shift in regional and demographic bases of power Generally results in a new political power structure that lasts decades Kansas Nebraska Act 1854 Introduced by Democrats Repealed Compromise of 1820 Made it illegal to have slaves in certain territories Citizens allowed to decide on slavery Popular sovereignty Result Contributed to Realignment and Rise of Republicans with anti slavery Republican Party Founded by anti slavery Whigs and Democratic members Against the expansion of slavery For protectionism Increase tariffs to promote domestic trade Paper Currency o Tariffs tax on imported exported goods Demand Notes Greenbacks paper money backed by gold o Issued too many and the notes were devalued Legal Tender Notes Not backed by gold and had value because the government said they did o Fiat Money money declared by the government to be a legal tender Has no value on it s own Money supply increased 1 3 were counterfeit Secret Service Created Secret Service created to track down counterfeiters Reconstruction Destruction of South Plantation economy Reconstruct the south and the US Presidential Reconstruction o Amicable reconciliation o Emancipation Proclamation freed slave in southern states where northern troops were present o 13th amendment Abolish slavery 10 Plan o Full pardon to rebels who release slaves o Pardon would restore all property except slaves and full political rights o When 10 of a state s voting population took an oath of allegiance to the US that state would be able to organize a new government President Johnson o Hated planters o Wanted to give amnesty to confederate war veterans o Presidential veto when the president refuses to pass a law amendment etc that congress has proposed o Lame duck politically powerless 14th Amendment o All persons born in the US are citizens o All citizens are entitled to equal treatment under law
View Full Document
Unlocking...