Mrs. Constanzo
U.S. History Per. 7
2 November 2014
Ulysses S. Grant The president I picked for my presidents report was Ulysses S. Grant. Ulysses S. Grant was the 18th president of the United States. He was a hero of the Civil war who fought for the Union. He was two presidents after Lincoln which meant he would be president during post-war reconstruction. Grant was also the youngest president at that time to be elected. Grant may have been a war hero but he might not have been the best president. He had some good and bad sides of his term. But I see that Grant’s presidency was more negative than positive. He became president at a critical time which made his term even harder. What were the positives of Grant’s term? As …show more content…
Grant may have been a military genius he wasn’t the best politician. His inexperience did not help the tough time of reconstruction. A big thing that critics had on Grant was that he stationed troops in the south to maintain law and order. This obviously angered some saying that this violated state rights. But Grant’s greatest failure and what defines his presidency was the corruption and scandal he let happen. Grant may not have participated in deeds that happened but he did let them happen. Grant became associated with James Fisk and Jay Gould who tried to manipulate the government and gold market. The failure of these two men resulted in a financial disaster known as Black Friday. Another major event was known as the Whiskey Ring. This involved many distributors and public officials who wanted to defraud the government of millions of liquor tax revenue. Grant’s private secretary was part of this scandal and Grant defended him. This is what really defines his presidency because overall he didn’t do a lot of positives for the country. Another economic disaster was the Panic of 1873 during his second term which was when the New York Stock Exchange was suspended trading for ten days. With little finance experience Grant tried to fix it by instructing the Treasury Secretary to buy government bonds putting money into the system. This created what’s called the Long Depression which made many railroads become