A Brief History of the United StatesMcMaster, John Bach
History
A Brief History of the United States
McMaster, John Bach
United States -- History
[6] Rutherford B. Hayes was born in Ohio in 1822, and after graduating
from Kenyon College and the Harvard Law School settled at Fremont, Ohio,
but soon moved to Cincinnati. At the opening of the war he joined the
Union army and by 1865 had risen to the rank of brevet major general.
While still in the army, he was elected to Congress, served two terms, and
was then twice elected governor of Ohio. In 1875 he was elected for a
third term. He died in 1893.
[7] The commission consisted of five senators, five representatives, and
five justices of the Supreme Court; eight were Republicans, and seven
Democrats.
[8] By 185 electoral votes against 184 for Tilden. The popular vote at the
election of 1876 was (according to the Republican claim): for Hayes,
4,033,768; for Tilden, 4,285,992; for Peter Cooper (Greenback-Labor or
"Independent"), 81,737; for Green Clay Smith (Prohibition), 9522.
[9] The strikers' grievances were reduction of wages, irregular
employment, irregular payment of wages, and forced patronage of company
hotels. There were riots at Baltimore, Chicago, Reading, and other places
besides Pittsburg; state militia was called out to quell the disorder; and
at the request of the state governors, United States troops were sent to
Pennsylvania, Maryland, and West Virginia.
[10] Specie payment was accordingly begun on January 1, 1879, and then for
the first time since greenbacks were made legal tender they were accepted
everywhere at par with coin. By the provisions of other laws, the amount
of greenbacks kept in circulation was fixed at $346,681,000.
[11] The price of silver in 1872 was such that the 412-1/2 grains in the
dollar were worth $1.02 in gold money. The silver dollar was worth more
as silver bullion than as money, and was therefore little used as money.
This dropping of the silver dollar from the list of coins, or ceasing to
coin it, was called the "demonetization of silver."
[12] To carry any number of these "cart-wheel dollars" in the pocket would
have been inconvenient, because of their size and weight. Provision was
therefore made that the dollars might be deposited in the United States
treasury and paper "silver certificates" issued against them. Get
specimens of different kinds of paper money, read the words printed on a
silver certificate, and compare with the wording on a greenback (United
States note) and on a national bank note.
[13] James A. Garfield was born in Ohio in 1831. While still a lad. he
longed to be a sailor, and failing in this, he became a canal boatman.
After a little experience as such he went back to school, supporting
himself by working as a carpenter and teaching school. In 1854 he entered
the junior class of Williams College, graduated in 1856, became a teacher
in Hiram Institute, was elected to the Ohio senate in 1859, and joined the
Union army in 1861. In 1862 he was elected to Congress, took his seat in
December, 1863, and continued to be a member of the House of
Representatives till 1881.
Public-domain text, read in full here on John Shaqi.
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