what did ulysses s grant accomplish as president?

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  • 1 decade ago
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    Modest and unassuming, Grant tried to run the govenrment the only way he knew - as a military operation. But his presidency was marked by scandal and corruption because he did not always choose the best men for political jobs. He was so honest himself that he could find it hard to believe that anyone he trusted could bretray him.

    1) Black Friday. Speculators James Fisk and Jay Gould set out to corner the gold market. To ensure that the administration would not foil their scheme by dumping federal gold reserves onto the market, Fisk and Gould employed the president's brother-in-law to exercise his influence with the White House. They also arranged to be seen entertaining the president aboard Fiske's yacht, thus encouraging speculation that Grant was in their corner. The pari tehn began to purchase gold aggressively, driving its price from $140 to $163 1/2 in four days. Finally realizing that he had been duped, Grant ordered the Treasury Secretary to sell ff immediately $4 million in federal gold. Its price nosedived, ending the crisis, but not before many investors and some businesses were ruined - on Black Friday, September 24, 1869.

    2) The Credit Mobilier Scandal...News of the scandal broke during the President's re-election campaign in 1872. Officers of the Credit Mobilier holding company had skimmed off huge profits in the federally subsidized construction of the Union pacific Railroad. They sought to head off an investigation of their practices by selling shares of stock at a deep discount from market value to selected members of Congress. Serving as the company's agent in the bribery scheme was Republican Congressman Oakes Ames of Massachusetts. Among those accused of accepting the stock were House speaker (and later Vice-President under Grant's first term) Schuyler Colfax and Congressman (later President) James A. Garfield of Ohio.

    3) Delinquent Tax Corruption - The Treasury Secretary appointed John D. Sanborn as special agent in charge of collecting delinquent taxes under an arrangement that allowed Sanborn to retain as his fee a whopping 50% of all revenue collected. A House investigation in 1874 revealed that he had collected more than $400,000 in back taxes,

    half of which he kept. Exposure of the scandal forced the resignation of the Treasury Secretary.

    4) Whsikey Ring. Hundreds of distillers and federal officials were suspected of diverting millions of dollars in liquor taxes into their own pockets in a conspiracy uncovered by the new Treasury Secretary in 1875. Grant first called for swift retribution. But, when the scandal reached to his own personal secretary, Orville Babcock, Grant interceded on his behalf. Still, 110 consiprators were convicted.

    5) Bellknap Bribery. In 1876, it was revealed that the War Secretary, W.W. Bellknapp had been taking annual kickbacks from traders at Indian posts. At first, such payments went to his wife, but on her death, he took the bribes directly. He was acquitted of impeachment charges only because he resigned before the Senate trial got underway.

    Source(s): The Complete Book of US Presidents by William A. DeGregorio, 2001, Barricade Books.
  • Anonymous
    4 years ago

    He best received the Civil War, that is all! During the primary part of the battle (April 1861-July 1863), the Union Army had one commander in leader after a further; then at just about precisely the identical time because the Confederate Army was once being became again from Gettysburg, an unpropossessing average within the Western Theater of the battle was once accepting the give up of Vicksburg, Mississippi. Grant have been quiety successful victories in that facet of the nation for a while, and quickly after he took Vicksburg, he got here to the awareness of Lincoln, who introduced him east and positioned him accountable for the whole Union Army. From then on he frequently driven the Confederates again and eventually approved Lee's give up at Appomattox one hundred forty five years in the past the day past--April nine, 1865. Is that an principal sufficient accomplishment?

  • Anonymous
    1 decade ago

    During Reconstruction, Grant pursued the Ku Klux Klan in South Carolina and effectively disabled the organization until the 1920s, but racism still abounded in the South. With the conviction that business supported the national interest, he signed legislation that protected entrenched business interests. This set the stage for more monopoly, public unrest over the accumulation of wealth, and increased corruption.

    From Shmoop

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