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One of the major political scandals of the Grant presidency involved?
Wiki User
∙ 12y ago
The first big scandal was the Black Friday Gold Panic of 1869 in which Jay Gould and James Fisk tried to corner the gold market and manipulate the price of gold to their benefit and the ruination of the national economy. Abel Corbin who was married to the sister of Mrs. Grant was involved and he may have "invested" some money from Mrs. Grant in the complicated scheme. Grant met Gould and Fisk at Corbin's house and they tried to get him to help them or at least not interfere. Grant eventually became suspicious and alerted his treasury secretary.
The plot was foiled but not before great harm was done .
The related link gives more information about this and the other scandals tied to the Grant administration.
Wiki User
∙ 12y ago
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What was grantism?
Political scandals during Grant's presidency.
What caused problems during Grant's presidency?
Corrupt staff members which lead to scandals were Grant's biggest probem.
WHICH railroad company was at the center of one of the biggest scandals of president grant presidency?
The Union Pacific railroad company was at the center of one of the biggest scandals of President Grant's presidency.
Which railroad company was the center of one of the biggest scandals of President Grant's presidency?
The Union Pacific railroad company was at the center of one of the biggest scandals of President Grant's presidency.
What railroad company was at the center of one of the biggest scandals of President Grant's presidency?
The union pacific railroad company was at the center of one of the biggest scandals of President Grant's presidency.
Which railroad company was at the center of one of the biggest scandals of President Grant's presidency?
The Union Pacific railroad company was at the center of one of the biggest scandals of President Grant's presidency.
What cause problems grants presidency?
Grant presidency was rocked by series of corruption scandals
How did of Grant's cabinet members affect his presidency?
They caused scandals
How did many Grant cabinet members affect his presidency?
Many of President Grant's Cabinet members caused scandals, which affected his presidency.
What was the term that referred to scandals in Ulysses s grant's presidency?
grantism
Why were there many scandals during president grants presidency?
He gave jobs to dishonest people.
Why was Grant involved in Black Friday?
I know Jay Gould and James Fisk, to corner the gold market on the New York Gold Exchange. It was one of several scandals that rocked the presidency of Ulysses S. Grant.
