In 1868, Republican Ulysses S. Grant was pitted against Democrat Horatio Seymour for the presidency. Grant narrowly won the popular vote but won the electoral college vote in a more convincing fashion, taking 214 votes to Seymour's 80. On economic policy, Grant made common cause with the nation's financial conservatives: the president pledged to redeem in gold all greenback currency that had been issued by the U.S. government during the Civil War. He signed a law to this effect. In 1872, President Grant comfortably won re-election. Thereafter, Grant managed to accomplish a compromise: he provided amnesty for Confederate leaders in the South and civil rights for former slaves. Grant also oversaw ratification of the 15th Amendment and w…
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Citation: Richert, Lucas Paul. "Presidency of Ulysses S. Grant". The Literary Encyclopedia. First published 20 January 2009 [https://staging.litencyc.com/php/stopics.php?rec=true&UID=1147, accessed 26 November 2024.]