Issue: The Economy
Hayes called out the federal troops
to keep order during a labor dispute in the
railroad industry. Since there were no antitrust
laws in existence yet, the four major railroad
companies had privately agreed they would all
raise rates and cut wages. He was the first
president to use the military in this way since
Andrew Jackson.
The specie issue from Grant's administration
remained an issue. An 1875 law required that
the government to begin redeeming devalued Civil
War era greenbacks for gold beginning on January
1, 1879. Another law passed in 1878 regulated
the government's use of silver in coins. Hayes
ordered the Treasury Secretary to coin the minimum
amount allowed by the law and the economy did
improve.
Issue: Civil Service Reform
Another leftover from the Grant administration
was the issue of civil service reform. Hayes
had |