Liquidating petty cash expenses
Hayes after the contested 1876 presidential election.Reconstruction after the Civil War took precedence during Grant's first term of office.Tensions with Native American tribes in the West continued.Under the talented Secretary of State Hamilton Fish, the Treaty of Washington restored relations with Britain and resolved the contentious Alabama Claims, while the Virginius Affair with Spain was settled peacefully.The Panic caused a severe nationwide economic depression and turned public opinion against Grant.
He was succeeded as president by Republican Rutherford B.Grant was unchallenged for the 1868 Republican presidential nomination, and was nominated unopposed on the first ballot at the party's May 20–21, national convention in Chicago.House Speaker Schuyler Colfax was chosen for Vice President.Grant also supported passage of the Fifteenth Amendment (ratified on February 3, 1870, the third and last of the Reconstruction Amendments), which prohibits the federal and state governments from denying a citizen the right to vote based on that citizen's "race, color, or previous condition of servitude".Rather than develop a cadre of trustworthy political advisers, Grant was self-reliant in choosing his cabinet.
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He relied heavily on former Army associates, who had a thin understanding of politics and a weak sense of civilian ethics.