#21 Chester A. Arthur's Legacy

[vcczar 1,224]

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[pilight 233]

Arthur faced persistent rumors that he was not born in the United States.  

[Conservative Elector 2 333]

What were the advantages/disadvantages of both during Chester's presidency:  ''Proponent of hard money over soft money''  I could not really find something helpful and I can't figure it out, so I humbly ask you for clarifying. Was his position the conservative approach?

[vcczar 1,224]

13 minutes ago, Conservative Elector 2 said:

What were the advantages/disadvantages of both during Chester's presidency:  ''Proponent of hard money over soft money''  I could not really find something helpful and I can't figure it out, so I humbly ask you for clarifying. Was his position the conservative approach?

His monetary policy was Conservative. During the Civil War, Lincoln issues Greenbacks and bonds (soft money) because he needed a money supply to pay for the war (pay troops and supplies etc). Had he been a strict conservative Gold Standard, hard money politician only, he would not have been able to fund the war. By the time US Grant was in office, they were trying to revert back to hard money, but a new party, the Greenback Party, supported keeping the Greenback because they felt it was better for people that were involved in finance or overseas trade (and for other reasons). You also have people wanting to cause inflation in the money supply by adding silver, which would allow debtors to pay off their debts much easier. Arthur was definitely a conservative in about every sense, except for his aims at Reform, which were generally favored by the more "liberal" wing of his party, but also by both conservative and liberal/populist Democrats. But the short answer, yes, his position was the conservative approach, but it was also the traditional approach. 

[jvikings1 39]

I meant to mark mixed

[vcczar 1,224]

3 hours ago, jvikings1 said:

I meant to mark mixed

Ok, I'll make a note of that. 

[Conservative Elector 2 333]

11 hours ago, vcczar said:

His monetary policy was Conservative. During the Civil War, Lincoln issues Greenbacks and bonds (soft money) because he needed a money supply to pay for the war (pay troops and supplies etc). Had he been a strict conservative Gold Standard, hard money politician only, he would not have been able to fund the war. By the time US Grant was in office, they were trying to revert back to hard money, but a new party, the Greenback Party, supported keeping the Greenback because they felt it was better for people that were involved in finance or overseas trade (and for other reasons). You also have people wanting to cause inflation in the money supply by adding silver, which would allow debtors to pay off their debts much easier. Arthur was definitely a conservative in about every sense, except for his aims at Reform, which were generally favored by the more "liberal" wing of his party, but also by both conservative and liberal/populist Democrats. But the short answer, yes, his position was the conservative approach, but it was also the traditional approach. 

Okay thank you for this explanation. I should have ticked off this box as well.

[Take Me to La Riva 0]

That question #2 is quite interesting; i find the corrupt business-first Arthur to be quite similar to Trump in many ways, except that Trump isn't really interested in cleaning up the corruption he is helping proliferate. I reckon the GOP won't be renominating ol' Trumpy, either...

[vcczar 1,224]

We need one more vote on Arthur

[BertieKerter1 0]

Ok, return man 3 hacked I finished the vote.