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- Subject: HIST:How Capitalists Rule/Pt.5/WW
- Message-ID: <1992Jul24.203806.27794@mont.cs.missouri.edu>
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- Date: Fri, 24 Jul 1992 20:38:06 GMT
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- Via The NY Transfer News Service ~ All the News that Doesn't Fit
-
- Republocrats/5: WAR DEMOCRATS & COPPERHEADS
-
-
- The Democrats and Republicans: Part Five
-
- WAR DEMOCRATS AND COPPERHEADS
-
- By Vince Copeland
-
-
- When the Civil War began, the more patriotic and revolutionary
- Democrats at first stayed in the same party with the
- counter-revolutionary Copperheads, merely calling themselves "War
- Democrats."
-
- Edwin Stanton, Lincoln's radical secretary of war, was one of
- these. Andrew Johnson, governor of Tennessee and vice president in
- 1864, was another. In fact, he proved to be an abject appeaser of
- the old slave owners when he later became president after
- Lincoln's assassination.
-
- In 1864 the Democrats ran General George McClellan against
- Lincoln, who had to run on a coalition ticket: the National Union
- Republicans. McClellan had been chief of the Union forces but
- never really won a battle; in fact, he hesitated to get into a
- fight, being himself a compromiser with slavery.
-
- The main Democratic campaign slogan in 1864 was, "The Union as it
- was and the Constitution as it is." This meant: reconstitute the
- slave owners' Union, call the war off, and keep the Black people
- enslaved.
-
- Nevertheless, McClellan got 2.7 million votes to Lincoln's 3
- million. And this was in the North! While the anti-slave voters
- were in the majority, the figures give only the palest reflection
- of the intensity of the struggle.
-
- If the Southern white supremacists had been counted (and not the
- slaves), a clear majority would have been against the Civil War.
- So much for the constitutional verities and formal democracy.
-
- Johnson tries counter-revolution
-
- Vice President Andrew Johnson, the "War Democrat," became
- president after Lincoln's assassination in April 1865. He
- proceeded to pardon many of the key figures of the Southern
- counter-revolution who had been taken into custody with the
- military victory of the North. The former slave owners were
- emboldened by this and began to reimpose slave conditions on the
- freed Black masses.
-
- Feeling his isolation in the North, Johnson called a big
- conference in Pennsylvania in 1866 to get Northern support for his
- program of reconciliation. The merchant banks and the New York
- Times gave strong support to this convention. But it was
- short-lived.
-
- It was short-lived because the national elections of 1866 returned
- a larger proportion of Radical Republicans to Congress, the
- Northern population correctly feeling that the Democratic
- president was taking away their victory. There were several
- currents pushing this vote, but one, undoubtedly, was a genuine
- and still militant sympathy for the freed slaves.
-
- The changed relation of forces in Congress led to the famous
- showdown between Congress and the president which has produced so
- many maudlin stories depicting Johnson as the victimized underdog
- whose impeachment, which lost by just one vote, was an insult to
- civilization and a virtual burning at the stake.
-
- Election of 1868
-
- Johnson's impeachment and subsequent trial were merely the end
- result of his collaboration with the defeated slave masters and
- were only remotely connected with the legalistic side of the
- offense he had committed, which had to do with demoting the
- militant secretary of war. His real offense was infinitely
- greater: betraying the revolution of which he was supposed to be a
- leader.
-
- Thus Congress in reality set up a dictatorship--and an
- "unconstitutional" dictatorship at that, according to all its
- opponents, who at that time were mostly Democrats. But it was in
- reality the dictatorship of the middle class, who together with
- the ex-slaves made up the real majority of the whole country.
-
- It is true that most of the purely industrial capitalists of the
- North were behind the Republican Party and were opposed to the
- pro-Southern New York banks. But there is not the slightest
- question that congressional Radical Republicans Thaddeus Stevens,
- Ben Wade and Charles Sumner were to the left of most
- industrialists, and far to the left of the Democratic New York
- bankers.
-
- They took the revolution--in its legal forms--much farther than
- the bankers and businessmen would have if left to themselves.
- Nevertheless, because the crushing of Southern ruling-class
- political power was now so directly in the interest of these
- bankers and business people, the congressional dictatorship,
- "unconstitutional" though it was, and pro-Black as it never was
- before nor has been since, was for the moment successful.
-
- Wall Street was pulled along. Its preponderant elements felt they
- could not act against the Radicals at this moment without injuring
- their own interests.
-
- Grant, the unlikely Radical
-
- However, Wall Street did want to moderate or at least control the
- Reconstruction as soon as possible. And whereas the political
- instrument of the radical middle class was Congress, the handiest
- instrument of big business was the presidency. Like business, it
- was getting more centralized and easier to manipulate by a small,
- powerful capitalist clique. But the wealthiest capitalists of the
- North, including many Democrats who had turned Republican for the
- war and its profits, had a problem.
-
- Enormously enriched and far more powerful economically than before
- the war, they were at last convinced that they could run the
- national ship of state alone without the Southern rulers and get
- their business anyway. The problem was to find a president who
- would appeal to this radical middle class and the voting ex-slaves
- and radical whites of the South, and yet represent Wall Street
- rather than the Radicals. How could they, in other words, take the
- first careful steps in cutting down the Radical dictatorship of
- Congress?
-
- They found the answer, not in another conciliatory politician like
- Andrew Johnson, but in the general who had led the Radicals as
- well as Wall Street to victory in the war.
-
- There can be no doubt about their manipulation of the election.
- The first public meeting to float the candidacy of General Ulysses
- S. Grant was held not in his home state of Indiana, nor among the
- Black revolutionaries who were taking over the Sea Island
- plantations in Georgia, nor among the anti-Wall Street mill owners
- or farmers of Western New York and Ohio.
-
- It was held in New York City early in December 1867 and was
- sponsored by the same Astors who had tried to defeat Lincoln in
- 1860. Cornelius Vanderbilt, soon to displace the Astors for the
- dubious honor of the richest man in America, was there. So were
- Peter Cooper, Daniel Drew, Levi P. Morton (later a Morgan partner
- and a vice president of the United States), Moses Taylor and Moses
- Grinell--all bankers and/or big capitalists. Several had opposed
- Lincoln in 1860, even though he was still only a moderate at that
- time, and supported his reactionary opponents.
-
- Grant campaign
-
- Big money joined with big professionalism to put Grant over.
- Republican chairman Thurlow Weed, once the indefatigable political
- manager for William Seward and a campaign leader for Lincoln, now
- busy playing the stock market with tips supplied by the
- Vanderbilts, worked happily with the people who had supported the
- anti-slavery struggle the least and profited from it the most.
-
- This almost 20th-century politician promised to get Grant elected
- if he would say nothing and write nothing. And with a fat campaign
- fund, Weed did. The voting masses could be pardoned for thinking
- that Grant, the victor in their war, would also support their
- program in peace.
-
- Wall Street put up hundreds of thousands of dollars for the Grant
- campaign. The Jay Cooke brokerage house--one of the few that was
- Republican from the start--supplied at least $30,000 and possibly
- as much as $50,000, an amount larger than any total presidential
- campaign fund before 1860.
-
- Wall Street had now changed from junior partner to senior partner
- in the affairs of the Republic, with the Southern masters
- considerably more junior than Wall Street had been before. But
- this economic fact was not completely expressed in Washington
- politics. That is, the progressive North, in general, along with
- its revolutionary Black ally in the South, was in charge, but not
- yet Wall Street itself.
-
- Grant's job was to change that. But he did not immediately do so.
- He could not. The continuing rule of the Radicals in Washington,
- with the best of them pushing for the division of the old
- plantations among those who had worked them, pulled Grant along in
- its wake.
-
- Besides not wanting to enjoy the same fate as Andrew Johnson,
- Grant knew he could support Black Liberation without antagonizing
- the majority of Northern capitalists, who now recognized their
- strong interest in definitively disciplining the Southern master
- class. And that interest was becoming clearer all the time.
-
- The big reason why the Grant administration has come down in the
- history books as such a corrupt one is not so much that he was
- hand-in-glove with big business as that he was relatively
- independent of it as far as Black freedom was concerned. That is,
- the Radicals took him over politically, even while the financiers
- got what they wanted economically.
-
- What relative independence Grant could muster came from the fact
- that he and his associates did not just depend upon the golden
- shower of campaign contributions, but received the votes of the
- still radical North and West in addition to the still optimistic
- and enthusiastic freed Black people.
-
- Wall Street could only become the absolute manipulator of
- elections at a later date, and it would take a decade before it
- put its political servants in their proper place, even in the
- presidency, which was so much easier to control than was Congress
- as a whole.
-
- In fact, it would be several decades before civil service reform,
- corporate regulation and other "progressive" devices made it
- possible for the new monopolists to restrain the economic
- racketeers from doing to them what they themselves had done to the
- small capitalists.
-
- Next: Grant and the gold
-
- -30-
-
- (Copyright Workers World Service: Permission to reprint granted if
- source is cited. For more info contact Workers World,46 W. 21 St.,
- New York, NY 10010; "workers@cdp!igc.org".)
-
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