The presidency of Ulysses S. Grant began on March 4, 1869, when Ulysses S. Grant was inaugurated as the 18th president of the United States, and ended on March 4, 1877. On March 4, 1869, Grant was sworn in as the eighteenth president of the United States by Chief Justice Salmon P. Chase. At age forty-six, he was the youngest president yet elected. Public outcry increased when General Sheridan defended Baker's actions. Secretary Richardson sold gold to pay for $14 million in federal bonds. Two months later, the Panic of 1873, collapsed the national economy. On September 17, the stock market crashed, followed by the New York Warehouse & Security Company, September 18, and the Jay Cooke & Company, September 19, both going bankrupt.
no
no