Rutherford Birchard Hayes Net Worth

Rutherford Birchard Hayes Net Worth is
$1.7 Million

Rutherford Birchard Hayes Bio/Wiki, Net Worth, Married 2018

Rutherford Birchard Hayes (October 4, 1822 – January 17, 1893) was the 19th President of the United States (1877–1881). As president, he oversaw the end of Reconstruction, began the efforts that led to civil service reform, and attempted to reconcile the divisions left over from the Civil War and Reconstruction.Hayes, an attorney in Ohio, became city solicitor of Cincinnati from 1858 to 1861. When the Civil War began, he left a fledgling political career to join the Union Army as an officer. Hayes was wounded five times, most seriously at the Battle of South Mountain; he earned a reputation for bravery in combat and was promoted to the rank of major general. After the war, he served in the U.S. Congress from 1865 to 1867 as a Republican. Hayes left Congress to run for Governor of Ohio and was elected to two consecutive terms, from 1868 to 1872, and then to a third term, from 1876 to 1877.In 1876, Hayes was elected president in one of the most contentious and confused elections in national history. He lost the popular vote to Democrat Samuel J. Tilden but he won an intensely disputed electoral college vote after a Congressional commission awarded him twenty contested electoral votes. The result was the Compromise of 1877, in which the Democrats acquiesced to Hayes's election and Hayes ended all federal army intervention in Southern politics. That caused the collapse of Republican state governments and, with Democratic disfranchisement of most blacks, first by violence and fraud, and then by law at the turn of the century, led to a one-party Democratic South into the 1960s, giving outsized power for Democratic white conservatives.Hayes believed in meritocratic government, equal treatment without regard to race, and improvement through education. He ordered federal troops to quell the Great Railroad Strike of 1877. He implemented modest civil service reforms that laid the groundwork for further reform in the 1880s and 1890s. He vetoed the Bland-Allison Act, which would have put silver money into circulation and raised prices, insisting that maintenance of the gold standard was essential to economic recovery. His policy toward Western Indians anticipated the assimilationist program of the Dawes Act of 1887.Hayes kept his pledge not to run for re-election, retired to his home in Ohio, and became an advocate of social and educational reform. His biographer Ari Hoogenboom says his greatest achievement was to restore popular faith in the presidency and to reverse the deterioration of executive power that had set in after Lincoln's death.