[The Sequel of Appomattox by Walter Lynwood Fleming]@TWC D-Link bookThe Sequel of Appomattox CHAPTER XIII 24/32
In so far as the South was concerned, it was a fortunate settlement better, indeed, than if Tilden had been inducted into office.
The remnants of the reconstruction policy were surrendered by a Republican President, the troops were soon withdrawn, and the three radical states fell at once under the control of the whites.
Hayes could not see in his election any encouragement to adopt a vigorous radical position, and Congress was deadlocked on party issues for fifteen years.
As a result the radical Republicans had to develop other interests, and the North gradually accepted the Southern situation. Although the radical policy of reconstruction came to an end in 1877, some of its results were more lasting.
The Southern States were burdened heavily with debt, much of which had been fraudulently incurred. There now followed a period of adjustment, of refunding, scaling, and repudiation, which not only injured the credit of the states but left them with enormous debts.
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