In a market economy, the interaction of supply and demand determines the quantity and equilibrium price of the goods and services traded. Likewise, the market is responsible for the distribution of income through the possession of productive factors (capital, labor, etc.). In a market economy, the key signals are prices, which indicate the relative scarcity of resources.
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Northern anger over the assassination of Lincoln and the immense human cost of the war led to demands for punitive policies. Vice President Andrew Johnson had taken a hard line and spoke of hanging Confederates, but when he succeeded Lincoln as president, Johnson took a much softer position, pardoning many Confederate leaders and former Confederates.[78] Former Confederate President Jefferson Davis was held in prison for two years, but other Confederate leaders were not. There were no trials on charges of treason. Only one person—Captain Henry Wirz, the commandant of the prison camp in Andersonville, Georgia—was executed for war crimes. Andrew Johnson's conservative view of Reconstruction did not include the involvement of blacks or former slaves in government and he refused to heed Northern concerns when Southern state legislatures implemented Black Codes that set the status of the freedmen much lower than that of citizens.[9]
Smith argues that "Johnson attempted to carry forward what he considered to be Lincoln's plans for Reconstruction."[79] McKitrick says that in 1865 Johnson had strong support in the Republican Party, saying: "It was naturally from the great moderate sector of Unionist opinion in the North that Johnson could draw his greatest comfort."[80] Billington says: "One faction, the moderate Republicans under the leadership of Presidents Abraham Lincoln and Andrew Johnson, favored a mild policy toward the South."[81] Lincoln biographers Randall and Current argued that:
It is likely that had he lived, Lincoln would have followed a policy similar to Johnson's, that he would have clashed with congressional Radicals, that he would have produced a better result for the freedmen than occurred, and that his political skills would have helped him avoid Johnson's mistakes.[82]
Historians generally agree that President Johnson was an inept politician who lost all his advantages by unskilled maneuvering. He broke with Congress in early 1866 and then became defiant and tried to block enforcement of Reconstruction laws passed by the U.S. Congress. He was in constant conflict constitutionally with the Radicals in Congress over the status of freedmen and whites in the defeated South.[83] Although resigned to the abolition of slavery, many former Confederates were unwilling to accept both social changes and political domination by former slaves. In the words of Benjamin Franklin Perry, President Johnson's choice as the provisional governor of South Carolina: "First, the Negro is to be invested with all political power, and then the antagonism of interest between capital and labor is to work out the result."[84]
However, the fears of the mostly conservative planter elite and other leading white citizens were partly assuaged by the actions of President Johnson, who ensured that a wholesale land redistribution from the planters to the freedmen did not occur. President Johnson ordered that confiscated or abandoned lands administered by the Freedmen's Bureau would not be redistributed to the freedmen but would be returned to pardoned owners. Land was returned that would have been forfeited under the Confiscation Acts passed by Congress in 1861 and 1862.
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Tyranny was the process that <span>took city-states from monarchy to aristocracy and, in Athens, to democracy.</span>
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The Significance of Dred Scott v Sanford is that the decision was a landmark decision during the time, as it delcared that all African-American, regardless of freed or enslaved status, were not to be declared legal citizens of the United States. It also declared the Missouri Compromise unconstitutional. While it was intended to settle the slavery debate and tensions going on at the time, it instead deepened tensions between the abolitionist North and pro-slavery South that would eventually lead to Civil War. In contemporary times, Dred Scott is considered one of, if not the worst Supreme Court ruling in the Supreme Courts history.
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