CPQ-10/18/2017-30 words! What were the basic beliefs of the populist party? And what type of people supported this party?

Farm Issues and Populism Notes 10.4

Farmers Face Economic Difficulties Increase in the supply of crops made prices decrease Railroads charged high prices on shipping Farmers took out loans, but banks inflated interest rates

Farmers Seek Change Through Alliances Grange movement - network of farmer’s alliances that worked to advocate for laws favorable to farmers laws with price caps on shipping and grain storage

Farmers Seek Change Through Alliances Farmer’s Alliance began to connect local organizations to work to lower railroad shipping rates and bank interest rates Alliances established cooperatives where they could ship crops in bulk and receive lower rates separated by race

The Beginnings of Populism People’s party, party from people up Platform- danger of political corruption, low money supply, and an unresponsive government Tried top connect with labor unions

The Beginnings of Populism Populism gained power and elected many state positions Argued against racial discrimination

Populism’s Declining Influence Economic depression made people against big business Populist supporter, William Jennings Bryan, ran for President as a Democratic Gave “Cross of Gold” speech, free silver

Populism’s Declining Influence Bryan personally campaigned during election of 1896, unlike any other candidate McKinley made Bryan look like a threat to the republic

Populism’s Declining Influence McKinley won in 1896 and 1900 over Bryan, Populist party did not gain power Populism was short-lived but encouraged other 3rd parties, such as progressives