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Published byEleanor Jenkins Modified over 6 years ago
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Farmers Unite Problems: Lack of $ in circulation
High railroad shipping prices Debt Physical Isolation
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Early Efforts for Change
The Grange – to help with isolation and fight railroad monopolies Farmer’s Alliances – 4 million members divided by region. Focus on educating members.
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Demanded reform and a greater voice for farmers and laborers
Populism Demanded reform and a greater voice for farmers and laborers Populist political party develops
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Populism (cont.) Demands: Federal Loans for farmers 8 hour work day
Election of senators by popular vote Graduated income tax Increasing the supply of $$ (to raise prices of agricultural goods)
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Debate over Gold Populists: wanted currency backed by gold and silver
prices rise, value of $ decreases, but people have more $ Gold standard: when money is backed ONLY by gold prices fall, value of $ increases, but people have less $
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End of Populism Populists did not want the common man: “Crucified upon a cross of gold.” Populist ideas adopted by major parties Eventually all were adopted Lasting Legacy: the man can’t keep the people down.
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