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Published byDarren Pearson Modified over 9 years ago
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THE POPULISTS The farmers fight for their rights! Raise more hell and less corn! - Mary Elizabeth Lease
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ORIGINS OF THE POPULISTS The Grange – 1865 Regulation of RR rates Easy credit Formation of cooperatives Knights of Labor – 1869 8-hour workday Improved working conditions
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ORIGINS OF THE POPULISTS Greenback Party – 1874 Inflated currency Greater supply of money Farmers’ Alliances (1870-1880’s) Regulation of RR rates Easy Credit Greater supply of money Subtreasury based on crops Graduated income tax Secret ballot Direct election of senators
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THE POPULIST PLATFORM 1892 Unlimited silver (16:1) Graduated Income Tax (Amend 16) Government ownership of RR, telephone and telegraph lines Direct election of Senators (Amend 17) Lower tariff rates Secret Ballot (Australian ballot) 8 hour workday and better conditions Subtreasury Immigration restrictions Initiative, Referendum, Recall
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THE VOICE OF THE POPULISTS “You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.” – Williams Jennings Bryan
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BIMETALLISM Demonetization Act of 1873 (Crime of ’73) – eliminated silver as currency Bland Allison Act (1878) – Government would buy silver on market and issue paper based on silver. Sherman Silver Purchase Act (1890) – decreased amount of silver purchased by government
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THE POPULISTS & THE WIZARD OF OZ?
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