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Populism - PowerPoint Presentation

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Populism - PPT Presentation

Rise of Farmers Rural unrest and the national grange From 18601900 the population of the United States doubled At the same time the number of farms tripled Rural unrest and the national grange ID: 467515

farmers silver free grange silver farmers grange free money national railroads populist party coinage gold crops supported increase debate

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Slide1

Populism

Rise of FarmersSlide2

Rural unrest and the national grange

From 1860-1900 the population of the United

States

doubled

.

At the same time the number of farms

tripled

.Slide3

Rural unrest and the national grange

Many farmers needed to borrow money to buy their land and machinery

.

With new machinery, farmers could produce crops much faster

.

The result of more farms and greater productivity

=

Overproduction

.Slide4

rural unrest and the national grange

Overproduction

=

Lower prices for crops

.

Since farmers were making less money, many found it difficult to pay their bills.

Many of those farmers lost their land and machinery.

Many of the farmers began to blame business people.Slide5

The national grange

As conditions grew worse, they began to organize like factory workers had done

.

The National Grange was founded

.

National Grange:

organization dedicated to improving farmers’ lives

Membership grew quickly.Slide6

Fighting the railroads

The National Grange decided to focus on politics and support candidates who supported farmers.

The Grange also wanted to regulate the railroads, which would benefit farmers when shipping crops.Slide7

Fighting the railroads

In 1887 the Interstate Commerce Commission (ICC) was created

.

This ensured that railroads charged fair rates and did not favor big business.Slide8

The free silver debate

In addition to the railroads, farmers were also concerned with money issues

.

Since the 1700’s the US had been following

free coinage

-meaning

that both gold and silver were made into coins. Paper money was worth a specific amount of gold or silver

.In 1873, it changed to the gold standard under which only gold could back US money.Slide9

The free silver debate

Farmers favored coining silver to create

inflation-

an increase in the money supply and rise in prices.

They wanted the price of crops to rise because they thought this would increase their income.

One politician, William Jennings Bryan

supported free silver coinage.Slide10

The Free silver debate

Result of the free silver debate….

Congress increased the amount of silver the government used for coinage, but the money supply did not increase enough to satisfy silver supporters.Slide11

The populist party

Many farmers formed their own political parties to increase their power.

These groups became known as the Farmers’ Alliances

.

The Alliances became known as the

Populist Party

.Slide12

Populist party

Populist Party Goals:

End power of big business over government

Government ownership of

railroads, telephone, and telegraph systems

Free and unlimited coinage of silver

Supported 8 hour work day (to win support of workers)Slide13

Election of 1896

The Populist Party decided to nominate William Jennings Bryan who swept crowds of people with his “Cross of Gold” speech

.

He believed in free silver coinage, which the farmers supported

.

Despite the effort,

William McKinley won the election

and this ended the Populist Party.Slide14