Published on February 26, 2008
Author: english9
Source: slideshare.net
The Populists 1890s
Farmers Alliances & the Grange Agricultural Wheel (Arkansas), Farmers Union (Louisiana), Farmers Alliance Greenback Party Alliance Movement National Colored Farmers Alliance National Women’s Alliance (1891)
Agricultural Wheel (Arkansas), Farmers Union (Louisiana), Farmers Alliance
Greenback Party
Alliance Movement
National Colored Farmers Alliance
National Women’s Alliance (1891)
National Grange Munn v. Illinois (1877): regulated grain storage rates Wabash v. Illinois (1886): states can not regulate interstate railroad rates Interstate Commerce Act (1887): formed the Interstate Commerce Commission. Railroads lobbied state governments and repealed Grange laws.
Munn v. Illinois (1877): regulated grain storage rates
Wabash v. Illinois (1886): states can not regulate interstate railroad rates
Interstate Commerce Act (1887): formed the Interstate Commerce Commission. Railroads lobbied state governments and repealed Grange laws.
Populist Party Various movements combined to form the Populist Party in 1892. Omaha Platform Tariff reduction Graduated income tax Public ownership of railroads Direct election of Senators Federally funded irrigation research Ban on land ownership for aliens Free coinage of silver Laws allowing farmers to store goods in federal warehouses Low interest loans with crops as collateral
Various movements combined to form the Populist Party in 1892.
Omaha Platform
Tariff reduction
Graduated income tax
Public ownership of railroads
Direct election of Senators
Federally funded irrigation research
Ban on land ownership for aliens
Free coinage of silver
Laws allowing farmers to store goods in federal warehouses
Low interest loans with crops as collateral
Election of 1892 James B. Weaver 8.5% of popular vote Won some seats in House and Senate…no real power …(like William Peffer!) Grover Cleveland won and repainted the White House.
James B. Weaver 8.5% of popular vote
Won some seats in House and Senate…no real power …(like William Peffer!)
Grover Cleveland won and repainted the White House.
Panic of 1893 Reading Railroad files for bankruptcy Dependent banks/companies also collapse Stock market crash European investors pull out stocks Worsened agricultural depression Increased Political involvement of agricultural community
Reading Railroad files for bankruptcy
Dependent banks/companies also collapse
Stock market crash
European investors pull out stocks
Worsened agricultural depression
Increased Political involvement of agricultural community
Election of 1896 Candidates: William Jennings Bryan (Democrats) “Cross of the Gold Speech” against gold standard, favored monetization of silver “We have restored the money of the Constitution, all other necessary reforms will be possible; but…until this is done there is no other reform that can be accomplished” William McKinley (Republican) favored gold standard, more conservative McKinley wins!!!
Candidates:
William Jennings Bryan (Democrats)
“Cross of the Gold Speech” against gold standard, favored monetization of silver “We have restored the money of the Constitution, all other necessary reforms will be possible; but…until this is done there is no other reform that can be accomplished”
William McKinley (Republican) favored gold standard, more conservative
McKinley wins!!!
Silver “Crime of 1873” Silver Demonetized Checked inflation, angering heavily indebted farmers Resumption Act 1875 brought paper money to parity with gold
“Crime of 1873” Silver Demonetized
Checked inflation, angering heavily indebted farmers
Resumption Act 1875 brought paper money to parity with gold
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