The Populists 1890s
Farmers Alliances & the Grange <ul><li>Agricultural Wheel (Arkansas), Farmers Union (Louisiana), Farmers Alliance </li></...
National Grange <ul><li>Munn v. Illinois (1877): regulated grain storage rates </li></ul><ul><li>Wabash v. Illinois (188...
Populist Party <ul><li>Various movements combined to form the Populist Party in 1892. </li></ul><ul><li>Omaha Platform ...
Election of 1892 <ul><li>James B. Weaver 8.5% of popular vote </li></ul><ul><li>Won some seats in House and Senate…no rea...
Panic of 1893 <ul><li>Reading Railroad files for bankruptcy </li></ul><ul><ul><li>Dependent banks/companies also collapse ...
Election of 1896 <ul><li>Candidates: </li></ul><ul><ul><li>William Jennings Bryan (Democrats) </li></ul></ul><ul><ul><ul><...
Silver <ul><li>“Crime of 1873” Silver Demonetized </li></ul><ul><ul><li>Checked inflation, angering heavily indebted farme...
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Populists new and improved!

Published on: Mar 4, 2016
Published in: Business      News & Politics      
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Transcripts - Populists new and improved!

  • 1. The Populists 1890s
  • 2. Farmers Alliances & the Grange <ul><li>Agricultural Wheel (Arkansas), Farmers Union (Louisiana), Farmers Alliance </li></ul><ul><li>Greenback Party </li></ul><ul><li>Alliance Movement </li></ul><ul><ul><li>National Colored Farmers Alliance </li></ul></ul><ul><ul><li>National Women’s Alliance (1891) </li></ul></ul>
  • 3. National Grange <ul><li>Munn v. Illinois (1877): regulated grain storage rates </li></ul><ul><li>Wabash v. Illinois (1886): states can not regulate interstate railroad rates </li></ul><ul><li>Interstate Commerce Act (1887): formed the Interstate Commerce Commission. Railroads lobbied state governments and repealed Grange laws. </li></ul>
  • 4. Populist Party <ul><li>Various movements combined to form the Populist Party in 1892. </li></ul><ul><li>Omaha Platform </li></ul><ul><ul><li>Tariff reduction </li></ul></ul><ul><ul><li>Graduated income tax </li></ul></ul><ul><ul><li>Public ownership of railroads </li></ul></ul><ul><ul><li>Direct election of Senators </li></ul></ul><ul><ul><li>Federally funded irrigation research </li></ul></ul><ul><ul><li>Ban on land ownership for aliens </li></ul></ul><ul><ul><li>Free coinage of silver </li></ul></ul><ul><ul><li>Laws allowing farmers to store goods in federal warehouses </li></ul></ul><ul><ul><li>Low interest loans with crops as collateral </li></ul></ul>
  • 5. Election of 1892 <ul><li>James B. Weaver 8.5% of popular vote </li></ul><ul><li>Won some seats in House and Senate…no real power  …(like William Peffer!) </li></ul><ul><li>Grover Cleveland won and repainted the White House. </li></ul>
  • 6. Panic of 1893 <ul><li>Reading Railroad files for bankruptcy </li></ul><ul><ul><li>Dependent banks/companies also collapse </li></ul></ul><ul><ul><li>Stock market crash </li></ul></ul><ul><ul><li>European investors pull out stocks </li></ul></ul><ul><ul><li>Worsened agricultural depression </li></ul></ul><ul><ul><ul><li>Increased Political involvement of agricultural community </li></ul></ul></ul>
  • 7. Election of 1896 <ul><li>Candidates: </li></ul><ul><ul><li>William Jennings Bryan (Democrats) </li></ul></ul><ul><ul><ul><li>“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” </li></ul></ul></ul><ul><ul><ul><li>William McKinley (Republican) favored gold standard, more conservative </li></ul></ul></ul><ul><ul><ul><li>McKinley wins!!! </li></ul></ul></ul>
  • 8. Silver <ul><li>“Crime of 1873” Silver Demonetized </li></ul><ul><ul><li>Checked inflation, angering heavily indebted farmers </li></ul></ul><ul><ul><li>Resumption Act 1875 brought paper money to parity with gold </li></ul></ul>

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