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Agricultural Problems and Gilded Age Politics. Problems of the American Farmer During the Gilded Age. Overproduction Tariff Policy Monetary Policy Hard Money vs. Soft Money Gold vs. Silver “Greenbacks” Inflation vs. Deflation/Money Supply Tax and Bank Policies Differential Freight Rates
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Problems of the American Farmer During the Gilded Age • Overproduction • Tariff Policy • Monetary Policy • Hard Money vs. Soft Money • Gold vs. Silver • “Greenbacks” • Inflation vs. Deflation/Money Supply • Tax and Bank Policies • Differential Freight Rates • Tenant Farming and Share-Cropping • Loss of Status and Power
The Government • Laissez-Faire: The Government was unresponsive to agrarian needs.
The Agrarian Reaction • The Grange Self-Help Cooperatives (Patrons of Husbandry) • The Farmers’ Alliances • The Populist Party
Populist Party Platform (1892) • Australian (or Secret) Ballot • Popular Election of U.S. Senators • 17th Amendment • Direct Democracy • Initiative • Referendum • recall • Banking Reform • Federal Reserve System (1913) • Government Ownership of the Railroads • Graduated Income Tax • 16th Amendment • Free and Unlimited Coinage of Silver • Increase money supply=Inflation