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The Wizard of Oz A Populist Allegory?. Mr. Bach Hudson High School United States History. What Gives a Dollar Value?. Today? Late 19 th Century?. East Coast Bankers (Rich) Creditors (They have provided loans to farmers for land, seed, machinery, etc.) Back the Gold Standard
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The Wizard of OzA Populist Allegory? Mr. Bach Hudson High School United States History
What Gives a Dollar Value? • Today? • Late 19th Century?
East Coast Bankers (Rich) Creditors (They have provided loans to farmers for land, seed, machinery, etc.) Back the Gold Standard Want the amount of currency in U.S. to stay fixed or low growth. Plains Farmers (Poor) Debtors (They have taken out loans that they must pay back) Back the Free Coinage of Silver Want the amount of currency in the U.S. to expand 19th Century Monetary Fight
“The Cross of Gold” • William Jennings Bryan (1896 Democratic Candidate for President) • “You Shall Not Crucify Mankind Upon a Cross of Gold!”
The Wonderful Wizard of Oz • Published in 1900 by L. Frank Baum