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Do Now: The Law of Supply and Demand Worksheet. OBJECTIVE: IDENTIFY THE PROBLEMS FARMERS FACED AND THEIR COOPERATIVE EFFORTS TO SOLVE THEM. Causes of Populism. What were some of the major problems facing farmers at the turn of the century?. I. FARMER’S PLIGHT.
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Do Now: The Law of Supply and Demand Worksheet OBJECTIVE: IDENTIFY THE PROBLEMS FARMERS FACED AND THEIR COOPERATIVE EFFORTS TO SOLVE THEM
Causes of Populism
What were some of the major problems facing farmers at the turn of the century?
I. FARMER’S PLIGHT • Population needs food Farmers planted more crops • Problems – • supply exceeds demand (prices of crops decrease). • RR rates same, new machine prices rise. • Farmers buy more land & equipment- prices fall even more! • Take out loans, lose farms!
UNFAIR- everyone else makes money off of the farmers who work all day and are in debt! • Merchants make money- sold farm equipment • Bankers who lent $, make $ off of loans and mortgages • RXR who ship make $. • There are property taxes- not really income taxes....
Written by a Farmer at the End of the 19c When the banker says he's brokeAnd the merchant’s up in smoke,They forget that it's the farmer who feeds them all.It would put them to the testIf the farmer took a rest;Then they'd know that it's the farmer feeds them all.
Recap of Problems • Falling Prices for Crops • Inability to repay loans • Excessive railroad prices
Objective: Explain what the farmers’ movement hoped to achieve and what weakened their efforts • Do Now: Review Plight of Farmers
II. FARMER’S ORGANIZE • Joined local organizations to assist them in day to day struggles. Form nationwide movement • Want: Reform RR and banking practices.
Grange Movement- Founder Oliver Hudson Kelley • National Grange- 1867 • Form cooperatives- groups of farmers pool their resources to buy equipment & sell goods (large amount = cheaper price). Sold products directly to big city markets.
Main focus- state laws regulation RR freight/grain-storage rates. (Granger laws) • 1870- Granger Laws passed. RR companies challenge these Granger laws - Wabash V. Illinois-state gov’t had no power to regulate traffic that moved across state boundaries. (interstate). So, again, no laws protecting farmers.
So, the fed gov steps in -Interstate Commerce Act- 1887- Federal regulation of RR and interstate commerce. • Interstate Commerce Commission- (ICC) monitor RR- but little power to enforce its rulings. Courts always rule in favor of RR.
III. The Alliance Movement • Farmers’ Alliance- (similar to Nat’l Grange)Leader Mary Elizabeth Lease. • Graduated income tax. Also, wanted cooperatives, low cost insurance, tougher banks regulations, gov’t ownership of RRs.
United We Stand, Divided We Fall • In 1889 both the Northern andSouthern Alliancesmerged into one—the Farmers’ Alliance.
Objective: Discuss why farmers supported money backed by silver and how it affects the economy • Read: Money hand out.
IV. THE MONEY QUESTION • Issue-Want expansion of money supply. Print more greenbacks (paper $) • Why do they want an increase in the amount of $ in circulation?- (charge more for their products, easier to pay off bank loans, easier to get a loan).
Background-Greenbacks originally redeemable for either gold or silver coins. In 1873, Congress voted to stop coining silver and convert to the Gold Standard. Each dollar equal to & redeemable for set amount of gold. • So amount of $ in circulation, limited by the amount of gold held in the US treasury.
Results of government using the gold standard - decrease amount of $ in circulation, lowering of prices, harder to get loans/pay back loans. Many farmers demanded silver.
So, Congress passed the Bland-Allison Act in 1878 -Sherman Silver Purchase Act in 1890 to pacify the alliance- buy silver each month, coins. But bought so little silver, didn’t add to $ supply. • So, farmers vote/take seats in Congress and governorships, etc. Vote for anyone that supports their cause.
V. A DECADE OF POPULIST POLITICS • Pleased by success, want to form a political party. • The Populist Party- People’s party. • Called for (wanted) - graduated income tax, bank regulation, gov ownership of RR & telegraph companies, free or unlimited coinage of silver. Restrictions on immigration, shorter workday, voting reforms.
The Populist (Peoples’) Party • Founded by James B. Weaverand Tom Watson. • Omaha, NE Convention in July,1892. • Got almost 1 million popularvotes. • Several Congressional seatswon. James B. Weaver, Presidential Candidate &James G. Field, VP
Omaha Platform of 1892 • Direct election of Senators. • Gov. ownership of RRs, telephone & telegraph companies. • Gov.-operated postal savings banks. • Restriction of undesirable immigration. • 8-hr work day for government employees. • Abolition of the Pinkerton detective agency. • Australian secret ballot. • Re-monitization of silver. • A single term for President & V.P.
Some Success- 1892 -elected more than 10 party members to Congress, numerous state leaders. • Economic Depression-Many Causes but President Cleveland blamed theSherman Silver Purchase Act. Congress repealed the law.
Results of Populism Recap • New ideas that later became law • Political forum for addressing special interests • Message of hope to downtrodden
Objective: Evaluate the significance of the Populist in the Election of 18 96 • Do Now: Recall three things the Populists wanted
VI. THE ELECTION OF 1896 • Silver central issue. • William McKinley- Ohio gov, Republican, Gold standard. • Split Democratic Party- nominated free silver supporter William Jennings Bryan- Populist Party nominated him too. • McKinley wins....
VII. THE END OF POPULISM- Why? • Business leaders contributed millions to Republican campaign. • People don’t switch their parties • Free silver too weak an issue for national campaign • Workers and immigrants found nothing to appeal to them. • Defeat, and conditions improve anyway. • Democrats take some of Populist ideas as their own.
The 1896 Election The First Modern Election- why?
William Jennings Bryan (1860-1925) The “Great Commoner”
William Jennings Bryan Prairie avenger, mountain lion, Bryan, Bryan, Bryan, Bryan, Gigantic troubadour, speaking like a siege gun, Smashing Plymouth Rock with his boulders from the West. • Revivalist style of oratory.
Bryant’s“Cross of Gold” Speech You shall not press down upon the brow of labor this crown of thorns; you shall not crucify mankind upon across of gold!
Bryan: The Farmers Friend(The Mint Ratio) 18,000 miles of campaign “whistle stops.”
Dem. Party Taken Over by the Agrarian Left Platform tariff reductions; income tax; strictercontrol of the trusts (esp. RRs); free silver.
The Seasoned Politician vs. The “Young” Newcomer
Gold Triumphs Over Silver • 1900 GoldStandard Act • confirmed thenation’s commitment tothe gold standard. • A victory for the forces ofconservatism.
“Parable of the Populists”? • Tornado ? • Dorothy ? • Kansas ? • Wicked Witch of theEast ? • Tin Woodsman ? • Scarecrow ? • Cowardly Lion ? • Yellow Brick Road ? • Silver Slippers ? • Emerald City ? • Oz ? • The Wizard ? • Munchkins ? • Wicked Witch of the West ? • Flying Monkeys ?
Slide Design and Pictures from Ms. Susan M. PojerHorace Greeley HS Chappaqua, NY