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FARMERS AND THE POPULIST MOVEMENT

In the late 1800's, farmers faced increasing costs and decreasing crop prices. 1. Why had farming become unprofitable during this period?. Increased supply created falling crop pricesHigh transportation and storage costsLack of good landRailroad corruption. 2. Why did farmers support ?bimetallism

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FARMERS AND THE POPULIST MOVEMENT

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    2. In the late 1800’s, farmers faced increasing costs and decreasing crop prices

    3. 1. Why had farming become unprofitable during this period? Increased supply created falling crop prices High transportation and storage costs Lack of good land Railroad corruption

    4. 2. Why did farmers support “bimetallism” or “free silver”? To bring about inflation & “cheap” money Crop prices would rise Debts would be repaid in money that had lost value

    5. In 1892, farmers and farm organizations, such as the Grange, found support in Populism and the People’s Party

    6. 3. What economic reforms did the People’s Party call for? Increase in the money supply Graduated income tax Federal loan program

    7. 4. What political reforms did the party call for ? Election of US Senators by popular vote Single terms for President & Vice President Secret Ballot 8 hr. work day Immigration restrictions (decrease the competition for labor)

    8. In 1896, the Populists supported presidential candidate William Jennings Bryan.

    9. 5. What factors did Bryan & the Populists see as opposing forces in the presidential election of 1896? City dwellers vs. farmers Businessmen / Bankers vs. Farmers / Laborers Northeast vs. South & West Republicans vs. Democrats Gold Bugs vs. Silverites

    10. 6. In what ways did the results of the 1896 election confirm this view? McKinley, a conservative Republican, won with the votes of the urban, industrial East & Mid-West Bryan lost while carrying the South and rural farmers votes

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