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The Wonderful Wizard of Oz

The Wonderful Wizard of Oz. The Battle over Free Silver vs. Gold Standard . The Debate. Free Silver More money Pay off debts inflation Gold Standard Money back by gold Made it more valuable Less money in circulation deflationary. The Supporters. Silver Populists

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The Wonderful Wizard of Oz

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  1. The Wonderful Wizard of Oz The Battle over Free Silver vs. Gold Standard

  2. The Debate • Free Silver • More money • Pay off debts • inflation • Gold Standard • Money back by gold • Made it more valuable • Less money in circulation • deflationary

  3. The Supporters • Silver • Populists • Northern farmers and southerners • Westerners • William Jennings Byan • 1896 election • “Cross of Gold” speech • Gold • Republicans • Indutrialists/Capitalists

  4. 1900 Presidential Election • Bryan: Democrat • Anti-imperialist • Free Silver • William McKinley: Republican • Pro-War • Gold Standard • Bryan attacked • Unpatriotic • Drops anti-imperialist stance • Pushes Silver issue • Loses

  5. Frank Baum • Populist • Supports Silver • Publishes “The Wizard of Oz” in April 1900 • In the midst of election • Extremely popular • Doesn’t help Bryan • Does help state elections

  6. The Elections of 1884 • Blaine (Rep.) v. Cleveland (Dem.) • Mugwumps • Liberal Republicans that leave party and join Democrats • “Rum, Romanism, and rebellion” • Seen as slander on Catholic church • Cleveland WINS

  7. Cleveland Presidency • Well liked by most • Went up against politicians, pressure groups, and Tammany Hall • Tariff Issue • Want to lower tariff to curb abuses of Congress • Republicans wanted it raised • Becomes issue in 1888 election

  8. Election of 1888 & 1892 • 1888 • Cleveland loses electoral vote to Benjamin Harrison but wins popular vote • 1890 mid-terms • Democrats sweep Congress • 1892 • Cleveland wins • Only president voted out and back in 4 yrs later

  9. Panic of 1893 • Railroads and Loans from England • Took them out to pay for expansions • British hard times • Call in loans • Reading and Philadelphia RR fail • Stock Market Crashes • Hard times • Especially for farmers

  10. Coxey’s Army • Jacob Coxey • Advocates the creation of public works programs to put people to work • 500 march on Washington with petition • Kept out of capital by armed police • Congress ignores them • WHY? • radicalism

  11. Election of 1896 • McKinley (Rep.) vs. Bryan (Dem.) • Big Issue is the Gold Standard vs. Free Silver • Thousands donated to McKinley by businessmen • Fear of free silver and inflation • McKinley Wins

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