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Populism and the Election of 1896
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Slide 1

Populism

Populism

& the

Election

of 1896

Slide 2

What were some

What were some

of the major

problems facing

farmers during the

Gilded Age ??

Slide 3

The Silver Issue

The Silver Issue

Crime of 73  demonetization of silver (govt. stopped coining silver).

Bland-Allison Act (1878)  limited silver coinage to $2-$4 mil. per mo. (based on the 16:1 ratio of silver to gold).

Sherman Silver Purchase Act (1890)

The US Treasury must purchase $4.5 mil. oz. of silver a month.

Govt. deposited most silver in the US Treasury rather than circulation.

Slide 4

Populism:

Populism:

An Agrarian

Revolt

Slide 5

Price Indexes for Consumer & Farm Products: 1865-1913

Price Indexes for Consumer & Farm Products: 1865-1913

Slide 6

Founder of the National Grange of the Patrons of Husbandry (1867)

Founder of the National Grange of the Patrons of Husbandry (1867)

Slide 7

The Grange Movement

The Grange Movement

First organized in the 1870s in the Midwest, the south, and Texas.

Set up cooperative associations.

Social and educational components.

Succeeded in lobbying for Granger Laws.

Rapidly declined by the late 1870s.

Slide 8

Supreme Court Decisions

Supreme Court Decisions

Munn vs. Illinois (1877)

Wabash, St. Louis, & Pacific Railroad Company vs. Illinois (1886)

Slide 9

Gift for the Grangers:

Gift for the Grangers:

The Farmer Pays for All!

Slide 10

The Farmers Alliances

The Farmers Alliances

Begun in the late 1880s (Texas first  the Southern Alliance; then in the Midwest  the Northern Alliance).

Built upon the ashes of the Grange.

More political and less social than the Grange.

Ran candidates for office.

Controlled 8 state legislatures & had 47 representatives in Congress during the 1890s.

Slide 11

United We Stand, Divided We Fall

United We Stand, Divided We Fall

In 1889 both the Northern and Southern Alliances merged into onethe Farmers Alliance.

Slide 12

The Populist (Peoples) Party

The Populist (Peoples) Party

1890 Bi-Election:

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