the populist party platform develops
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The Populist Party Platform Develops. Problems facing American Farmers in the late 1800s…. Overproduction. Due to: New and more land being developed New machinery that allowed farmers to farm more land, faster. Overproduction led to…. … Falling prices! WHY? Supply and Demand!. - PowerPoint PPT PresentationTRANSCRIPT
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The Populist Party
Platform Develops
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Problems facing American
Farmers in the late 1800s…
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Overproduction Due to:
New and more land being developed
New machinery that allowed farmers to farm more land, faster
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…Falling prices!
WHY? Supply and
Demand!
Overproduction led to…
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Falling Prices for Farm Products
supply greater than demand
deflation – prices going down
Activity:Calculate a farmer’s profit and
loss as crop prices fluctuate
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Falling prices led to lower incomes
BUT… Farming costs remained high
Mortgage payments stayed the same
Cycle of debt worsened
Interest rates for farmers went up
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Outsiders caused problems for farmers as well
Middlemen were taking much of the profit
RailroadsHad monopolies in certain areasRebates (discounts) were offered
to larger farmers
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Also… the “money issue”
Money was ‘tight’ Gold Standard
Scarcity of gold meant scarcity of money
Value of money went up
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Page 404 in The Americans Gold Bugs Silverites
Who They Were
What They Wanted
Why
Effects
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Quickwrite:
Do think city dwellers would be gold bugs or
silverites? Explain.
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…THEY FORMED UNIONS!
When laborers had problems…
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…THEY FORMED1. LOCAL ALLIANCES
2. NATIONAL GROUPS FOR POLITICAL ACTION
3. THE POPULIST PARTY
When farmers had problems…
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THE POPULIST
PARTY PLATFORM
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Farmers felt the rich ran the country
Wanted more democracy
Not more wealth, more commonwealth
Wanted to change the democratic system
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Goals of Populists: End farmer debt
Give people a greater voice in government
Expand power of Federal government
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Platform of the Populists
Economic Reform:Increase supply of moneyGovernment loan programProgressive, or graduated, income
taxGovernment control of RR and
warehouse prices
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Government Reform:Vote by secret ballot
Election of Senators by popular vote
Right to propose and vote directly on laws
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Government Reform (cont…):Single term for presidentReferendumRecallInitiative
Quickwrite: How would these government reforms give common people more power in government?
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Labor Reform:8-hour workday
Immigration restrictions
No government aid to corporations
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Election of 1896 Who were the candidates?
Reading: A Voice for the Farmers
What were the results?How do they show the continued
regionalism of the U.S.?
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WHAT IS THE LEGACY OF THE
POPULIST PARTY?
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Most influential 3rd party in U.S. political history
Government viewed as responsible for reforming social injustices
Almost all original Populist demands were eventually put into law
Led to the Progressive Movement