Today we started off on presentations on 5-3.
Farming Problems
-financial = bad
-new ground
-tough sod
-small amounts of good land
-give up land
-prices drop
-more crops
-not enough money
-lost farms
-railroads cost too much
-no competition in RR
-greenbacks
-more to grow than sell
-Bland Allison Act governtment to coin 2 to 4 million every year
-farmers fought the RR companies
-speakers town to town
-4 million members
-cfa 250,000
Populist
-Populism - movement of the people
-Omaha , NE
-Higher autority for them
-wanted prices raised
-Graduated income tax - more money = more paid
-federal loan program
-election by popular vote
-single terms for P & VP
-secret ballet
-8 hour work day
-Restrictions on immigration
-struggling farmers
-1892 populist won by 10% of all the votes
-too many debts
- losing gold
-traded money for gold
-droughts
-value of land down
-goldbugs favored gold
-silverites both gold and silver
-McKinley thought to cause inflation
And that was all of section5-3
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