Ch. 5.3:
i missed part of the presentation because my computer was really slow.
-What problems did farmers face on the Great Plains?
farmers had to pay back more for the money they borrowed because of the greenbacks, paid high prices for transportation of grain, suppliers would charge high rates of interest,
-Who were the Populists and what did they believe in?
it was founded in 1892, it was made up of poor cotton farmers and wheat farmers, their goal was to help the farmers not to be so weighed down with debt and to give them a bigger voice in the government, to form a political party that was under the control of common people not just government officials and wealthy men, to fight against the rapid deflation of crop prices, they wanted a single term for presidents/vice presidents, electing senators by popular vote, ballots to be kept secret to avoid voting fraud, putting more money into circulation, graduated income tax (the more you make the more you pay), more restrictions on immigration, a shorter work day, bimetallism (have money backed by silver and gold, put more money into circulation, inflation)
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