The Grange and Populism
Terms in this set (20)
Social and educational organization, which farmers attempted to combat the power of the railroads in the late 19th century.
A movement to increase farmers political power and to work for legislation in their interest.
A monetary system in which the government would give either gold or silver in exchange for paper currency. Silverites favored silver and gold. Goldbugs favored gold only. Silverites wanted more money, which was worth less. Gold bugs favored less money and a more powerful currency.
Oliver Kelley was considered the "Father" of the Order of Patrons of Husbandry ("The Grange"). A fraternal organization for American farmers that encouraged farm families to organize for their common economic and political good.
A Republican from 1897-1901, he supported gold standard, protective tariff, and Hawaiian Islands, against William Bryan, he was assassinated
William Jennings Bryan
Politician who ran for president 1896, 1900 and 1908 under Democrats, was a pro-silverite and Populist leader.
Period when business activity slows, prices and wages drop, and unemployment rises.
Cross of Gold Speech
An impassioned address by William Jennings Bryan at the 1896 Democratic Convention, in which he attacked the "gold bugs" who insisted that U.S. currency be backed only with gold.
An amendment to the United States Constitution in 1913 gave Congress the power to tax income.
This amendment to the Constitution calls for the direct election of senators by the voters instead of their election by state legislatures.
Election of 1896
William Jennings Bryan (The Democrate who wanted bimetallism which is a monetary system in which the government would give citizens either gold or silver in exchange for checks and paper currency) v. McKinley (the republican who wanted gold standard which backed the dollars soley with gold). McKinley won because he got the votes of business owners, banks, republicans. Bryan received the votes from farmers, laborers, and democrates.
The Grange gave rise to other organizations, such as Farmer's Alliance. These groups included many others who sympathized with farmers. Alliances sent lecturers from town to town to educate people about topics such as lower interest rates on loans and government control over railroads and banks. Great speakers helped get the message across.
Sherman Silver Purchase Act
In 1890, an act was passed so that the treasury would by 4.5 million ounces of silver monthly and pay those who mined it in notes that were redeemable in either gold or silver. This law doubled the amount of silver that could be purchased under the Bland-Allison Law of 1878.
Gold Standard Act of 1900
Signed by McKinley. It stated that all paper money would be backed only by gold. This meant that the government had to hold gold in reserve in case people decided they wanted to trade in their money. Eliminated silver coins, but allowed paper Silver Certificates issued under the Bland-Allison Act to continue to circulate.
6 issues that the farmers had
1-Silver issue 2-Agriculture becoming business 3-Insects hurting the crops 4-Government 5-Big businesses 6- Railroads
established by the grange, grain elevators and warehouses to compete with others
badly written, opposed in court, causing the moment to decline, the cause of several court cases
James B. Weaver and Tom Watson
founded the populist
1-gov. own the railroads, telephone, telegraph 2-free and unlimited silver 3-graduated income tax 4-8 hr work day and right to collective bargaining 5-limited immigration 6-private investigations can't break up strikes 7-direct elections of the US senate 8-use the Australian secret ballot at ballot box 9-single term for president and vice president (populist demands)
American Socialist Party
was created by Eugene V. Debs. populists and labor moment thing that they were allied against by the court, gov, and big businesses