Professional Documents
Culture Documents
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Farmland
- Farmland production explodes in the West
- 1860-1890, farmers double cultivation of land
- Number of farmers almost triples and population of the Plains
states soars
- Land price boom and speculation
Citadels of Corruption
- Farmers face two critical antagonists:
o Railroads
Rural powerbrokers
Individual farmers are easy targets for
exploitation/extortion
Feel powerless in the face of big industries
o Cities
Rapid growth
Urban areas absorb more and more of the
population
Challenge to fundamental ideas about American
identity and sources of moral and economic
strength
Seen as centers of vice, greed, and corruption
Hard Row
- Economic turmoil especially hard on farmers
- High interest rates and rising debts
- Plunge in agricultural prices (40-60% declines over 20 years)
- Another financial panic bursts land price bubble in 1890s
- Drought and pests become more prevalent
Greeenbackers
- Another early movement: Greenback Party (1876-1884)
- Focused on monetary policy
o Paper money as permanent legal tender
o Pay federal debt with paper money
- Some social aspects
o Decrease public salaries
o Public school system
o Restrain power of the railroads
- Run a third party ticket
Co-opted
- Debate ensues:
o Remain independent?
o Align with an existing party?
- Disadvantages to independence
- Fusion faction wins; endorse Democratic nominee: William
Jennings Bryan
- Breaks the Peoples Party apart
The Fall
- Bryan loses to William McKinley
- Ends national presence of Populist Movement
- Opposed by a variety of groups
o North: bankers, business, immigrants, and upper-class
o South: white supremacists, large-scale farmers
- Many Americans saw Populists as a threat to economic and
social order
- Much of the Populist program becomes part of the political
agenda in coming decades
o Income tax
o Direct election of senators
o Banking reform
- Populist appeals/campaigns become more common in
politics
Populist Legacies
- Populism offers a widespread, grassroots reform movement
- An early and relatively successful response to the struggles of
the Gilded Age
- Sows the seeds of larger shifts, especially political and
economic reform
- Women play a central part in spreading and shaping Populism;
gain political experience and build momentum for future
campaigns
- Populism becomes an enduring part of Americas political
language and a way to frame political change.