Chapter 28. Revolt of the Debtor 1889-1900. Election of 1888. Harrison (R) vs. Cleveland (D) Harrison is for high protective tariff. Harrison wins and enters the Billion Dollar Congress. Billion Dollar Congress. McKinley Tariff of 1890 - raises tax on foreign products to 48%
Revolt of the Debtor
1) wanted free and unlimited coinage of silver
2) graduated income tax
3) govn’t ownership of telephone, RR, telegraph
4) Labor rights and an 8 hour day
5) Direct popular election of Senators rather than by appointment or political machine
“You shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind on a cross of gold.”
Where i know it don't rain
Tried to make my big bucks
But now I'm in a rut
Used all my money towards this
and now I'm cuffed at the wrist
by shipping, storage fees
the railroads killin' me
Rip Jeans, Sunburned faces
Hot drought, lonely places
I say we need a potluck!
Hey, all you farmers, this debt is crazy!
So vote for silver and don't be lazy
It's hard to pay rent
with all my debt
So vote inflation
and make your payments!