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Essential Question :

Explore the major challenges faced by western farmers in the Gilded Age and the rise of the Populist Party as a response. Examine government policies, farm prices, and the influence of banks and railroads. Discover the proposed reforms and their impact on the future of American politics.

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Essential Question :

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Presentation Transcript

  1. Essential Question: • Who were the Populists & what new ideas did they promote in order to help western farmers? • Warm-Up Question: • What was more important in the development of the West after the Civil War: The Homestead Act or Transcontinental Railroad?

  2. Group Activity:The Problem of Farmers & Rise of the Populist Party • In groups, complete these tasks: • Examine the documents provided & determine what major problems farmers faced in the Gilded Age • Write your answers in the matrix • When finished, generate a plan that provides a solution to meet the needs of farmers

  3. The Problems of Farmers • In the 1870s & 1880s, western farmers faced serious problems: • Prices for their crops were falling due to over-production of grains • Banks were charging high interest rates on mortgages & were foreclosing on debtors • Railroads charged high rates for shipping & storing their crops

  4. Price Index for Consumer & Farm Goods

  5. The Problems of Farmers • Government policies hurt farmers: • The gov’t reduced the paper money (greenbacks) & relied on gold-backed currency • This led to deflation making it harderforfarmerstopayoffdebts • When westerners appealed to theirpoliticians,nothingwasdone

  6. Reform Attempts by Farmers • Farmers attempted to organize & fight back through groups like the Grangers & the Farmers’ Alliance: • These groups attacked abusive banks & railroad companies • They called on farmers to form their own co-op stores, banks, & storagesilostoavoidexploitation • Both groups failed to gain improvements for farmers

  7. Granger Meeting

  8. The Populist Party • In 1890, the Populist Party was formed & demand reforms: • Government regulation of railroads in order to lower rates • A national income tax to take the burden of taxation off farmers • Direct-election of Senators to make politicians more responsive • Bimetalism: Using gold & silver to inflate the money supply

  9. Bi-Metalism

  10. The Rise of the Populist Party From 1890 to 1896, the Populist Party emerged as an influential 3rd party & began to challenge the Democrats & Republicans …the state gov’ts of Idaho, Nevada, Kansas, & North Dakota were dominated by Populists During this time, 3 governors, 10 congressmen, & 5 senators were elected as Populist candidates… In 1892, Populist James Weaver made a run at the presidency

  11. William Jennings Bryan & the Election of 1896 • In the 1896 presidential election, William Jennings Bryan embraced Populist ideas & was nominated by the Democrat & Populist Parties: • Bryan made bimetallism the issue of the campaign as a result of his “Cross of Gold” speech • Republican William McKinley argued for the gold standard

  12. Bryan’s “Cross of Gold” Speech

  13. Bimetallism: A recipe for prosperity or lunacy? OR?

  14. The Election of 1896 McKinley’s defeat of Bryan in the election of 1896 killed the Populist Party… …but key Populist ideas such as the income tax, direct election of Senators, & regulation of railroads will be enacted by the Progressives from 1890 to 1920

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