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Responding to Big Business:

Responding to Big Business:. Unions and the Populist Party. Workers Need Countervailing Power of Unions. Bargain as a large group with strike as a potential weapon; Provide insurance and other benefits; Organization of political power; lobbying and perhaps political party.

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Responding to Big Business:

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  1. Responding to Big Business: Unions and the Populist Party

  2. Workers Need Countervailing Power of Unions • Bargain as a large group with strike as a potential weapon; • Provide insurance and other benefits; • Organization of political power; lobbying and perhaps political party.

  3. Unequal Match:Homestead Strike, 1892 • Homestead, PA: Large Carnegie Steel Plant • In 1892, Andrew Carnegie and William Frick Cut Wages. • Union (Amalgamated) Protested; Carnegie and Frick Locked Out Union. • Documentary Explains What Happened.

  4. Homestead Revealed Inequality • Economic Power of the Capitalists (Plant Closures, Pinkerton Detectives) • State Militia Sided with Capitalists • Immigration Provided Plenty of Strikebreakers

  5. One Response: American Federation of Labor • Samuel Gompers--Former Socialist • Central Leadership for Craft Unions • 1886: 50,000 Members; 1906: 1.6 Million Workers

  6. Pragmatic Exclusion:“Pure and Simple Unionism” • Reformist; Accepted Industrial Capitalism • Craft Unionism: Skilled Workers; Craft Autonomy; Economic Goals • Exclusive: Anti-Immigrant • Exclusive: Accepted Segregation • Exclusive: Against Working Women

  7. The Rise and Fall of the Populist Party Farmers in the Age of Big Business

  8. Some Preliminary Definitions • A populist: Somebody who appeals directly to the people. • Populist Party: Specific political party concentrated in the Plains States and the South in the 1890s.

  9. Problems Facing Farmers • Low Prices for Output, High Interest Rates • Railroads (Rates 4 Times Higher than Eastern Manufacturers) • Farmers under attack (“Hayseed” Stereotype)

  10. Primary Populist Solution: Monetary Reform & Inflation

  11. Why Farmer Smith Supported Free Silver and Silver Standard • Imagine Farmer Smith Produces Grain Worth $2,000 Per Year and Has Mortgage of $2,000. • Silver Doubles Money Supply and Prices Rise 100 percent. • Farmer Smith Now Makes $4,000 per year. PROSPERITY!!!

  12. Wizard of Oz as Populist Allegory • Frank Baum, 1900

  13. Was Silver and Inflation a Viable Long-term Solution? • A. Yes • B. No

  14. Wizard of Oz as Populist Allegory • Frank Baum, 1900 • Symbolism of Characters

  15. What Was the Color of Dorothy’s Shoes? • A. Ruby Red • B. Silver • C. Gold

  16. Wizard of Oz as Populist Allegory • Frank Baum, 1900 • Symbolism of Characters • Dorothy’s Shoes

  17. Wizard of Oz as Populist Allegory • Frank Baum, 1900 • Symbolism of Characters • Dorothy’s Shoes X

  18. Wizard of Oz as Populist Allegory • Frank Baum, 1900 • Symbolism of Characters • Dorothy’s Shoes

  19. Wizard of Oz as Populist Allegory • Frank Baum, 1900 • Symbolism of Characters • Dorothy’s Shoes • Wizard and End of Story

  20. Back to Reality: Formation of the Populist Party • Early Forerunners: The Grange and the Farmers Alliance.

  21. Back to Reality: Formation of the Populist Party • Early Forerunners: The Grange and the Farmers Alliance. • The People’s Party (1890).

  22. Back to Reality: Formation of the Populist Party • Early Forerunners: The Grange and the Farmers Alliance. • The People’s Party (1890). • Presidential Election of 1892: 9 percent of the popular vote.

  23. Pivotal Election of 1896 • William Jennings Bryan, Cross of Gold Speech • Fusion Ticket with Demos, Populists

  24. Pivotal Election of 1896 • William Jennings Bryan, Cross of Gold Speech • Fusion Ticket with Demos, Populists • William McKinley, Republicans

  25. Why Bryan Lost in 1896 • Little Appeal to Many Industrial Workers • Little Appeal to Middle Class

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