Presentation on theme: "S4 Farmers in Protest Farmers faced high shipping costs by the railroads. High cost of manufactured goods. High interest rates charged by bankers."— Presentation transcript:
S4 Farmers in Protest Farmers faced high shipping costs by the railroads. High cost of manufactured goods. High interest rates charged by bankers. Economic reform movements developed in the late 1800s.
Section 4 Farmers in Protest The supply of crops grew faster than the demand, this caused prices to fall. At the same time, farmers’ expenses remained high. Farmers blamed the railroads for high shipping costs. Farmers also blamed manufacturers in the East for charging high prices. After the Civil War, farming expanded in the West and South.
They resented banks for charging high interest rates. The first farmers’ organization was the National Grange. The Grange tried to get farmers to support themselves without help from others. The Farmers’ Alliances were also set up to help farmers. Farmers in Protest
Party of the People They formed a political party called the People’s Party of the U.S.A. was also known as the Populist Party. It appealed to the common people. Democrat William Jennings Bryan and Republican William McKinley ran for president in 1896 By election time, the economy was improving, and McKinley won by a landslide. In 1890 the Farmers’ Alliances got involved in political campaigns.
Despite the loss, the Populist Party made a difference; in the 1900s, the nation ended the gold standard. It also adopted an eight-hour workday, an income tax, and the direct election of senators. Party of the People