Farmers also suffered from falling cotton prices. Prices dropped from 18 – 20 cents per pound down to 11 cents per pound.
Problems for Small Farmers Farmers were also suffering from high tariffs. Republicans in Washington favored businessmen over farmers.
Problems for Small Farmers Farmers also suffered from the gold standard. Gold standard: Policy that stated that only gold would be used to give paper money its value. These issues will lead to a national political revolt among farmers.
Mississippi People’s Party Frank Burkitt formed the People’s party as an outlet for small farmers. Populists: supporters of the People’s party.
Populism Populism: a political doctrine that appeals to the interests and conceptions of the general people.
Mississippi People’s Party Demands of the Populists: Tariff reform Graduated income tax Regulation of railroads The use of silver as money Direct election of senators
Mississippi People’s Party Frank Burkitt ran for governor in 1891 as a Populist. He lost because Democrats spread a rumor that he would allow black political power if elected.
Political Corruption Patronage: appointing people to positions as a reward for political support. Political “bosses” dominated political parties Voting fraud was common Campaigns and debates were more entertaining then informative
James K. Vardaman James K. Vardaman was elected governor in 1903. He supported the poor, white, farming population of Mississippi.