1. Populism

2. Inflation:
Supply Demand value $$ prices
$$ buys you less then it use too
Deflation:
Supply Demand value $$ prices
Can buy more with the same amount of $$

3. 3. Why does deflation hurt farmers?
Sold crops for less, but still owed the same amount on loans
4. Three goals of the Populists?
Increase farm power, reform, silver
5. Whose support did they try to gain?
Union

4. 6. Who were the populists?
Farmers
7. This period was called the ___ ____?
Gilded Age
8. How did Cleveland want to end depression?
Repeal Sherman Silver Act, money only backed by gold

5. 9. Nickname for supporters of Cleveland plan?
Goldbug
10. How did populists want to end Depression?
Silver Coins
11. What were they called?
Silverities

6. Wizard of Oz
Lyman Frank Baum’s Wizard of Oz was published in Many of you are familiar with the movie that followed a few decades later, and still plays regular on TV today. Scholars throughout the 20th Century have found many Populist symbols throughout the story. Here are a couple of hints that you may find useful as you search for this symbolism. Whereas the movie uses ruby slippers, the original story had silver slippers. Also, in Baum’s version, Emerald City only appeared green because the characters were required to wear glasses that made it appear to be so.

7. Scarecrow
Farmers

8. Tin Man
Industrial workers
Industrial (no Heart)

9. Cowardly lion
Reformer, not really cowardly
William Jennings Bryan

10. Yellow brick road
Gold
Dorothy walks on in Sliver slippers, relationship between two metals

11. Emerald City Greenbacks DC – capital
Only appears nice through glasses, gilded age

12. The Wicked Witch of the East
Bankers nothing for farmers

13. The Wicked Witch of the West
Nature, water
Mortgage companies, heartless

14. The Wizard of Oz
Politicians
Gilded
Pres. McKinley

15. Dorothy
Every person
Toto
teetotaler, allies of silverites

16. Ruby Slipper’s Book Silver Slippers
Held power till the end of the story

17. Oz
Ounces abbreviated

18. The poppy fields
Only effect Dorothy and Lion
Drugs?

19. Munchkins
Little people, middle class

20. Glinda Movie combines Good witch of North and South
Influence of North and South
In movie North only witch left

21. Monkeys
Native Americans
Pinkerton Agents

22. Kansas
Drought
Populist strong hold

23. Cyclone
Idea of change
Victory of silver forces