1. Farmers & the Populist Movement In the late 1800’s Farmers faced increasing costs & decreasing crop prices.
Why had farming become unprofitable during this period?
Falling prices (surplus of crops)
High transportation costs (power of railroads)
Scarcity of good land (poor weather conditions-drought)
High rates of interests
Why did farmers support the free coinage of silver?
To bring about inflation “cheap money”
They believed that there would be more money in the economic system and that they would get more of it.
Farmers were against the gold standard—believed it favored industrialists

2. Farmers & the Populist Movement In 1892 farmers and organizations (the Grange found support in Populism and the People’s party.
What economic reforms did the Peoples party call for?
Increased money supply
Graduated income tax
Federal loans to farmers
What political reforms did the party call for?
Election of US senators by popular vote
Single terms for president
8 hour work day
Secret ballot (end fraud)
Immigration restrictions

3. Farmers & the Populist Movement In 1896 the Populists supported William Jennings Bryan for President
What factions did Bryan and the Populists see as opposing forces in the election of 1896?
City dwellers v farmers
Business/bankers v farmers/laborers
Industrialized North East v farming South & West
Gold bugs v silverites
In what ways did the results of the 1896 election confirm this viewpoint?
McKinley a conservative Republican won with the votes of the Industrialized East & Mid West
Bryan lost carrying the South & West

4. Farmers & the Populist Movement
The Populist party never gained control of the White House, what reforms did it achieve?
Direct of US senators
Graduated income tax
Eventually other reforms (rail road regulation & 8 hour work day will be accomplished)