Topic 1 farmers alliance progressives
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    Topic 1 farmers alliance progressives Topic 1 farmers alliance progressives Presentation Transcript

    • Unit 2: 2nd Industrialization and the Progressives
    • Analyze and evaluate the success of progressive reforms during the late 19th and early 20th centuries in addressing problems associated with  industrial capitalism,  urbanization  political corruption.
    • Analyze the Farmers’ Alliances and the Populist Party’s reactions to the effects of industrialization and how they created a reform agenda which contributed to the rise of Progressivism.
    • Read  Industrial production increased  Agricultural production increased  Agricultural production increases=Drop in prices  Lower Crop Prices Hurt Farmers  Farmers take out long term loans because of drop in crops prices  Farmers want more money in circulation believing it will increase crop prices—want money backed by silver to increase money circulation  Bankers oppose silver standard because it would cause inflation
    • Food supplies were increased to feed urban dwellers.
    • Reading Railroad files for bankruptcy  Dependent banks/companies also collapse  Stock market crash  European investors pull out stocks  Worsened agricultural depression  Increased political involvement of agricultural community  Severe unemployment and protest
    • 2. What economic factors upset farmers?  Farm crop prices steadily decline 1864 through 1890.  Railroads charged farmers high shipping rates.  Farmers mortgaged their farms to buy new farm machines  High tariffs increased prices of factory goods that farmers needed.
    • They were farmer groups designed to educate farmers about organizing and petitioning state governments for more control of railroads and obtaining low interest loans.
    • railroad companies charged high rates for transporting farm products
    • force the railroads to lower freight rates
    • an increase in the demand for government regulation
    • Farmers’ Reform Movements 7. Define: Interstate Commerce Act, 1887 Farmers wanted reasonable railroad rates. This Act was the first time the federal government passed a law to regulate an industry. It called for reasonable railroad rates.
    • To protect the interests of small businesses
    • MAIN IDEA: The downtrodden and “little people” could have a say in government They began a move toward political and social reforms (Progressive Era) Our country was in financial crisis (1893-1896)
    • a political party formed in 1892 that supported free coinage of silver, work reforms, immigration restrictions, and government ownership of railroads and telegraph and telephone systems
    • Farmers wanted money  Railroad monopolies to be backed by silver. were charging unfair railroad rates to farmers.  Alliance members, farmers, labor leaders,  Merchants, banks, and and reformers wanted to railroads were getting impact government richer, but farmers were policies. in debt. 
    • To help western farmers fight unjust economic practices
    • Late 1800s some Americans advocated unlimited coinage of silver. The movement was triggered by an act of Congress in 1873 that omitted the silver dollar from the list of authorized coins. Silver became the symbol of economic justice to many American people.
    • Paper money was originally redeemable for either gold or silver. Then in 1873 Congress put the U.S. dollar on the gold standard, meaning that a dollar could be redeemed only for gold in the U.S. Treasury. Farmers wanted money to be backed by silver putting more money in circulation. This would cause their crop prices to rise.
    • It would enable them to pay back their loans more easily
    • Farmers believed that an expanded currency would increase the price of their crops. Those in debt hoped it would enable them to pay their debts more easily.
    • Why did farmers want money backed by silver? Farmers wanted currency backed by silver, so there would be more money in circulation causing their crops to go up in price.
    • Farmers’ Reform Movements 15. Explain why farmers organized themselves in the late 1800s. Indebted farmers wanted to improve their economic situation.
    • What were Populist Party’s goals? bank regulation, government ownership of railroads, and free coinage of silver
    • 16. Explain the role free silver played in the election of 1896. Bryan (the democratic candidate) made it a campaign issue, gaining Populist support and terrifying businessmen, who then gave money to the opposing Republican Party. Bryan wanted the United States to use silver to back the dollar at a value that would inflate the prices farmers received for their crops, easing their debt burden. This position was known as the Free Silver Movement.
    • McKinley (Republican candidate) favored the gold standard and was against the coinage of silver; therefore, big business tycoons greatly supported his campaign by giving huge campaign donations.
    • McKinley won because of monopolists’ contribution to his campaign; therefore, Mono polists gained even more federal political power.
    • Because of their 1896 presidential campaign contributions, monopolists swallowed up the democratic party.
    • 19. How were the Farmers’ Alliances and the Populist Party reactions to the effects of industrialization? Farmers’ Alliances and the Populist Party created a reform agenda which contributed to the rise of Progressivism.
    • The downtrodden (the poor farmers and working class) could organize and have political impact. Many of the ideas of the Populist Party Platform became law during the first years of the 20th Century.
    • It proposed ideas that later became law