Populist Party and the Wizard of Oz
Farmer’s Problems in the late 1800s <ul><li>Falling crop prices </li></ul><ul><li>Unable to pay back debt </li></ul>
Farmer’s Wanted <ul><li>Add the silver standard to the gold standard </li></ul><ul><li>This would result in: </li></ul><ul...
Populist Party <ul><li>Political party formed by farmers </li></ul><ul><li>Wanted major changes in gov’t </li></ul><ul><ul...
Populism & The Wizard of Oz…
The Gold Standard <ul><li>The value of money is linked to the money supply. </li></ul><ul><li>Up until and after the Civil...
<ul><li>Yellow Brick Road represents the gold standard, a road that looks hopeful, but leads nowhere. </li></ul><ul><li>“ ...
Farmers <ul><li>Faced low crop prices, high machinery prices, and high tariffs. </li></ul><ul><li>Tariff  - fees on import...
<ul><li>Represented the struggling Midwestern farmer at the turn of the century </li></ul><ul><li>In Baum’s version, Scare...
Industrial Workers <ul><li>Eastern industrial workers were anti-Populist because they didn’t want their wages cut due to i...
<ul><li>Represented the urban industrial worker who was enslaved to heartless industries </li></ul><ul><li>In making the T...
William Jennings Bryan <ul><li>Congressman from Nebraska who ran for President from the Populist party in 1896. </li></ul>...
<ul><li>Represented William Jennings Bryan </li></ul><ul><li>Described as having a loud roar, but little else--Bryan lost ...
President William McKinley <ul><li>The Republican candidate in the 1896 race for Presidency--anti-Populist. </li></ul><ul>...
The Oppressed <ul><li>Baum saw these people as ‘slaves’ of the eastern banking and industrial interests. </li></ul><ul><li...
<ul><li>The “little people” in America whose power had been taken away by big business and industry </li></ul><ul><li>The ...
<ul><li>Symbolizes large industrial corporations that Baum thought oppressed “the little guy” </li></ul>Wicked Witch of th...
<ul><li>Is thought to represent Americans, who Baum viewed as good-natured, but naïve. </li></ul>Dorothy
<ul><li>Represented the Prohibitionist Party. </li></ul><ul><li>They were pro-Populist. </li></ul><ul><li>“ Toto” is a pla...
<ul><li>Thought to represent Washington, D.C. and the color of green American dollars. </li></ul>Emerald City
<ul><li>Was the Good Witch of the North, a pro-Populist region. </li></ul>Glenda the Good Witch
<ul><li>Showed Baum’s sympathy for the plight of Native Americans </li></ul><ul><li>“ Once . . . We were a free people liv...
Key Terms <ul><li>Inflation  - the greater the amount of money in print, the less the money is worth </li></ul><ul><ul><li...
<ul><li>Money supply  - the amount of money in a nation’s economy; the greater the money supply, the less each dollar is w...
<ul><li>Gold Standard  - the government only produces a dollar if it possesses $1.00 worth of gold to “back it up” </li></...
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Wizard of oz(9)

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Wizard of oz(9)

  1. 1. Populist Party and the Wizard of Oz
  2. 2. Farmer’s Problems in the late 1800s <ul><li>Falling crop prices </li></ul><ul><li>Unable to pay back debt </li></ul>
  3. 3. Farmer’s Wanted <ul><li>Add the silver standard to the gold standard </li></ul><ul><li>This would result in: </li></ul><ul><ul><li>Increase in money supply (inflation) </li></ul></ul><ul><ul><li>Increase in prices for farm products </li></ul></ul><ul><ul><li>More money for farmers </li></ul></ul><ul><ul><li>Able to pay back debt </li></ul></ul>
  4. 4. Populist Party <ul><li>Political party formed by farmers </li></ul><ul><li>Wanted major changes in gov’t </li></ul><ul><ul><li>Increase $ supply </li></ul></ul><ul><ul><li>Silver and gold standard </li></ul></ul><ul><ul><li>Income tax (more income = pay more taxes) </li></ul></ul><ul><ul><li>8 hr. work day (attempt to gain support from factory workers) </li></ul></ul>
  5. 5. Populism & The Wizard of Oz…
  6. 6. The Gold Standard <ul><li>The value of money is linked to the money supply. </li></ul><ul><li>Up until and after the Civil War, all dollars issued in the U.S. could only be backed by, and could only be redeemed for, gold. </li></ul>What might represent gold?
  7. 7. <ul><li>Yellow Brick Road represents the gold standard, a road that looks hopeful, but leads nowhere. </li></ul><ul><li>“ Oz” represents “oz.” or the abbreviation for ounce, the standard measure for gold. </li></ul>Yellow Brick Road and Oz
  8. 8. Farmers <ul><li>Faced low crop prices, high machinery prices, and high tariffs. </li></ul><ul><li>Tariff - fees on imported goods that discourage buyers from purchasing imports </li></ul><ul><li>Midwestern farmers were very pro-Populist. They wanted to increase money supply by backing dollars with silver. </li></ul><ul><li>A silver standard would increase inflation and raise crop prices. </li></ul>Who represents the farmers?
  9. 9. <ul><li>Represented the struggling Midwestern farmer at the turn of the century </li></ul><ul><li>In Baum’s version, Scarecrow rules Emerald City after Oz is dethroned. </li></ul><ul><li>Baum predicted that farmers would gain political power. </li></ul>Scarecrow
  10. 10. Industrial Workers <ul><li>Eastern industrial workers were anti-Populist because they didn’t want their wages cut due to inflation. </li></ul><ul><li>Baum viewed these workers as victims who had become mechanized and dehumanized. </li></ul>Who represents the industrial workers?
  11. 11. <ul><li>Represented the urban industrial worker who was enslaved to heartless industries </li></ul><ul><li>In making the Tin Man rule the West, Baum predicted that industry would move west. </li></ul>Tin Man
  12. 12. William Jennings Bryan <ul><li>Congressman from Nebraska who ran for President from the Populist party in 1896. </li></ul><ul><li>A skilled orator--gave the Cross of Gold speech </li></ul><ul><li>Advocated heavily for bimetalism. </li></ul>Who represents Bryan?
  13. 13. <ul><li>Represented William Jennings Bryan </li></ul><ul><li>Described as having a loud roar, but little else--Bryan lost to McKinley by 95 electoral votes </li></ul><ul><li>In having the Lion protect smaller beasts in a “small old forest,” Baum predicted that Bryan would return to Congress. </li></ul>Cowardly Lion
  14. 14. President William McKinley <ul><li>The Republican candidate in the 1896 race for Presidency--anti-Populist. </li></ul><ul><li>Baum viewed McKinley as not being as powerful or wise as the facade that he put forth. </li></ul>Who represents McKinley?
  15. 15. The Oppressed <ul><li>Baum saw these people as ‘slaves’ of the eastern banking and industrial interests. </li></ul><ul><li>They were anti-Populist because they didn’t want their wages to decline in value due to inflation. </li></ul>Who represented these oppressed people?
  16. 16. <ul><li>The “little people” in America whose power had been taken away by big business and industry </li></ul><ul><li>The Munchkins were slaves to whom in the story? </li></ul>The Munchkins
  17. 17. <ul><li>Symbolizes large industrial corporations that Baum thought oppressed “the little guy” </li></ul>Wicked Witch of the West
  18. 18. <ul><li>Is thought to represent Americans, who Baum viewed as good-natured, but naïve. </li></ul>Dorothy
  19. 19. <ul><li>Represented the Prohibitionist Party. </li></ul><ul><li>They were pro-Populist. </li></ul><ul><li>“ Toto” is a play on the term “T-Totalers,” or people who drank no alcohol. </li></ul>Toto
  20. 20. <ul><li>Thought to represent Washington, D.C. and the color of green American dollars. </li></ul>Emerald City
  21. 21. <ul><li>Was the Good Witch of the North, a pro-Populist region. </li></ul>Glenda the Good Witch
  22. 22. <ul><li>Showed Baum’s sympathy for the plight of Native Americans </li></ul><ul><li>“ Once . . . We were a free people living happily in the great forest . . . This was many years ago before Oz came out of the clouds to rule over this land.” </li></ul>Winged Monkeys
  23. 23. Key Terms <ul><li>Inflation - the greater the amount of money in print, the less the money is worth </li></ul><ul><ul><li> money in print =  worth </li></ul></ul><ul><li>ex: baseball cards </li></ul><ul><li>Deflation - purposely reducing the money supply so that the value of each dollar increases </li></ul><ul><ul><li> money in print =  worth </li></ul></ul>
  24. 24. <ul><li>Money supply - the amount of money in a nation’s economy; the greater the money supply, the less each dollar is worth </li></ul><ul><ul><li>As money supply  , value of dollar  (inflation) </li></ul></ul><ul><ul><li>As money supply  , value of dollar  (deflation) </li></ul></ul>Key Terms
  25. 25. <ul><li>Gold Standard - the government only produces a dollar if it possesses $1.00 worth of gold to “back it up” </li></ul><ul><li>Populists - political party that demanded radical changes in federal, economic, and social policies </li></ul><ul><ul><li>Wanted to increase money supply--and cause inflation--by having a silver standard in addition to the gold standard </li></ul></ul>Key Terms

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