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The Silver Issue and Populist Movement
1.
2. The Silver Issue
“Crime of ’73” no silver, only gold coins.
Sherman Silver Purchase Act (1890)
US gov. bought up silver to remove it from
circulation
5. The Farmers Alliances
Late 1880s: grew from Grange
but more political, less social
1890s: controlled eight state
legislatures & had 47
Congressmen
6. The Populist (Peoples’) Party
July 1892: Founded by James B.
Weaver
Almost 1 m. 1892 votes
James B. Weaver, Presidential
Candidate
7. Omaha Platform of 1892
1. SILVER!
2. Abolish National Bank
3. Direct election of Senators
4. Govt. RR, telephone & telegraph ownership, savings
banks
5. Restrict immigration
6. 8-hour work day
7. Abolish Pinkertons
8. Adopt secret ballot
9. Single presidential term
10. Causes of the 1893 Panic
10 days after Cleveland took office.
Over 16,000 businesses close
Stock market crash.
~ 500 banks closed
By 1895: 3 m. unemployed
14. Bryan’s
“Cross of Gold” Speech
You shall not press
down upon the brow
of labor this crown
of thorns; you shall
not crucify mankind
upon a cross of gold!
24. “Parable of the Populists”?
Dorothy ?
Wicked Witch of the East ?
Munchkins ?
Silver Slippers ? Yellow Brick Road ? Oz ?
Emerald City ? The Wizard ?
Scarecrow ? Tin Woodsman ? Cowardly Lion ?
Wicked Witch of the West ?
Flying Monkeys ?