WebThe government would establish network of warehouses where farmers could deposit crops Populist Party Platform (1892) 1. Unlimited coinage of silver 16:1 2. Graduated income tax 3. Government ownership of all railroads 4. Direct election of senators 5. Lower tariff rates - farmers like lower tariffs for the balance of trade. WebThe movement of the people; a political movement demanding more representation of THE PEOPLE in govt and to advance interests of farmers and laborers. Populist party calls for bimetallism, govt ownership of banks and railroads, lower interest rates on loans, and free coinage of silver. Populists
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WebMay 20, 2024 · Free coinage of silver was another rallying cry of the populist party. The point of this policy was to give people a more accessible and stable currency. As it stood, gold was rare and expensive, making the debts of people like farmers (the main base of the populist party) hard to pay back. WebDefinition. 1 / 49. The amount of money circulating in the economy. Disagreements over how to manage the money supply led to the rise of Populism in the late nineteenth century, as impoverished debtors (mostly farmers) called for expansion of the money supply through the coinage of silver. Click the card to flip 👆. textcontrols
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WebOct 26, 2024 · Why did the Populists believe free silver would help farmers and debtors? The Populists believed that having more silver coins in circulation would give farmers more money to pay their debts. Explanation: yeah it may work Advertisement Advertisement New questions in Social Studies. WebSecond, the Sherman Silver Purchase Act of the same year required the U.S. Treasury to mint over four million ounces of silver into coins each month to circulate more cash into the economy, raise prices for farm goods, and help farmers pay their way out of debt. WebNov 8, 2024 · free coinage of silver in the hopes that increasing the amount of money in circulation would raise 11:58 prices for farmers and make it easier for people to pay off their debts. swot analysis of att