The Fourth Party System Hawaii o 1820 – New England Missionaries o 1840s – Block other powers o 1875 – Commercial Agreement o 1887 – Naval Agreement o 1890 – McKinley Tariff o Queen Liliuokalani o Rebellion o Annexation Blocked by Cleveland Delayed until 1898 Grover Cleveland’s Second Presidency o Depression of 1893 Overbuilding Speculation Labor Disorders Agricultural depression Free Silver Agitation o Cleveland’s Tumor o “General” Jacob S. Coxey Coxey’s Army o Congressional Session 1893 William Jennings Bryan Repeal of the Sherman Silver Purchase Act Treasury Bonds o Labor Issues Return Eugene V. Debs American Railway Union Pullman Palace Car Company Pullman Strike Governor John Peter Altgeld of Illinois U.S. Attorney General Richard Olney o Wilson-Gorman Tariff in 1894 o J.P. “Jupiter” Morgan Deal with Cleveland Gold Loan o Congressional elections of 1894 o The “Forgettable Presidents” Grant Hayes Garfield Arthur Harrison Cleveland o Foreign Affairs o Boundary Dispute Britain Venzuala US Involvement Monroe Doctrine Cleveland Richard Olney German Actions Kaiser Wilhelm II Boer Wars Effect on Venezuela issues Great Reproachment Election of 1896 o Republicans - William McKinley Marcus Alonzo Hanna o Democrats - William Jennings Bryan “The Boy Orator of the Platte” “Cross of Gold” Speech o Populist Dilemma o Effects of Election of 1896 New Era of American Politics Resounding victory for big business big cities middle-class values financial conservatism Last serious effort to win White House with agrarian votes Republican Dominance All but eight of the next thirty-six years “Fourth party system”