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Describe some problems farmers faced in the late 1800’s.
Railroads made secret agreements with middlemen which allowed railroads to do what?
In 1867 Oliver Hudson Kelly started the Grange.
Farmers had to pay back their loans with dollars of equal value as the greenbacks they borrowed.
What did Oliver Hudson Kelly do?
True or false: The amount of money farmers had to pay to ship grain increased?
Why didn’t they use rivers to ship goods?
How many people had a membership to the Grange?
1.
Why did most farmers stay in debt?
A. Greenbacks were retired
B. Crop prices fell
C. Railroad prices were very high to ship grain
D. All the Above
What did Oliver Hudson Kelley create?
A. A new form a railroad tires
B. Greenbacks
C. The Grange
D. None of the Above
The Grange was another name for the Colored Farmer’s National Alliance. True or False?
Explain how farmers stayed in debt of the credit cycle.
What caused the cost of crops to drop?
What was the cycle of credit?
What were Farmers Alliances?
Railroads made secret agreements with middlemen in order to….?
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7.
8.
1) Why were they fighting over gold and silver?
A. Products would be sold for higher prices with bimetallism
B. Bankers wanted less money in circulation
C. Value of money increases with the gold standard
D. All of the above
2) What caused the panic of 1893
A. When the Philadelphia and Reading Railroad went bankrupt
3) Why did consumers fear inflation
A. People have more money
B. It would make goods more expensive
C. It would make goods less expensive
D. The prices would fall
4) Explain why farmers were for bimetallism while the bankers were not?
5) How did populism collapse?
1)what was the purpose of the Grange?
2)How many green backs were issued during the Civil War?
A- 300 million
B-800 million
C-500 million
D-700 million
3) Who started the patrons of Husbandry?
a-Mary Elizabeth Lease
b- Oliver Hudson Kelley
c-Farmers Alliance
d- John Wilkes Booth
4)What was the purpose of the farmers alliance?
a-sent lectured about lower interest rates
b-they gave counter fit money
c-didn’t symphonize farmers
d-leaving people in debt
1. How did farmers go bankrupt?
A. Paper money
B.High Railroad rates
c. Crops were worthless
d. All the above
2. Why did farmers want the government to put more paper money back in circulation?
A. Get the price of grain back up
B. money to pay back debts
C. more money for crops
D. None of the above
3. Why were farmers angered by the railroad?
A. High cost to ship grain
B. ruined farm land
C. often took land that could be farmed.
D. Other
4. What were the goals of the Grange?
1.
What was the difference between bimetallism and the gold standard? What groups of people wanted these
things?
2.
The reforms proposed by the populous included an increase in the money supply. Which of the following
did they not want to occur?
A. A rise in prices received for goods and services
B. Reliance upon the gold standard
C. A graduated income tax
D. A federal loan program
3.
Why did the election of McKinley cause populism to collapse?
4.
Name at least 3 of the effects of the Panic of 1893.
Describe the problems the farmers faced.
2. What type of money did the government extract from circulation?
3. Circle one: True or False; Oliver Hudson Kelly started the” Grange”?
4. Which farmer’s alliance was the largest?
1.
True or False: In the late 1800’s, many farmers were trapped in a vicious economical cycle?
2. Many farmers mortgaged their farms for credit to buy..
a. Tobacco
b. Cotton
c. Supplies
d. dogs
3.
Oliver Hudson Kelley, started the patrons Husbandry, and organization for farmers, know as the what?
4.
Describe what was happening to the farmers in 2 ways.
1.
2.
What ways did the railroads take advantage of farmers?
Were African Americans allowed in the Farmers Alliance? True or False.
3.
A.
B.
C.
D.
Why did the government stop printing Green Backs?
They smelled
They were worth less than silver and gold
They were worth more than silver and gold
They wanted to keep them
4.
What was the purpose of the railroads secret agreements?
A. Allowed the railroads to control the middlemen
B. Made the railroads the middlemen
C. Did nothing
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2.
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What form of currency was taken out of circulation?
What was the affect of taking greenbacks out of circulation?
True or False: greenbacks were worth less than hard money.
Describe why farmers were paying high prices for transporting crops when there was a lack of
competition among railroads.
1) During the civil war the United Sates had issued almost 500 million dollars in paper money, what was this
money called?
2) What act in 1878 required government to buy and coin at least 2 million to 4 million worth of silver each
month?
3) Who started the Patrons of Husbandry?
Four) what was the grange, also known as the Patrons of Husbandry, was an organization for farmers.
1.
2.
3.
4.
5.
What was causing the silver mines to close?
Who hoped that the measure would stimulate the stagnant economy?
What caused the panic of 1893?
Why was the metal that backed paper currency an important problem in the 1896?
The “silverites” favored bimetallism, what is bimetallism (explain)?
6. True or false: Did farmers support gold standard.
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The Populists’ programs eventually became the platform of what political party?
Where were 2 economic reforms proposed by the Populist Party?
Why did Populism end?
Who supported the Populist Party?
What did the Populist Party aim to do?
What political party became the platform for the populist’ programs?
Whose election caused populism to end?
Who were the silverites and what did they want?
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Why did the government choose silver and gold as the backup for paper money?
Which president favored the gold standard?
Who campaigned from their porch?
What did consumers fear that would make goods more expensive?
1) True or False Populism was something leaders used to build a base of political power.
2) Which of the following was NOT proposed by the Populist’s governmental reforms?
A) The election of US senators by popular vote
B) Single terms for president and vice president
C) Called for 24hr work day
3) What percent of struggling farmers voted in 1892 for the Populist presidential candidate?
A) 25%
B) 75%
C) 50%
D) 10%
4) What platform did the Populist’s program eventually become? What did they do to keep that platforms ideas?
1) Did the panic of 1893 make people go bankrupt?
2) What did William j Bryan do?
A. Got the most votes
B. Was the president
C. Won democratic notation
D.He was a business man.
3. Did McKinley win the election?
4. What caused the panic of 1893? How do you think you could have not made it happen?
1,.Who did the populace want to reform and what are they going to do about it?
2.Populace programs were the platform for what government party?
3.What group between the gold bugs and the silverites, and they favored Bimetallism.
4.Who gave the speech known as the cross of gold?
What did they decide they wanted to do at the Populist Party convection?
By the end of the year, over 15,000 ___ and 500 ___ had collapsed.
What political party did the populists become a platform for?
Why were the proposed changes so attractive to farmers and laborers?
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What was issued during the civil war in paper money?
a. Gold
b. Green barks
c. Green sacks
d. Coins
What did farmers do to get money fast? Then what was the risk?
What did Oliver Hudson Kelly do?
What was the main money source?
What was the cause of the Panic of 1893?
What was bimetallism?
A. Trading paper currency for gold or silver
B. Backing dollars solely with gold
C. Trading gold for silver
D. Trading silver for gold
William Jennings Bryon delivered an address to the assembled delegates known as the “Cross of Hope.”
True or False?
What caused the end of populism?
A. William Bryon’s election
B. William McKinley’s election
C. Gold shortage
D. Civil War
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2.
3.
4.
What was the purpose of the farmer created group during 1867? How did this influence others?
Where were most of the members located? A) North b) south c) west d) Washington D.C.
In 1867 and 1887, the value of crops was falling true or false
What did farmers do to their homes so they could buy seeds and supplies
1)
2)
A.
B.
C.
What was populism?
What party were the populists?
Republican
Democrat
Independent
Who favored Bimetallism?
Why wasn’t paper money valued?
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2.
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Why did Populist support bimetallism?
Who were the “silverites” and who were they “gold bugs”? What did they stand for?
How did the Populist gain from The Panic of 1893?
What did the Populist propose?
The United States issued paperback money called what?
What did lack of competition among the railroad mean?
What did farmers mortgage their farms for?
Oliver Hudson Kelley started what organization?