Name_____________________________________________Class_________________Date____________ DN #3 “Rise and Fall of Populism” Populist Party Platform 1892 The Populist (or People's) Party platform in 1892 incorporated a host of popular reform ideas, including the following: Australian (or Secret) Ballot. Voting was still conducted publicly in many areas, potentially subjecting voters to pressure or recrimination by employers and landlords. (This proposal was adopted almost everywhere in the United States in the early 20th century.) Popular Election of U.S. Senators. As provided in the Constitution (Article I, Section 3), senators were selected by the state legislatures, not by popular vote. It was believed that business lobbies exerted inordinate influence over the selection of these officials. (This plank would become part of the Constitution in 1913 when Amendment XVII was ratified.) Direct Democracy. The Populists urged the adoption of the initiative, referendum and recall as means to give the people a more direct voice in government. (Some or all of these procedures became part of the constitutions of many states during the early 20th century.) Banking Reform. The Populists believed that much of their economic hardship had been caused by bankers' unfair practices. They proposed to end the national banking system, a point of view not widely held. (The Populists failed with this proposal and a Federal Reserve System was established by law in 1913.) Government Ownership of the Railroads. Anger against the railroads for alleged price discrimination was so intense that the Populists advocated for federal appropriation. (Opponents charged the Populists with socialism and little public support existed for this plank. However, during the Theodore Roosevelt administration, steps were taken toward reform of the railroads.) Graduated Income Tax. The Populists viewed the graduated income tax as a means to pry loose a portion of the tremendous wealth of the nation's most prosperous citizens. A "graduated" tax meant that the rate of taxation would increase as one's income increased. (A step was made in this direction in the WilsonGorman Tariff of 1894 when a uniform tax was imposed, but that portion of the law was declared unconstitutional by the Supreme Court the following year. Authority to impose such taxation was granted to Congress under Amendment XVI in 1913.) Free and Unlimited Coinage of Silver. The Populists in 1892 raised the silver issue, but not with the same fervor that would emerge four years later. (The free silver crusade would die a natural death in the years following 1896, as prosperity returned and the world's gold supply increased.) Ideas started by the Populist Party listed above were important in history. Ideas still around today Ideas not used anymore today 1. 1. 2. 2. 3. 4. Which of the above do you think is most important today?____________________________ Why? _____________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Some more wonderfully, exciting practice test questions!!! Can you figure them out? 1. The farmers, eventually the Populist Party, is responsible for developing ideas for the first 2 amendments to the US Constitution since the Civil War. What ideas were they? a. Banking Reform and Direct Democracy b. Income Tax and Election of Senators c. Banking Reform and Income Tax d. Direct Election of Senators and Government Ownership of railroads Populist Party Platform 1892 Secret Ballot Direct Election of Senators (17th Amendment) Direct Democracy Income Tax (16th Amendment) Banking Reform Government ownership of Railroads Free Coinage of Silver 2. Of all of the ideas the Populist Party pushed for in the late 1800’s the free coinage of silver was one the most important to them. What is the best reason for this? a. Farmers couldn’t find gold easily b. The American people would rather use gold for jewelry c. The US farmers didn’t have access to banks and couldn’t trade gol for US currency d. The Populist Party wanted to go to the Gold Standard of