Answer the following questions in your notebooks,
reading the textbook from Chapter Six, Section Four
and this handout:
• (1) What was the problem with the money supply?
• (2) What did farmers and their
political supporters want to achieve
regarding the money supply?
• (3) What is William Jennings Bryan
referring to when he uses the
metaphor the “Cross of Gold” in this
famous speech?
U
- nrest in Rural
America …
-
Deflation …
-
The Money Supply …
-
The Crime of ‘73 …
-
How this especially hurts farmers …
-
The Great Deflation, 1870 to 1890 …
Economic Benefits
• Citizens increasingly became
wage earners instead of
farmers
• 18701910 GNP
per capita
more
than
doubled
F
- armers
Organize …
T
- he
Grange …
-
Cooperatives …
-
The Farmer’s Alliance …
-
The Subtreasury Plan …
and
Exchanges …
-
Populist
Party &
Populism …
-
Populism …
- opulist Party …
- he Farmer’s Alliance & the Populist Party supported the following …
-
P
T
The free coinage of silver
Regulation of railroads
Against tariffs
Women suffrage
Direct election of Senators
National banking system
Graduated Income tax
Eight-hour workday
Immigration restrictions
- A Young William
Jennings Bryan
Other Questions to Consider:
(1) What is William Jennings Bryan
referring to when he uses the metaphor
the “Cross of Gold” in this famous
speech?
(2) He traveled 18,000 miles days before
the election campaigning across the
country, but what does the handout call
this?
(3) What will happen to cities if the farms
in this country die?
(4) What was the response to his speech?
Presidential Election of 1896
• How was the Presidential Election of 1896 a
major turning point in American politics?
William
Jennings
Bryan
William
McKinley