CHAPTER 5

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CHAPTER 5 SECTION 3

• FARMERS
• THE POPULIST MOVEMENT

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• POST-CIVIL WAR
• DEFLATION
• HURT FARMERS (ECONOMICALLY)
• FARMERS WANTED
• GREATER SUPPLY

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ANOTHER PROBLEM

• RAILROADS
• KEPT RAISING PRICES
• NO COMPETITION
• ( THIS INCREASED FARMERS DEBT )

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THE GRANGE (1867)

• EDUCATIONAL PROGRAMS
• SOCIAL ORGANIZATION
• POLITICAL ACTIVITIES

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THE POPULIST PARTY PLATFORM

• INCREASE MONEY SUPPLY
• GRADUATED INCOME TAX
• REGULATION OF RAILROADS
• FEDERAL LOAN PROGRAM
• DIRECT ELECTN OF SENATORS

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THE POPULIST PARTY PLATFORM

• INITIATIVE REFERENDUM
• SINGLE TERM PRESIDENCY
• SECRET BALLOT
• 8 HOUR WORKDAY
• IMMIGRATION RESTRICTIONS

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THE POPULIST PARTY

• WAS SUCCESSFUL
• IT ELECTED . . .
• 5 SENATORS
• 10 REPRESENTATIVES
• 3 GOVERNORS
• 1,500 STATE LEGISLATORS

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THE PANIC OF 1893

• ECONOMIC DEPRESSION
• BUSINESSES GO BANKRUPT
• HAS A SNOWBALL EFFECT
• HIGH UNEMPLOYMENT
• 20-25 IN SOME PLACES
• STOCK MARKET CRASH
• STOCKS LOST THEIR VALUE
• LASTED UNTIL 1897

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THE END OF POPULISM

• 1896 1900 ELECTION
• BAD ECONOMY IS MAJOR ISSUE
• WILLIAM JENNINGS BRYAN
• DEM POP CANDIDATE
• BIMETALISM
• LOSES BADLY TO MCKINLEY
• POPULISTS ABSORBED BY DEMOCRATS

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• WILLIAM
• JENNINGS
• BRYAN
• POPULIST PARTY
• CROSS OF
• GOLD SPEECH

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ELECTION OF 1896
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ELECTION OF 1900
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• GET READY
• FOR YOUR
• FIRST
• CHAPTER QUIZ

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• HAVE YOU READ THE CHAPTER??

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