Farmer’s and the populist movement

• Homework: 219-223

Maple Leaf Rag- Scott Joplin

Ragtime Music

Farmers Unite• Economic Distress fall

of Greenback- out of circulation after the civil war

• Railroads become Monopoly

• Grange and other farmers organizations- Oliver Hudson Kelley founder

• Farmers Alliance

Populism• Populist- movement of

people• Platform- rise in money

supply, graduated income tax, Popular vote for Senate, social programs

• 1893 Panic- too many loans unpaid, people buying on margin

• Populist Party turns US into a three party system

• Bimetallist vs. Gold standard (Republicans)

• William Jennings Bryant vs. William McKinley

• William Jennings Bryant becomes nominee for populist and democrats

• 1896 McKinley (Pres. #25) wins because of fear of inflation

Summary Questions

1) What was the organization that began as an educational and social outlet for farmers? Who organized it?

2) This Party adopted the gold standard, and were mainly business owners and industrialist and bankers?

3) What form of money was taken out of circulation after the civil war?

4) This party came into prominence making the system a 3 party system, proposed an increase in money supply, a graduated income tax and federal loans?

5) System of giving either silver or gold for currency?6) He was selected as a candidate for 2 parties and convinced

democrats with the “Cross of Gold Speech”?