POPULIST PARTY PLATFORM

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POPULIST PARTY PLATFORM FREE AND UNLIMITED COINAGE OF SILVER 16 : 1 RATIO Why? More $ in circulation Help farmers obtain loans Ease inflation Help farmers purchase necessary machines

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FREE AND UNLIMITED COINAGE OF SILVER 16 : 1 RATIO. Why? More $ in circulation Help farmers obtain loans Ease inflation Help farmers purchase necessary machines. POPULIST PARTY PLATFORM. GRADUATED INCOME TAX Rate of taxation goes up as income goes up. 16 TH Amendment (1912). - PowerPoint PPT Presentation

Transcript of POPULIST PARTY PLATFORM

Page 1: POPULIST PARTY PLATFORM

POPULIST PARTY PLATFORM

• FREE AND UNLIMITED COINAGE OF SILVER

• 16 : 1 RATIO

• Why?– More $ in circulation

• Help farmers obtain loans

– Ease inflation• Help farmers purchase

necessary machines

Page 2: POPULIST PARTY PLATFORM

POPULIST PARTY PLATFORM

• GRADUATED INCOME TAX– Rate of taxation goes

up as income goes up.

– 16TH Amendment (1912)

• Reduce power of wealthy over country

• Promote programs to help common man with increased tax dollars.

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POPULIST PARTY PLATFORM

• SECRET (AUSTRALIAN) BALLOT

• Voting often in public– Avoid pressure from

boss and landlord

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POPULIST PARTY PLATFORM

• DIRECT ELECTION OF US SENATORS– Constitution;

• Article I

– State legislatures chose US Senators from their state

– 17TH Amendment

• Unfair influence by business lobbyists

• Want PEOPLE to have a direct involvement in choosing their elected officials.

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POPULIST PARTY PLATFORM

• INITIATIVE• REFERENDUM• RECALL

• Give the PEOPLE more direct voice in government– Initiative enables citizens to

draft laws and constitutional amendments and place them on the ballot for a popular vote.

- Referendum provides for a popular vote on laws passed by the legislature.

- Recall allows citizens to remove elected officials from office.

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POPULIST PARTY PLATFORM

• SHORTER WORKING HOURS

• RESTRICT IMMIGRATION

• Improve working conditions of laboring class

• Prevent increase in workers from driving wages down.

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POPULIST PARTY PLATFORM

• SUBTREASURY • Blamed bankers for farmers’ problems

• Want to end national banking system

FAILS: Federal Reserve System established 1913.

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POPULIST PARTY PLATFORM

• GOVERNMENT REGULATION OF RAILROADS, TELEPHONE, AND TELEGRAPH SYSTEM

• Angered by unfair rates– Want federal gov’t to

take ownership of these companies

• FAILS: Socialist policy; little support

• T. Roosevelt will reform RR practice.