Download - Farmers, Failure and Free Silver

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Page 1: Farmers,  Failure and Free Silver

Farmers, Failure

and Free Silver

Page 2: Farmers,  Failure and Free Silver

A. Farmers Move West• Cheap Land and the Homestead Act• Railroads Link East and West

Page 3: Farmers,  Failure and Free Silver

B. Farmers Face Falling Prices

Page 4: Farmers,  Failure and Free Silver

• Farmers Borrow to Buy New Technology: Tractors and Combines

• Technology More Production (Wheat, Cotton, Corn)

• More Production Falling Prices• Falling Prices Farmers Try to Produce Even

More More Falling Prices

Page 5: Farmers,  Failure and Free Silver

C. Farmers Face Rising Costs, Unpredictable Harvests, and Foreclosure

• Railroads Raise Prices

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• Unpredictable Harvests: Bugs and Bad Weather

•Failure and Foreclosure: Banks Repossess Farms

Page 7: Farmers,  Failure and Free Silver

II. Early Solutions Fail

• Work Together: Form Cooperatives to Store and Sell Crops

• Lobby for Laws: Regulate Railroads & Storage Facilities

Page 8: Farmers,  Failure and Free Silver

III. The 1890s Solution: Free Silver, Populists, and the 1896 Election

A. Farmers, Fixed Debts, and Inflation

B. Free Silver for Inflation

Page 9: Farmers,  Failure and Free Silver

C. William Jennings Bryan’s “Cross of Gold” Speech

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D. The McKinley Victory and the Failure of the Populists

Page 12: Farmers,  Failure and Free Silver