Populism Populism is a movement which supports "the people" versus "the elites."
The Silver Issue Crime of 73 demonetization of silver (govt. stopped coining silver). Bland-Allison Act (1878) limited silver coinage to $2-$4 mil.
Mother Nature – droughts, floods, grasshoppers, boll weevil High Taxes Tariffs did not protect farmers from foreign competition One-Crop economy.
Debate over the Money Supply Expand greenback (soft money) –Expectant capitalists, debtors, farmer –Why? Borrow $$ at lower interest rates Pay off.
The Silver Issue “Crime of ’73” demonetization of silver (govt. stopped coining silver). Bland-Allison Act (1878) limited silver coinage to.
Problems for Small Farmers 1.Can’t compete with corporate farms 2.Reliance on cash crops 3.Falling prices & overproduction 4.Rising costs: expensive.
