Industrial-Unions

Industrial-Unions - Industrial/Unions POPULIST PARTY...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Industrial/Unions POPULIST PARTY Founded by members of Farmer’s Alliance Also got support from urban laborers Supported policies that would create inflation, making debts easier to pay off and raising crop prices 1892 election didn’t do well Panic of 1893 Three years later, unemployment went up, strikes increased, and the party grew Opposed Cleveland Didn’t like how he dealt with Morgan and other industries in the bailout (lent $62 million to gov’t in return for US bonds) They saw him as pro-business republican who didn’t care for the poor So in 1896, joined with democratic party in supporting William Jennings Bryan Republicans: William McKinley Ran for pro-business platform and supported high protective tariffs 6 years earlier, he was a rep in congress and went for the McKinley Tariff (1890) protective tariff-50% increase so that’s how he won because he got the support from big businesses-Morgan, Rockefeller once elected (two terms) depression eased prosperity returned slowly
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/17/2011 for the course HIST 072 taught by Professor Jenniferl.bertolet during the Fall '08 term at GWU.

Page1 / 2

Industrial-Unions - Industrial/Unions POPULIST PARTY...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online