4.14.11 The American Farmers and the Agricultural Crisis of the Gilded Age

4.14.11 The American Farmers and the Agricultural Crisis of the Gilded Age

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The American Farmers and the Agricultural Crisis of the Gilded Age A. Difficult times in the South Plains states and the west: a. Dependence on RR to market products high cost of transportation due to railroad monopolies i. “Long haul vs. short haul evils” b. High taxes i. land and livestock c. Protective tariff i. bought in a protected marked sold in an unprotected one ii. Increase production but surpluses cause lower prices iii. still have fixed costs (mortgages, etc.) d. Scarcity of money and high cost of credit e. Across the nation in the 1870s and 1880s, farmers were going broke and losing their land i. Attraction of the OK: 1. Boomers, Sooners, and Land Runs B. The “Farmer’s Revolt” a. “Raise more hell and less corn.” – Mary E. Lease
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Unformatted text preview: b. Ours is a grand, a holy mission to drive from our land and forever abolish the triune monopoly of land, money. and transportation. c. Formation of the populist (peoples) Party i. Omaha Convention of 1892 1. Radicals? 2. Seek greater role by the FEDERAL government 3. free and unlimited coinage of silver at a rate of 16:1 (vis a vis gold) 4. Nationaliztion of the RR, telegraph and telephone industries 5. graduated income tax 6. U.S. postal savings banks 7. directed election of the U.S. senators 8. 8-Hour work day 9. Australian Secret Ballot 10. Initiative (Petition), referendum and recall 11. Most goals later absorbed by the democrat party and incorporated into the progressive agenda...
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This note was uploaded on 09/27/2011 for the course HIST 1103 taught by Professor Rohrer during the Spring '06 term at Oklahoma State.

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4.14.11 The American Farmers and the Agricultural Crisis of the Gilded Age

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