The growth of discontent 1888 1896 harrison and the

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The Growth of Discontent, 1888- 1896… Harrison and the Billion Dollar Congress… The Election of 1888… Benjamin Harrison was the grandson of William Henry Harrison (war hero; Battle of Tippecanoe and president briefly in 1841). He defeated Cleveland, the sitting president, although Cleveland had more popular votes. The main issue was the tariff. Harrison favored protective tariffs and Cleveland wanted them reduced, because he saw them as unfair taxes on consumers. Identify a comparative context for this election. Purpose: Impact on economy: Purpose: Impact on economy: Purpose: Impact on economy: Purpose: Impact on economy: Purpose: Impact on economy: Purpose: Impact on economy:
The Growth of Discontent Continued… Key Concepts and Main Ideas Notes Analysis The “ Gilded Age ” witnessed new cultural and intellectual movements in tandem with political debates over economic and social policies . Billion Dollar Congress.. 1. The McKinley Tariff of 1890 Note on McKinley Tariff: The Democrats had pledged to lower tariffs, and protested the McKinley Tariff… but by the time the Wilson- Gorman Tariff of 1894 made it through Congress, it was so loaded with special-interest protection that it hardly made a difference in the McKinley Tariff rates. Cleveland allowed the bill, but the Supreme Court, much to the dismay of the Populists, struck down the income tax provision of the tariff. 2. 3. Sherman Antitrust Act of 1890 Note on the Sherman Antitrust Act: Despite being a step toward challenging trusts and protecting the free market, this act was largely unsuccessful, because politicians were unwilling to truly challenge big business and the new law was used more to thwart efforts of organized labor than to break up the power of the monopolies trusts. 4. Sherman Silver Purchase Act of 1890… Note on the Silver Purchase Act: Although this was a victory for farmers and other debtors, it was unsuccessful because the increased supply of silver reduced its value which resulted in the inability of miners to make a profit and leading thousands to exchange silver notes for gold notes which led to lack of gold supply. 5. Return of the Democrats… Rise of the Populists Omaha Platform… Which action by the Billion Dollar Congress was the most impactful? Explain and defend your answer with specific evidence. Explain how the Populists illustrate the impact of industrialization and urbanization. Defend your answer with specific evidence.
The Growth of Discontent Continued… Key Concepts and Main Ideas Notes Analysis The “ Gilded Age ” witnessed new cultural and intellectual movements in tandem with political debates over economic and social policies . The Election of 1892… Depression Politics… Panic of 1893 Gold Reserve and Tariff… Jobless on the March… Compare the Wilson-Gorman Tariff of 1894 to the McKinley Tariff of 1890. What is significant about this comparison in terms of politics?

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