Unit 7 Lesson 11
February 17, 2017
Good Day
It's February 17, 2017
Make sure that your textbook is open to page 350
Unit 7 Review is available online
Unit 7 Kahoot ­ February 20
Unit 7 Test ­ February 21
Extra Credit Project ­ Due February 27
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Unit 7 Lesson 11
February 17, 2017
Unit 7 Lesson 11
1. What group was created to help farmers deal with their problems?
2. What did farmers want America to base its money on?
3. What is inflation, and why did farmers want it?
4. What were the 2 names of the farmers political party?
5. The nomination of whom for president caused the Farmer's political party to disappear and why?
EQ. How did SC's Populist Ben Tillman differ from the rest of the Populist movement? 2
Unit 7 Lesson 11
February 17, 2017
Following the Civil War farmers in SC expected to return to the good old days of farming rice and cotton. Change had happened however during the Civil War. The South now had competition from India and Egypt for cotton and that created a larger supply which drove the price of cotton down.
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Unit 7 Lesson 11
February 17, 2017
The price of Cotton dropped from 9.8 cents to 8.6 cents a pound in a ten year period of time. Because most farmers in the south relied on credit and the profit of their next years crop to clear the loan, life in the south declined for farmers. 4
Unit 7 Lesson 11
February 17, 2017
A new group was started to fight for farmers rights, called the Patrons of Husbandry, or the Grange. One of the major problems for farmers was increased competition, with the increase of technology foreign markets had more of an impact than ever. In addition to foreign markets westward expansion in the US created more internal competition. 5
Unit 7 Lesson 11
February 17, 2017
The Grange also campaigned for silver coinage. At the time the standard for money was gold, meaning that if a person went to a bank they could trade their dollars in for a dollars worth of gold. Because of the dollar being based on gold the number of dollars would never go up even if the population did, which would cause deflation or the lowering of prices.
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Unit 7 Lesson 11
February 17, 2017
Farmers wanted the opposite to happen because they had debt. By basing the amount of dollars on silver it would increase the supply of money and increase prices, inflation, but debt amounts would stay the same allowing them to pay off their debts easier. 7
Unit 7 Lesson 11
February 17, 2017
Many farmers tried to become involved in Politics as a way to better their own economic situation by forming Farmers Alliances. The Farmers Alliance did more politically than the Grange especially in the south winning many positions in congress and a governorship in Texas. 8
Unit 7 Lesson 11
February 17, 2017
These farmers would eventually result in the formation of the Populist Party also known as the people's party. This party was defined more by occupation and goals than by geographical lines. The reason the party was formed was because of problems caused by droughts in the plains in the 1880's, cotton prices still falling, the abuse of big business, and the failure of government to provide any help. 9
Unit 7 Lesson 11
February 17, 2017
The Populist party tried to gain power by attracting anyone against the conservative elite of the South, the Bourbon Redeemers. This included African Americans. Ben Tillman was an exception to this as as he worked with the poor whites but disfranchised the blacks in SC.
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Unit 7 Lesson 11
February 17, 2017
The party was officially formed in 1892 with a merger of the Knights of Labor and the Farmers alliance. Goals included regulation of big business, mainly railroads, government intervention to stop the panic of 1893, free silver coinage, direct election of senators, limits on immigration, and Cuban independence. 11
Unit 7 Lesson 11
February 17, 2017
In the East the Populists were seen as a joke without a hope of impacting anything. In the West the Populists made some progress actually winning a senate seat in Kansas. The Populist party itself vanished in 1896 when it merged with the democrats by both parties nominating William Jennings Bryan as the Presidential Candidate. When Bryan was defeated by McKinley the party on a national level was officially dead.
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Unit 7 Lesson 11
February 17, 2017
Even though the Populist party disappeared many of its ideals were carried out. The 17th amendment allowed for the direct election of senators. In the 1930's many of the ideas of the Populist party were brought back with the government intervention to try and stop the Great Depression in the New Deal.
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Unit 7 Lesson 11
February 17, 2017
Vocabulary Quiz ­ February 19, 2016
Temperance
Suffrage
What is the difference between and wet town and a dry town?
What is the difference between inflation and deflation?
Muckraker
scrip
Workers Compensation
Redeemers
Bourbons
disenfranchise
populism
land grants
agrarian
Lynching
antebellum
17th, 18th, and 19th Amendments
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Unit 7 Lesson 11
February 17, 2017
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