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Populist Movement Analysis

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Party that started with Western farmers, demanded free and unlimited coinage of silver to increase the amount of money in circulation. that “Populism means that when money gets scarcer, government shall start up a few hundred printing presses and run out seven or eight thousand millions of paperdollars.” This explanation indicates the weakness of the agrarian communities in the eyes of some of the titans of industry whose profits would have been cut as a result of the proposed inflation- a prime example of the polarization occurring between the owning and producing American classes. As debate over free silver and other financial issues heated up, populists’ drive to force their way into American politics accelerated and gained momentum heading …show more content…
The issues and reforms they addressed throughout their campaign remained relevant throughout the populist political expanse. For example, free coinage of silver and paper money and the regulation of railroads were still vouched for in addition to the enforcement of a Federal Income Tax Amendment. Ratification of such an article would authorize the US government to collect a federal income tax, increasing the amount of money circulating in the everyday American society. This appealed to the producing classes of Americans not only because it increased chances of repaying their bankers and merchant loan debts, but because it would bestow increased pressure on the wealthier classes of Americans to help enrich the economy. Although not enacted immediately in this election or the next, eventually a Federal Income Tax would be implemented by the Sixteenth Amendment in 1913 along with the notion that senators should be elected …show more content…
Populists were committed to diminishing their financial reliance on the United States’ industrial companies with the government’s authority, developing into the emergence of the populist party. The populists played a huge factor into the transformation of the democratic party by perserving our modern day policies and were able to gather the farmers and working class as they assembled them into a powerful group to alter the political spectrum. Facing personal financial crisis as the Gilded Age continuously chose to support business tycoons over them, the producing classes of farmers, miners, and factory workers of the United States fought throughout the end of the nineteenth century for their own slice of wealth, using the populist political party as their platform to take part in the economic

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