Agrarian Populism: (1868-1896)
Rooted in "Grange" organizations: socio-poltical organizations spread rapidly in 1870's
Greenback Labor party: 1870's-1880's: championed more "greenbacks" in the economy-to fund small farmers - desired silver standard for paper money
Farmer's Alliance's 1880's: more focused political groups: argued for:
RR regulation
silver-backed currency
immigration restriction
government intervention in big business
Populists emerge from Alliances
organize "People's Party' - 1888 - strong political unity/cohesion for agrarian discontent
1892 election: Populists emerge as 3rd party: receive 22 electoral votes: widespread popularity in rural South and West
Colorful, animated leadership: Mary Lease, "Sockless" Jerry Simpson, William Jennings Bryan
"bi-mettalism" is key issue: desire for more silver purchasing by government to release silver-backed dollars
1896 election
In context of diffiuclt depression, tough economic times of 1890's
Bryan vs. William McKinley: " gold bugs" vs. "cross of gold"
key issue: silver/gold ration for paper currency: Populist goal: 16:1
Populists merge with Democrats: "fusion" candidate: Bryan
McKinley wins over Bryan: Populists effectively ended as independent political group
Populists: Conclusions/Analysis
symbolic: growing urban-rural split in country
urbanization/industrialization also alienating many
had elements of pervasive racist, oppressive climate (nativist, anti-Semitic, etc.)
reform of current system or something new altogether?
Long-term significance?