Populism and the Wizard of Oz

Populism had incredible appeal in the southern states where poverty and shame seemed the greatest. The people felt trapped between the republican bankers of the northern and the new1y freed slaves, against whom they had to compete in the circulate labor market. populist politicians open that they could do relatively littler to control the bankers and the wealthy privileged, meagerly in the newly freed slaves they found a scapegoat for any(a) their problems and complaints. They overly promoted a totally new transcription of racial segregation. plain though they lost all national elections, the democrats managed to pull finished control of all of the southern states and several western ones. Populist programs had a tremendous impact on the lives of African-Americans, but they had comparatively little on the bankers or on the fiscal system of the country, which became plain more aureate-oriented. During most the remainder of the nineteenth century, divers(prenominal) semipolitical factions fought over whether the United States should have only the gold stock or both the gold and the fluid standard. Populist senator William Jennings Bryan from the kick upstairs state of Nebraska campaigned tirelessly for the determination of both silver and gold as a monetary standard.

In his renowned acceptance speech after receiving the presidential nomination at the 1896 Democratic convention, Bryan aimed carefully at the bankers, financiers, Republicans, and all the greedy. Despite the deafening applause of the Democrats, he suffered a essential defeat by the Republican nominee, William McKinley, in 1896 and again in 1900. In 1878, the U.S. Congress passes the Bland- Allison doing to provide for freer ! coinage of silver. The act as adopted needful the U.S. Treasury to purchase between $2 million and $4 million worth of silver capital each calendar month at market prices; this was to be coined into silver dollars, which were made... If you want to push a full essay, inn it on our website: OrderEssay.net

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