POLI 243 Lecture Notes - Lecture 16: Hard Currency, Free Trade, Solid South

• School: McGill University
• Department: Political Science
• Course: POLI 243
• Professor: Mark Brawley

Document Summary

1896 is considered an important year in american politics because there was a presidential election. Protection and sound money (gold standard) were important in their campaigns and election. This will be a dominating victory by the republicans. It was realigning because the republicans win majority in both houses in congress as well as presidency and they held onto it until around 1910 and the democrats dinally get into the house again. Republican dominance is associated with the election and the platform they run on: protectionism. The us is not endowed with capital that much at this point but it is industrializing and getting there slowly. 1900 is the year the us become relatively richer than others. Thinking about an analytical liberal approach and the distribution of interests inside the state. Using ss theorem: there should be an urban/rural cleavage. Whoever owns assets that are inputs that are abundant wants free trade. Farmers own a lot of lands want free trade.