HIST 2112 Lecture Notes - Lecture 6: National Grange Of The Order Of Patrons Of Husbandry, Hard Currency, Money Supply
Document Summary
Improves the standard of living for urban dwellers: average was. Improves productivity, however : bad times for small farmers! Mom + pop farms struggle to compete with the bigger farms. Many went out of business and lost their house. Farmers couldn"t afford the american product prices (european equipment would be way cheaper if not for the tariffs) The only way to get their products to the market was. Gold standard hurt the farmers, so they wanted to expand it to both silver and greenbacks so that it would be easier for them to borrow money. Farmer cooperatives known as the grange movement or. Wanted the world to know their struggles during the time. It continues to grow in the west and south. Becomes a political force known as populism (populist party) Represents: small farmers, blacks and poor whites. Knows no bounds: government intervention in economy, expanding the money supply. Opposes: banks - the money lenders, railroads, corporate monopolies, big business.
