AAS 033B Lecture Notes - Lecture 8: Pearl Harbor, Haole, California Alien Land Law Of 1913
Document Summary
Emerged out of greenback, grange and farmers alliance movements of the 1870s, 1880s. Not anti-market economy but opposed to concentration of corporate wealth which populists believed corrupted democracy. Generally male but prominent females such as mary lease. The plan sought to revolutionize credit and marketing arrangements for stable crops particularly cotton. Required federal government to construct warehouses or subtreasuries. Railroads have a monopoly (only one company, no competition) Farmers pressure government to make sure banks won"t charge interest rates. Currency, system allowing unrestricted currency of two metals (gold and silver). Gold was too rare, silver is too plentiful. Creditors (wall street, banks, railroad companies, and corporations) hate the populists. Resentful that foreign born people could gain access to good farm land. Wants law forbidding immigrants from owning land, only citizens could own land. Believed in the stereotype that all jews have money at the expense of hard working native born protestant people.