HIS 3728 Chapter Notes - Chapter 12: Marion Butler, Zebulon Baird Vance, William Jennings Bryan
Document Summary
Chapter 12: populism and the crisis of the 1890"s. Farmer"s alliance founded, found a new 3rd party (people"s party) Cyclical boom & bust, extreme volatility of financial markets & banking resources. Nc people grew unhappy with the democratic party because of the fence laws. White farmers were the loyal democratic voters, republicans were black. 1877, legislature in local government act- eliminated home rule (ensured democratic control of majority black and republican districts in east nc) Enacted new electoral law that established county board of elections to administer and supervise the electoral process. Establishment of state department of agriculture in 1877. Strongest support in nc, non political organization. Leonidas lafayette polk (confederate veteran, editor of progressive farmer) became nc"s first commissioner of agriculture- alliance leader. The subtreasury plan propose to establish government- guaranteed agricultural warehouses that would store farm products next end credit to. Redeemer zebulon vance introduced subtreasury plan, later opposed it. Railroads heightened competition and lowered agricultural prices.
