Finance—We demand a national currency, safe, sound, and flexible, issued by the general government only, a full legal tender for all debts, public and private, and that without the use of banking corporations, a just, equitable and efficient means of distribution direct to the people, at a tax not to exceed 2 per cent per annum, to be provided as set forth by the sub-treasury plan of the Farmers' Alliance, or a better system; also by payments in discharge of its obligations for public improvements. Thus, the subtreasury plan was designed to alleviate the farmers' biggest problems: lack of money; paying numerous middlemen; and glutting the market at harvest time, which depressed prices. | Cooperative Learning Guide for Teachers, Precalculus for Teachers: Professional Development, PLACE Reading Teacher: Practice & Study Guide, 7th Grade World History: Enrichment Program, Introduction to Management: Help and Review, Common Core HS Functions - Quadratic Functions, Quiz & Worksheet - Confucian Virtue Ethics, Quiz & Worksheet - Integrating Functions With Partial Fractions, Quiz & Worksheet - Meditation vs. Hypnosis & Their Effects, Quiz & Worksheet - Comparing Judaism, Christianity and Islam, Quiz & Worksheet - DNA Packaging and Chromosome Condensation, Stages of Mitosis: Description & Sequence, Clytemnestra of Greek Mythology: Character Analysis, Overview, IELTS Speaking Section: Structure & Scoring, Tech and Engineering - Questions & Answers, Health and Medicine - Questions & Answers. The movement had emerged out of the cooperative crusade organized by the Farmers Alliance in the 1880s. The people are demoralized; most of the States have been compelled to isolate the voters at the polling places to prevent universal intimidation and bribery. What did the Populist Party want to do once they got control of the government? The populist party platform called for a graduated The Populist Party platform called for a graduated income tax - meaning that the more you earned, the more you paid, and the less you earned, the less you paid. Our country finds itself confronted by conditions for which there is no precedent in the history of the world; our annual agricultural productions amount to billions of dollars in value, which must, within a few weeks or months be exchanged for billions of dollars' worth of commodities consumed in their production; the existing currency supply is wholly inadequate to make this exchange; the results are falling prices, the formation of combines and rings, the impoverishment of the producing class. Populist Party Platform (1892) The People's party, more commonly known as the Populist party, was organized in St. Louis in 1892 to represent the common folk—especially farmers—against the entrenched interests of railroads, bankers, processers, corporations, and the politicians in league with such interests. flashcard set{{course.flashcardSetCoun > 1 ? Populists sought a more flexible currency; in other words, more money in circulation. Additionally, at various times the party supported tax reform, the regulation of trusts, popular election of officials, direct legislation, and proportional representation. The national party's platform read, in part: "We meet in the midst of a nation brought to the verge of moral, political, and material ruin. So, what did they do about it? The Panic of 1873 struck especially hard at farmers and industrial workers. Compare/Contrast how Democrats, Republicans, and Populists viewed economic and political issues (tariffs, currency, business, role of government)? Populist Party Platform (1892) The People's party, more commonly known as the Populist party, was organized in St. Louis in 1892 to represent the common folk—especially farmers—against the entrenched interests of railroads, bankers, processers, corporations, and the politicians in league with such interests. Second—Wealth belongs to him who creates it, and every dollar taken from industry without an equivalent is robbery. just create an account.
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