WebThe Farmer’s Alliance was not the only organization that sprang up to defend the nation’s agrarian workers. The National Grange of the Order of Patrons of Husbandry, known as the Grange, was founded in 1868 in … WebSupporters of free silver included owners of silver mines in the West, farmers who believed that an expanded currency would increase the price of their crops, and debtors who hoped it would enable them to pay their debts more easily. For true believers, silver became the symbol of economic justice for the mass of the American people.

Why Did Farmers Support Bimetallism In The Late 1800’s?

Webanswer choices. to raise crop prices by increasing the amount of money in circulation. to lower shipping costs by decreasing the tax burden on the railroads. to stop farm foreclosures by having the government take over banks. to reduce farmers' debt by requiring the use of the gold standard. Question 9. 30 seconds. Web20 mei 2024 · Farmers believed a bi-metallic money supply would go a long way toward helping them solve their financial problems. Basically supporters of the free silver movement thought that bimetallism would help the economy by causing inflation. This would help farmers and others who had too much debt. Why did the Populist Party want free … dr frederic bushkin hollywood fl

How would bimetallism benefit farmers? - Quora

Web14 jan. 2013 · This would help the farmers and the farmers highly supported it because more money would be in circulation. Therefore the prices would rise, value of money … Web18 mrt. 2011 · In the United States, bimetallism (gold vs silver) became a center of political conflict toward the end of the nineteenth century. Newly discovered silver mines in the American West caused an ... WebPopulist Movement, in U.S. history, politically oriented coalition of agrarian reformers in the Midwest and South that advocated a wide range of economic and political legislation in the late 19th century. Throughout the 1880s, local political action groups known as Farmers’ Alliances sprang up among Midwesterners and Southerners, who were discontented … dr. freddy achecar douglasville ga