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Chapter 13
Chapter 13 US History
Question | Answer |
---|---|
Oliver Hudson Kelley | started the Patrons of Husbandry, an organization for farmers that became known as the Grange |
Grange | purpose was to provide a social outlet and educational forum for isolated farm families (organize) |
Farmers Alliance | groups included many who sympathized with farmers, educated people on topics such as lower interest rates on loans and government control over railroads |
Populism | movement of the people and demanded reforms to lift burden of debt from farmers |
Bimetalilism | silverites, monetary system in which the government would give citizens either gold or silver in exchange for paper currency or checks. |
Gold Standard | backing dollars solely with gold |
William Jennings Bryan | won the Democratic nomination in 1896 and backed by populist movement, lost to McKinley. |
Bland Allison Act | required the government to buy and coin at least 2-4 million worth of silver each month. Was not enough to support money supply farmers wanted |
Panic of 1893 | economic depression, collapse of the countrys two largest employers, Philadelphia and Reading Railroad, helps McKinley win president in 1896. |