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The Failure Of The Populist Party In The United States

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The Populist Party, also known as the people’s party mainly formed to express the farmers’ discontent, but grew rapidly to become one of the major third political parties the United States ever had. The Party spoke against corruption, a deficient monetary system, and the lack of response from the government. Farmers felt that neither of the two parties cared for their problems or addressed them, and that the government was unresponsive to their needs, which lead them to build their own political party, to find solutions for their problems. The party’s major goals were to stop the divisions that have been separating farmers following the civil war, better the lives of rural families and improve their situation. The shift from an agricultural economy to an industrial economy caused the farmers and common people to suffer greatly. …show more content…
Because of the high costs of production and the high interest rates that banks charge for loans, farming was becoming less productive, farmers weren’t making enough profit, and the majority were becoming chronically in debt. Populists believed that farmers should be getting back enough profit to live by and feed their families while being able to pay for their operations. An unlimited coinage of silver, or “free silver” was one of their demands in order to combat the low prices problem. Farmers wanted to start inflation. They believed that it would be highly beneficial for the large group of farmers that were in debt. Populists called for government ownership of all types of communication and transportation in order to fight increased costs of production. They sought a better monetary system, and urged for tax

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