HIST 1378 Lecture Notes - Lecture 4: Deflation, Theodore Roosevelt, Secret Ballot
14 Jun 2016
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Populist/progressives see gap between rich and poor and respond to it. Begin to think solution to social and economic problems is federal gov. to deal with them. Anti-trust laws deal with one company/person owning everything (like monopoly) Time in history where people expect fed gov to help. Have to get loans to pay for if don"t pay bank can take land, homes, etc. 1865 . 50/bushel wheat, 1895 60 cents/bushel wheat. Big effect on farmers with loans; 1880s farmers begin to lose property. Changes in demand for wheat/other crops decreases in us, worldwide increases. Early communist begin to emerge: populist party. Couldn"t really get southern votes cause was union general. Part of populist but democrats changed policies a little to use him as their candidate (still done today) Reduced state and local taxes (done in some) Les $ have to pay= more can pay for loan. Gov. ownership of rr, telegraphs, and telephone.
