HIS 315L Lecture Notes - Lecture 7: Emilio Aguinaldo, Platt Amendment, Money Supply
Document Summary
From farmers, specialized skills factory system, class of industrial labors. Cheap labor in factories, large people who own the company. Gold standard us currency, can exchange a dollar for a dollar"s worth of gold, tried to limit the printing of money to prevent hyperinlation. Problem: limits the money supply prevents money from being used for wages, prevents lexibility. No education because they have to work all their life. Carnegie poverty is a form of failures. Hurst proitable newspaper, stories to grab attention, drama . Platt amendment independence, allows us to intervene whenever they see it. Philippines us has become an international power with colonies, commercial/trade need, white man"s burden, markets. Anti-imperialism we don"t civilize people, focus on our own problem, should support liberty. Implying that if the american public knew what was happening in the philippines then they would demand the end to american colonial conquests. Wanted to get some profit from the scramble for asia.
