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No, it was the businessmen who were opposed.
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Who did the populists represent?
The Populists Party represented the views of the ordinary people. It mostly consisted of farmers and those who preferred the free coinage of silver.
Why did the coinage act of 1873 cause protest?
The Coinage Act of 1873 stopped the minting of silver coins.
Who is the populist party?
People in the Populist party had interest in the free coinage of silver, were mostly created by labor and farmers, wanted a graduated income tax, and government control of monopolies.
Who were most likely to support William Jennings Bryan in the election of 1896?
People who would support William Jennings Bryan would be most likely farmers and people who supported the use of silver for money and not only the use of the gold standard.An evangelical ProtestantA small farmer in KansasNevada silver minerspopulistscotton farmers
Why did plains farmers in the late 1800 tend to support the use silver and gold to back currency?
It would put more money in circulation.
What types of groups in the gilded age did NOT support increased coinage of silver?
Farmers
What group supported free coinage of silver in order to increase the money supply?
farmers
Who Favored free coinage of silver?
The southerners and the westerners primarily favored the free coinage system.
What party did the populist party support to raise crop prices?
the coinage of "free silver"
Which group of people most likely supported William Jennings Bryan during his 1896 presidential campaign?
farmers, or silver democrats Bryan was famous for his "Cross Of Gold" speech, which advocated the coinage of silver, which would be beneficial to farmers and the like.
Why did industrialists oppose the increased coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
Why did the industrialists oppose the increased coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
Why did industrialists oppose the increase coinage of silver during the nineteenth century?
In my view, the industrialists feared that coinage of silver would increase the money supply and thereby lower interest rates to the benefit of the debtors, such as farmers, and the detriment of the creditors, such as the industrialists.
What policy did the populist party support to raise crop prices?
the coinage of "free silver"
Why did the farmers want silver coinage and inflation?
silver coinage induced inflation which was beneficial to the farmers because it allowed farmers to pay loans of quicker and loans themselves were easier to acquire with the larger supply of money.
Who did the populists represent?
The Populists Party represented the views of the ordinary people. It mostly consisted of farmers and those who preferred the free coinage of silver.
Which groups did populists appeal to most?
The Populist Party appealed strongly to farmers who were deep in debt and felt betrayed by the traditional political parties. It proposed a progressive income tax and would allow the free coinage of silver which appealed to many others.
