The Farmers Supported Bietallism
Farmers supported bimetallism simply because more money would be in circulation. Therefore, the prices would rise, value of money would decrease, so more people would have money. In the 1800's, farmers had a rough time with debt, therefore more money would mean the value would decrease.
Taliban
abolitionists
anti-Communist group
Fundamentalists (apex)
Nevada silver miners
bimetallism (apex)
The political goal of farmers was lower prices for grain storage.
Butty group
Farmers supported bimetallism in the 1800s because they believed it would increase the money supply by allowing both gold and silver to back currency. This expansion of the money supply was seen as beneficial for increasing prices for their crops, which had been suffering due to deflation and debt. By advocating for bimetallism, farmers hoped to alleviate their financial burdens and stimulate economic growth in rural areas. Ultimately, they viewed it as a way to gain more favorable economic conditions and better their livelihoods.
It was supported by a proslavery convention.
Farmers supported bimetallism simply because more money would be in circulation. Therefore, the prices would rise, value of money would decrease, so more people would have money. In the 1800's, farmers had a rough time with debt, therefore more money would mean the value would decrease.
Bimetallism
Bimetallism
Taliban
The Federalist
Fundamentalists