Feds And Farmers

Question 1

Soft Money

Answer 1

• not back by gold or silver

- inflationary

Question 2

Type of money favored by farmers

Answer 2

-soft money
-creates inflation
•expanded money supply
•increased credit availability

Question 3

Macune’s alternative suggestions on deflating rural poverty for farmers

Answer 3

1) organize
2) gain political influence
3) bargain strength in national economy

Question 4

Root problem of farmers

Answer 4

Overproduction

Question 5

Omaha Platform

Answer 5

• sub-treasury
• free sliver
• increased money supply
• graduated income tax
• government ownership of railroads
• 8 hour work day and immigration restriction

Question 6

Hard Money

Answer 6

• backed by gold or silver

- deflationary

Question 7

Mary Elizabeth Lease

Answer 7

“Raise less corn and more he’ll”

Question 8

Tom Watson

Answer 8

• organize
• educate
• agitate

Question 9

Greenbackers want federal government to:

Answer 9

• print more money

- withdraw all state money, and replace it with federal dollars

Question 10

Tom Watson unsuccessful

Answer 10

Disagreeing views between farmers (advocates of soft money who favor inflation) and workers (advocates of hard Money who favor deflation)

Question 11

The Grange

Answer 11

• farmers movement

- pools, co-ops, manufacturing

Question 12

Granger Laws

Answer 12

Farmers go to government for help with their problems

Question 13

Munn V Illinois

Answer 13

State regulations up held;

With the grange

Question 14

Wabash V Illinois

Answer 14

Against the Grange