Political Developments: Reasons for the formation of the Free Silver Movement Flashcards

1
Q

What was the core of support for the Democrat party?

A

The South

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2
Q

What was the South called due to their political consistency?

A

Solid South

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3
Q

What years did the Solid South last for?

A

1870-1960

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4
Q

What did it mean if the Democrats had full dominance on The South in terms of the economic conditions for many in the South?

A

They would continue to be the party for benefitting smaller businesses

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5
Q

Name another group of people in the United States that preferred the Democrat Party

A

Immigrants

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6
Q

What do some people label the era of the various presidencies from 1884-1892?

A

“The Era of Weak Presidents”

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7
Q

What was the case with the political balance between the Republicans and Democrats from 1884-92?

A

It was relatively balanced

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8
Q

Name an election which showed the near-balance between the Republicans and Democrats from 1884-92?

A

The election between Cleveland and Harrison

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9
Q

What policy did Cleveland (Democrat) and Harrison (Republican) both agree on? What does this show in terms of political balance?

A

Both supported the Gold Standard, meaning there was a balance as they had the same ideas

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10
Q

What was happening with gold production from 1865-90?

A

It was decreasing

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11
Q

What was happening with silver production from 1865-90?

A

It was increasing

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12
Q

What was the value of the amount of silver produced in 1860?

A

$150,000 worth of silver produced in 1860

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13
Q

What was the value of the amount of silver produced in 1890?

A

$57 million worth of silver produced in 1890

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14
Q

What did many miners want due to the escalation silver production in the USA?

A

They wanted it to become part of the currency

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15
Q

What was one success of the Free Silver Movement in 1890?

A

The 1890 Sherman Silver Act was passed

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16
Q

What did the 1890 Sherman Silver Act do?

A

Allowed the Federal Government to buy 4.5 million additional ounces of silver per month

17
Q

Why did miners and farmers support the Free Silver Movement?

A

Because it would result in inflation and they would be able to pay off their debts easier

18
Q

When was the Populist Party founded? (To the day)

A

May 8th, 1891

19
Q

What was one economic query that miners and farmers supported that the

A

Free Silver Movement

20
Q

What economic issue occurred in 1893

A

There was an Economic Depression

21
Q

Who was the President at the time of the 1893 Depression? What party were they under?

A

Cleveland (Democrat)

22
Q
A