Between the late 19th cytosine and the early twentieth century the United States underwent some big changes. From the farawayms of the west to the cities of the Northeast, American authorities were making a huge transition. Reconstruction was e verywhere and it was conviction to move on. Â Â Â Â Â Â Â Â In 1873 the economy took a twist around for the worse when relying firm Jay Cooke and Company declared bankruptcy. Jay Cooke and Company was a bank that handled a large number of railroad confederacys money. This caused 89 of the 364 railroad companies in the United States to go let out of business. This economic dip was bad intelligence service for farmers. The rebrinying railroads at present had less competition which caused prices to skyrocket far past what farmers could founder to ship their food. In 1876, farmers decided to tie in and tenor the Farmers union in Lampasas, Texas, with a goal of collective economic march against brokers, railroads an d even the government due to their need of protection of the farmers. The conjunction eventually banded with the Knights of Labor to form the Populist Party. Their main stance as a semipolitical party was to support the eternal coinage of silver as currency. This, the Populists believed would help make the prices of their food more affordable and allow credit to flow easier by dint of rural banks.
The party as well as called for the direct election of put up senators by the large number of the state, not the states legislature. However, the party eventually died, it was very hard to get votes in the urban and very inhabit nor theast because of their lack of agriculture ! and loser to relate to the issues of the Populists. Â Â Â Â Â Â Â Â The cobblers last of the Populist movement initiated the birth of a new one. In the early 20th century Progressivism was created to wrap up what the Populists... If you neediness to get a full essay, order it on our website: BestEssayCheap.com
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