Populism and American Empire

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Populism and American Empire

This lecture introduces one of the main points for the test, which is populism.

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Lecture Note
Texas A&M University
Hist 106 - History Of The U S
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HIST 106 2nd Edition Lecture 9 Outline of Last Lecture I. The innovative model T II. The burgeoning Trusts III. Managing the machines IV. Part 2: the spirit of progressivism V. Part 3: Reform in the cities Outline of Current Lecture I. Farmers protest inequality II. The people’s party III. Going national IV. Challenges of the depression V. Appeals for federal action Current Lecture  Historical context o In the 1890s, social, economic and political pressures created a crisis for both the political system and the government  Third party challenge generally by agricultural discontent disrupted political parties like never before  New developments set stage for political, social and economic change in the new century  Farmers protest inequality o Intro  Economic depression in agriculture at this time brought a lot of hardship to farmers in the US  Overproducing on a grand scale but rather than the farmers blaming themselves, they targeted the Japanese on the railroads o Credit inequalities  Government rules for national banks directed credit into the urbanized north and east  Prohibited loans on farm properties and real estate and farmers had to turn to other sources for credit (high interest rates)

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