The Rise of the Populists (1 янв 1890 г. – 1 янв 1896 г.)
Описание:
Cause:
1. revolt by farmers against Democratic and Republican parties for ignoring interests and difficulties 2. farmers in debt due to drought 3. prices for cotton dropped
Effect:
1. Direct popular election of U.S. senators instead of indirect election by state legislatures
2. The use of initiatives and referendums, procedures allowed citizens to vote directly on proposed laws.
3. Unlimited coinage of silver to increase the money supply
4. A graduated income tax (The more money a person makes, the more taxes they get)
5. Public ownership of railroads by the U.S. Government
6. The telegraph and telephone systems owned and operated by the government
7. Loans and federal warehouses for farmers to enable them to stabilize prices for their crops