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22 Cards in this Set
- Front
- Back
Deflation
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the dollar would buy more every year
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Cheap money
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money became cheaper when there was more of it
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greenbacks
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paper money with no backing in silver or gold
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Inflation
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rise in supply of money=level of prices raised
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Free silver
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proposal for mining silver
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Bland-Allison Act
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Bill that required government to buy and coin at least $ 2 million worth of silver a month
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Civil Service reform
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an attempt to change government jobs to qualified people
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Pendelton Act
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Forbade appointments to office for political reasons and made it illigal to asses job holders to support the party
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Presidents
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Era of weak presidents
Grant Rutherford Garfield(arthur) Cleveland Harrison Cleveland McKinely |
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"laissez faire"
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let be- government doesnt controll economy or business
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Stalwarts and Halfbreeds
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Both republican parties fighting to keep spoils power
SW-Against civil service reform b/c they had power of spoils HB-1/2 and 1/2 in favor of reform |
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Interstate Commerce Act
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Banned rebates and other favors given to powerful shippers
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Interstate commerce commison
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inspected new rates
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Sherman Anti Trust Act
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aimed to punish restraint of trade or commerce
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Populist party
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W and S farmers, radicals and reformers, wanted free coinage of silver, income tax, short work days
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Mary Elizabeth Tease
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thought that wall street was taking over the country.
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"sockless jerry simpson"
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from kansas. ran for congress and accused opponent of wearing silk stockings
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Tom Watson
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Rabble rousing crusader who spoke for populists in congress
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Coxey's Army
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Jacob Coxey led an "army" of 500 workers march from ohio to washinton to publicize the right of the poor
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The Grange (patrons of husbandry)
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was social at first to share ideas- but then tried to get laws passed (farmers)
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Granger laws
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state level laws that regulated rail rodes
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Populists stood for 6 things
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1. Government ownership of RR, telegraphs, and telephones.
2. Standard 40 hr work week for industrial workers 3. Direct election of senetors by voters 4. income tax-tax on money you make 5. Free silver 6. tariff reform |