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Gilded Age
The time between the Civil War and World War 1 where the economy grew quickly and there was political corruption and financial misdealings.
Ingredients leading to the Explosion in the 1890's
1. Unsolved Problems:
2. Agrarian Protest
3. Labor unrest
4. Political Insensitivity
5. The Depression of 1893
Panic of 1893
It was an economic depression that was marked by the collapse of railroad overbuilding and unsteady railroad financing that triggered a Stock Market crash.
1894 Pullman Strike
George Pullman reduced 25% of wages due to the depression of 1893 but did not reduce the rents and Pullman workers were paid in scripts and not in dollars. Workers shut down all railroads.
Eugene V. Debs
Head of the Railway Union and director of the Pullman Strike 1894 and was arrested for joining the strikers instead of ending the strike. He then got out of jail running for president
Coxey's Army (1894)
Coxey began a protest to government inaction and Cleveland's insensitivity to the unemployed and homeless
Wilson-Gorman Tariff of 1894
Election of 1896 (include party philosophies)
McKinley (Republican) won over William Jennings Bryan(Democrat and Populist)
democratic party: favored silver and bimetallic currency
republican party:liked McKinley because he favored the strict gold standard, pro-business, and anti-union
populist party: they hated what the other two parties have not done for the farmers and workers in the country
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