Dbq 19th Century Farmers

1224 Words Feb 28th, 2012 5 Pages
In the late nineteenth century shortly after the Civil War and Reconstruction, farmers in the Midwestern United States found themselves in quite a predicament. During the second industrial revolution of the United States that contained mass introduction of: railroads, oil, steel, and electricity, the risk-taking entrepreneurs of this era took an adventure into the world of cutthroat capitalism. In just a little time, a handful of monopolies arose in all these industries which hurt both the consumer of the product and the producer of the material (Doc. F). Because of the corrupt politicians in Washington DC, the absence of regulation on the monopolies put into place by bribes and greed or moderation from them, and the devious ways of the …show more content…
Not mainly from their government paycheck but from the whispers of top CEOs and entrepreneurs of the main monopolies. Also, the government was very keen to stab the farmers in the back by not allowing silver as another main rare metal into the Federal Reserve for the backing of their money. The people demanded a “16 to 1” for the federal funding. This meant that 16 ounces of silver could be the same worth as 1 ounce of gold. James B Weaver was a strong supporter of this and wanted to eradicate the weapons of the big trusts that were violent threats of fraud, bribery, and pillage (Doc. F). J. Laurence Laughlin was very adamant about this by denouncing the cries of the farmers by saying that all people were feeling the pressure of the crisis but the introduction of silver into the US funding would not be a magic cure (Doc. E). Also in President McKinley’s acceptance speech, he also deems these cries empty and saying that time will heal all wounds (Doc. B). It would take more than just time to heal this gaping gouge into the body of the United States thanks to the knife of unilateral laws of congress and the interpretation of the Supreme Court.
Finally is the allowance of these monopolies to rise in the first place. Since there were no regulatory agencies back in the second industrial revolution, big businessmen with the idea of trimming fat in their companies could conquer any competitor by using hardball tactics of purposely

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