The Populist Movement’s Grievances of the 1880s and 1890s

843 WordsFeb 26, 20183 Pages
The Populist Movement’s grievances of the 1880s and 1890s Throughout the 1880s and 1890s America was going through many changes and many of these were fought by the Populists. Silver being demonetized was another major problem for the Populists and they fought it along with asking for a national government regulated currency as well. The Populist Party also fought against the harsh taxes that were in place at the time in the United States. The biggest concern for many of the Populists was how to handle crop failures and how prices were to be controlled. All in all, the Populist movement was centered on helping out the farmers and improving the ever changing economy. The Coinage Act of 1873 was one of the major reasons why the Populist movement started and began forming. There were no real instant effects of the Coinage Act, and not many citizens in America used silver anyway (Friedman). Long term however, the United States would never be the same economically thanks to this monumental legislation. Officially accepting the Gold Standard, the American economy raised the demand for gold immensely, and as a result many gold deposits within America became depleted (Friedman). Consequently, the dollar and employees of America at the time became connected and tied to gold (Friedman). This was not a beneficial relationship, and the United States had become dependent on gold. Add in the fact that gold was being depleted rapidly and the demand for it was growing exponentially

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