AP US History
Miss. Guzman
Period: 7
Ever wondered how farmers lived in the 19th century? The government passed laws that favored the wealthy.Technology was making vast strides but mainly in urban manufacturing. The technological advancements that were made available were sold to the farmers at ludicrous prices. Economically, the prices of agriculture was declining and as a result, farmers often lived in poor conditions. But, farmers not were represented in government, urban industry and big business overpowered farmers. So to what degree was the lives of farmers affected? Their situation is similar to the African Americans in the 20th century. Though events such as the Indian Removal Act of 1830 and Trail of Tears benefited the farmers …show more content…
The gold standard is a prime example. In the United States, bimetallism (gold vs silver) became a heat topic of political conflict nearing the end of the nineteenth century. Newly discovered silver mines in the American West caused a dramatic decrease in the value of money. In order to demonetize silver, the government passed the Fourth Coinage Act in 1873 just as these silver resources were being flooded with miners. Supporters of monetary silver, known as the Silverites, referred to this act as “The Crime of ’73,” as it would prevent inflation. Instead deflation resulted, causing problems for farmers with large mortgages who found they could only market their goods for merely a fraction of their post-Civil War price. Later on a debate came to head at the Democratic Party National Convention when, on July 8, 1896, a leading Democratic figure of the time, William Jennings Bryan, stood up in support of establishing a silver standard. But, four years later Jennings lost the debate when the congress passed the gold standard of 1900. Since farmers could not obtain the silver standard they struggled to simply to business and make profit to support