History Chapter 7
Cross of Gold speech
William Charles Bryan's famous speech at the Democratic Convention
the Grange
an organization that helps farmers regulate business
Farmers' Alliances called for
putting more money into circulation
monetary policy
The federal government plan for the makeup and quantity of the nations money supply
In the 1880's American Presidents most often protected the interests of
business and industry
William Jennings Bryan lost the election in 1896 because he could not
carry the urban and industrial centers
deflation
drop in the price of goods
Populist
followers of the Peoples Parth
Reforms pushed by the Populists included
government ownership of transportation systems
Reforms pushed by the populists included
government ownership of transportation systems
Bankers supported deflation because this policy would
increase the value of money
Farmers favored inflation because
it increased crop prices
Bland-Allison Act
law requiring the federal government to purchase and coin more silver, increasing the money supply and causing inflation
Interstate Commerce Act
law to regulate railroad and other interstate businesses
Farmers generally favored
lower tariffs
