13.3

http://teachers.henrico.k12.va.us/tucker/strusky_m/2360cwebpage/eText/ch13-3.pdf

1. In the late 1800's farmers were trapped in a viscous economic cycle.  Prices for crops were falling, so farmers often _______________ their farms so they could buy more land and produce more crops.  Farmers had trouble making enough money to pay off the mortgage so banks often _______________ people's mortgages and seized their property.
2. _______________ charged high prices to transport goods.
3. Farmers organized into Farmers' _______________like Oliver Hudson Kelly's Farmers' Alliance, the Grange.
4. Farmers' Alliances sent lecturers around to teach farmers good methods to farm, etc. so they could succeed and stay in business.
5. About 250,000 _______________ American farmers belonged to the Colored Farmers' National Alliance.
6. The _______________ party means the "party of the people".
7. _______________ is a positive change (brought in by a politician)
8. Populists wanted economic reforms including increasing the _______________ supply, a graduated income _______________, and a federal loan program.
9. The governmental reforms the populists pushed for were _______________ vote election of Presidents, single terms for President and VP, and a secret ballot to end voting fraud.  They wanted an 8 hour work day and restrictions on immigration.
10. in 1892, the Populist Presidential candidate got 10% of the popular vote.  5 _______________, 3 governors, and about 1,500 state legislators were from the Populist party.
11. In 1893, the economy took a very bad turn.  The Philadelphia and Reading _______________ company went bankrupt, followed by the Erie, Northern Pacific, Union Pacific and Santa Fe RR companies.  The stock market also crashed.  By the end of the year, over 15,000 businesses and 500 banks collapsed.  This is known as the Panic of 1893.
12. People started arguing about what needed to be done.  Bankers and businessmen, who were mostly _______________, argued that money should only be based on Gold, which is called the _______________ Standard.
13. Farmers and laborers, who were mostly _______________ argued that money should be based on Gold and Silver, which is called _______________.
14. Gold Standard vs. Bimetallism was a huge debate in the Presidential election of 1896.  William Jennings Bryan of the Democrat Party made a deal with the _______________ party.  The Populist Party agreed to not run against the Democrats if Bryan would take the Populist candidate as his VP and running mate.
15. Republican William _______________ still won the election which caused the death of the Populist Party despite Bryan's stirring Cross of Gold Speech.
16. Take a dollar bill out and read this part- "This note is legal tender..."
17. What does it mean?
18. What did it used to include that it doesn't now?


REQUIRED REFLECTION DIRECTIONS- Reflections named after sections are always a minimum 4 sentences that you write connecting to the topic.  Students can just remark on something from that section or the best is when they compare it to what they know and show they understand how relevant it is to their lives.  Summaries will NOT be given credit on the next notebook check.  If you are uncertain how to write a reflection instead of a summary, see P. Cook.  If you need ammo, read and react to the Cross of Gold Speech, which is the "personal voice" on page 429.