What Factors Account for the Farmers Movements in the Late 19th Century America? Support Your Answer with...

The late nineteenth century, and to a lesser extent, the early ordinal century were times of major farm protest movements in the United States. The exercises of this unrest have been a puzzle for a long time. Several Economic Historians have suggested that economic madness in American agriculture was the primary coiffe of countrified discontent in the late nineteenth century. For example, on freestanding occasions Robert Higgs and William Parker asserted that the directs at which agricultural production fluctuated was a major factor in fomenting rural unrest. Higgs emphasized on the exploitation of farmers by mortgagers, freight owners and monopolists as the major cause of farm protests and the subsequent formation of agricultural parties1. However, other scholars sympathetic Robert McGuire have subjected the complaints of farmers to statistical testing, founding each claim contrastive to some extent with the available evidence about the pine of trade 2. This paper will assess the actual causes of agrarian unrest and the formation of agrarian parties, paying particular pecuniary aid to the Populist Party. John D. Hicks has summarized the complaints of the farmers. First, farmers claimed that farm prices were falling and, as a consequence, so were their incomes. They generally blamed low prices on over- production.

Second, farmers asseverate that monopolistic railroads and grain elevators charged unfair prices for their services. establishment enactment was the farmers solution to the problem of monopoly. Third, there was a sensed dearth of credit and money. Farmers b elieved that engagement rates were too hig! her(prenominal) because of monopolistic lenders, and the money supply was inadequate, producing deflation. A falling price level increased the burden of debt, as farmers were forced to reelect such(prenominal) more than they actually had to3. According to James A. Stewart farmers demanded ceilings on reside rates, public boards to mediate foreclosure proceedings, and the U.S. Treasury to coin...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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