| A | B |
|---|
| farmers | American ___ have always struggled against nature and the economy |
| tariffs | these are like taxes on imported good which discourage people from buying imports by making them more expensive |
| money supply | he amount of money in the national economy |
| inflation | a widespread rise in prices on goods of all kinds |
| deflation | a drop in the prices of goods |
| monetary policy | the federal government's plan for the makeup and quantity of the nation's money supply |
| tight money | this policy was wanted by supporters of deflation |
| bimetallic standard | currency in the US consisted of gold and silver coins or US treasury notes that could be traded in for gold or silver |
| gold standard | in 1873 Congress put the US on this in hopes that it would prevent inflation and stabilize the economy |
| gold bugs | these big lenders were conservative and pleased the US went back on the gold standard |
| free silver | these big lenders were conservative and pleased the US went back on the gold standard |
| silverites | consisting mostly of silver-mining interests and farmers, these folks claimed that ending silver as a monetary standard would depress farm prices |
| Bland Allison | his Act of 1878 required the federal government to purchase and coin more silver, increasing the money supply and causing inflation |
| Sherman Silver Purchase | this Act of 1890 increased the amount of silver the government was required to purchase every month |
| Grange | this was also known as the "Patrons of Husbandry" which helped farmers for cooperatives through which they bought goods in large quantities at lower prices and pressured state legislators to regulate businesses on which farmers depended |
| Farmers Alliance | this organization was formed in Texas in the mid-1870s and called for federal regulation of the railroads, more money in circulation, creation of state departments of agriculture, antitrust laws, and farm credit |
| Lease | Mary Elizabeth ____ urged farmers to raise "less corn and more Hell!" |
| interstate commerce | this Act of 1887 was signed by president Cleveland and regulated the prices that railroads charged to move freight between states, requiring the rates to be set in proportion to the distance traveled |
| Interstate Commerce Commission | this was created to enforce the laws of the Interstate Commerce Act |
| populists | followers of the People's Party which wanted 1) and increase in circulation of money, 2) the unlimited minting of silver, 3) a progressive income tax, and 4) government ownership of communications and transportation systems |
| Cross of Gold | the topic of this emotional speech in 1896 by William Jennings Bryan of the plea for free silver |
