Chapter 17-19 [black]
Politics Gilded Age
Terms
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- Populism
- of a third, new American Political party (also called "People's Party") with James B. Weaver as a candidate. Advocated for the farming and working-class people on issues such as the institution of silver, establishment of the 8-hr workday, and the disestablishment of Trusts
- "Front-porch campaign"
- the dignified, but not open, campaign for the Presidency led by manager Marcus A. Hanna.
- "Fusion"
- the fusion of both Populist and Democratic party platforms, both with relatively liberal candidates, that divided and ultimately divided the vote between them
- Interstate Commerce Act
- a relatively ineffective act passed by commerce in order to regulate interstate trade, delegating prices and rates. However, it was often sidestepped and avoided by major corporations, in spite of the great advances toward reform
- "Bi-metallism"
- the system of currency that recognized two metals- gold and silver- as the basis for the dollar
- "Crime of 73"
- when silver eliminated a potential market for silver miners, Americans concluded that a conspiracy of big bankers had been responsible for the "demonetization" of silver
- William Jennings Bryan
- the fiery orator (conservatives claimed "demagogue") that was the youngest man to be nominated for President by a major party. Hailed as the Great Commoner, he led the Populist party through the "battle of the standards" but ended up losing to McKinley for the Presidency. He is well-known for his "Cross of Gold" speech
- Dingley Tariff
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- "Cross of Gold" speech
- the famous speech given by William Jennings Bryan, declaring in close to a frenzy that the working class should fight the upper classes, who are oppressing the poor with a "cross of gold
- Marcus A. Hannah
- an Ohio boss that led the selection and campaign of William McKinley