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People's Ownership Movement: Embracing Financial Equity

Explore the Omaha Platform of the Populist Party from 1892 advocating for economic fairness, income tax reform, and public control over railroads. Discover the historical push for silver and gold coinage at a 16:1 ratio. Uncover the call for responsible government spending for the benefit of citizens.

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People's Ownership Movement: Embracing Financial Equity

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  1. . • We declare, therefore-- • We believe that the time has come when the railroad corporations will either own the people or the people must own the railroads; • We demand free and unlimited coinage of silver and gold at the present legal ratio of 16 to 1. • We demand a graduated income tax. • We believe that the money of the country should be kept as much as possible in the hands of the people, and hence we demand that all State and national revenues shall be limited to the necessary expenses of the government, economically and honestly administered. • Omaha Platform of the Populist Party, 1892.

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