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Farmers, Failure and Free Silver

Farmers, Failure and Free Silver. A. Farmers Move West. Cheap Land and the Homestead Act Railroads Link East and West. B. Farmers Face Falling Prices. Farmers Borrow to Buy New Technology: Tractors and Combines Technology  More Production (Wheat, Cotton, Corn)

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Farmers, Failure and Free Silver

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  1. Farmers, Failure and Free Silver

  2. A. Farmers Move West • Cheap Land and the Homestead Act • Railroads Link East and West

  3. B. Farmers Face Falling Prices

  4. Farmers Borrow to Buy New Technology: Tractors and Combines • Technology  More Production (Wheat, Cotton, Corn) • More Production  Falling Prices • Falling Prices  Farmers Try to Produce Even More  More Falling Prices

  5. C. Farmers Face Rising Costs, Unpredictable Harvests, and Foreclosure • Railroads Raise Prices

  6. Unpredictable Harvests: Bugs and Bad Weather • Failure and Foreclosure: Banks Repossess Farms

  7. II. Early Solutions Fail • Work Together: Form Cooperatives to Store and Sell Crops • Lobby for Laws: Regulate Railroads & Storage Facilities

  8. III. The 1890s Solution: Free Silver, Populists, and the 1896 Election • Farmers, Fixed Debts, and Inflation B. Free Silver for Inflation

  9. C. William Jennings Bryan’s “Cross of Gold” Speech

  10. D. The McKinley Victory and the Failure of the Populists

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