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Explain the similarities and differences between the political parties during the Gilded Age.
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Popular Politics
election campaigns were entertainment → picnics, beer, bands
Republicans had supporters on the state lever, Democrats in cities
very high voter turnout
Party Patronage
politicians were trying to get votes rather than make actual change
politicians avoided strong opinions on issues
used patronage to get votes
“mugwumps” → politicians who didn’t use patronage
Republicans
continued waving the “bloody shirt”
had votes of reformers and African Americans
most votes were from middle-class and business men
Hamiltonian pro-business → high tariffs
Democrats
won most elections in the “solid South”
most votes from political machines and immigrants
Catholics, Lutherans, Jews, rejected temperance
Jeffersonian states’ rights, limited federal power
Omaha Platform
1892
members of new populist party decided on foundation of party
wanted:
popular election of senators
allow citizens to vote directly on proposed laws
unlimited coinage of silver to increase money supply
graduated income tax
government ownership of railroads, telegraph lines, telephone systems
loans and federal warehouses for farmers → stabilize crop prices
8-hour work day for industrial workers
The Election of 1892
populist party gained many votes for a third-party candidate
didn’t get votes of Northern urban workers and southerners
President Cleveland won election
Panic of 1893
overspeculation and overbuilding caused economic depression
lots of unemployment and farm foreclosures
President Cleveland championed gold standard, generally hands off about economy
Gold Reserve
gold reserve fell dangerously low
President Cleveland borrowed $65 million in gold from JP Morgan to
citizens saw it as being a tool of rich bankers
Wilson Gorman Tariff
1892
moderate reduction in tariff rates
2% income tax on higher incomes
income tax declared unconstitutional within a year
a relatively popular measure
People were very agitated
march to Washington
thousands of unemployed demanded spending money on programs to create jobs
Coin’s Financial School
book that taught in simple terms that economic problems were caused by rich bankers + solution was unlimitedly coining silver
1896 Presidential Race
Democrats and Populists
William Jennings Bryan nominated
“Cross of Gold” Speech
Democrat and populist causes were very similar → populists took up democratic nominee
unlimited coinage of silver
-”Gold Bug” Democrats → didn’t like free silver
Republicans
William McKinley, supported by wealthy Marcus Hanna
gold standard to protect industry
Campaigns
Bryan traveled all over country → convinced many farmers and debtors
Marcus Hanna did most of campaigning for McKinley
used mass media to sell him
rise in wheat prices made farmers less desperate → Bryan lost some supporters, McKinley won
Populist Demise
declined after 1896
Black and White people could not be united under political party → difficult to gain traction as a party
many Democrats and some Republicans eventually took up Populist ideals
Era of Republican Dominance
Republicans won majority of following elections
Mark Hanna created a new model for an effective campaign
Urban Dominance
rural America dominated in election of 1896
triumph of modern industrial and urban values over Jefferson and Jackson