Serious deflation issues. Farmers wanted the US to put more money into circulation, causing inflation. Inflation helps farmers in two ways: 1) food costs more, so they get more money for their crops 2) when they have to pay back loans, they do so with inflated money. The money is the same amount, but due to inflation, they have more dollars. (The number of dollars increases, while the actual value of a dollar decreases - it's kind of deep and can be confusing...) <span>Farmers also had issues with railroads overcharging them. </span>
<span>This is why a lot of farmers joined the Populist Party in the early 1890s, since they felt that these were pressing issues and were not being addressed by either the Republicans or the Democrats. Unfortunately for the farmers, the Populists merged with the Dems in 1896 and ran William Jennings Bryan, who lost, and the Populists lost their identity.</span>
On September 5, 1774, delegates from each of the 13 colonies except for Georgia met in Philadelphia as the First Continental Congress to organize colonial resistance to Parliament's Coercive Acts
