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JulsSmile [24]
3 years ago
14

The People’s Party supported fighting deflation by circulating

History
2 answers:
Liula [17]3 years ago
6 0

The People’s Party supported fighting deflation by circulating more silver coins.

<u>Explanation: </u>

People’s party in 1892’s election had professed free silver as their objective as demanded by the south and the west farmers suffering the depression in the economy. Hence the 19th century witnessed free silver movement which advocated the unlimited coinage of silver.  

At that time, silver began symbolising economic justice and prosperity for the masses as in the west it was supported by the silver mine owners and the farmers in the south who believed that this would help in increasing the crop prices.

saul85 [17]3 years ago
5 0
<span>The People’s Party supported fighting deflation by circulating "paper currency," since they viewed a lack of low-level inflation as benefiting the "moneyed interests" such as big banks--as opposed to the people--since it "tightened" the amount of money in circulation. </span>
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Thus, we hear of Lincoln's use of federal troops to make sure that Maryland didn't secede. We don't learn that Confederate troops occupied eastern Tennessee to keep it from splitting from the rest of the state. Adams tells us of Union Gen. William Sherman's actions against civilians, which he persuasively argues were war crimes. But he doesn't tell us of Confederate troops capturing free blacks in Pennsylvania and sending them south to slavery. Nor does he mention the Confederate policy of killing captured black Union soldiers. He tells us that Lincoln suspended habeas corpus; he doesn't mention that the Confederacy did also.

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