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History 18 Online
OpenStudy (anonymous):

(HC)The passage below is an excerpt from the Populist Party Platform of 1892: We demand free and unlimited coinage of silver and gold at the present legal ratio of 16 to 1. We demand that the amount of circulating medium be speedily increased to not less than $50 per capita. Source: http://www.wwnorton.com/college/history/eamerica/media/ch22/resources/documents/populist.htm How would the acceptance of these demands help the supporters of the Populist Party? Coining more money would lead to inflation, which would increase wages for factory workers. Speeding up the circulation

OpenStudy (anonymous):

Populists are mainly farmers, so farmers borrow money from the bank to grow stuff. They want inflation so that their products would worth more, and they have to pay the bank the money that worth less.

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