What was the purpose of the Subtreasury plan?

What was the purpose of the Subtreasury plan?

What was the purpose of the “subtreasury plan”? It allowed farmers to secure low-interest government loans.

What is the Subtreasury?

: a subordinate treasury or place of deposit especially : any of nine former branch treasuries of the U.S. “…

Why did farmers in the south and west organize the Farmers Alliance?

Farmers’ Alliance, an American agrarian movement during the 1870s and ’80s that sought to improve the economic conditions for farmers through the creation of cooperatives and political advocacy. The movement was made up of numerous local organizations that coalesced into three large groupings.

Why was the Omaha Platform important?

The Omaha Platform suggested a federal loans system so that farmers could get the money they needed. The platform also called for the elimination of private banks. The platform proposed a system of federal storage facilities for the farmers’ crops.

Which system did the stalwarts primarily support the continuation of?

The first was Roscoe Conkling, a Republican senator from New York and leader of the Stalwarts, a group that strongly supported continuation of the current spoils system.

What reform was part of the Ocala Demands?

The “Demands” adopted by the Ocala convention called for the abolition of national banks; the establishment of sub-treasuries or depositories in every state, which would make low interest direct loans to farmers and property owners; the increase of money in circulation to not less than $50 per capita; the abolishment …

What was the main goal of the farmer alliance?

The major goal of the movement was to improve the farmers’ economic conditions by the creation of cooperatives and political advocacy. It consisted of numerous local organizations that came together into three large groupings.

What were the goals of the Omaha Platform?

The platform proposed a system of federal storage facilities for the farmers’ crops. The objective was to allow the farmers to control the pricing of their products. The Omaha Platform proposed a special taxing system for them so that they would have to pay taxes depending on how much money they made.

What did the Omaha Platform include?

The party nominated James K. Weaver for president and ratified the so-called Omaha Platform, which included proposals for the graduated income tax, secret ballot, direct election of United States senators, the eight-hour day, and other reform measures.

What did the Stalwarts support?

The Stalwarts were in favor of political machines and spoils system-style patronage, while the Half-Breeds, led by Maine senator James G. Blaine, were in favor of civil service reform and a merit system.

What did the Mugwumps support?

The Mugwumps were Republican political activists in the United States who were intensely opposed to political corruption. Many Mugwumps became Democrats or remained independents and most continued to support reform well into the 20th century.