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Politics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions What was the primary reason that farmers wanted the unlimited coinage of silver?Bryan wanted the United States to use silver to back the dollar at a value that would inflate the prices farmers received for their crops, easing their debt burden. This position was known as the Free Silver Movement.
Why did farmers generally desire the unlimited coinage of silver quizlet?Farmers wanted to expand the currency supply by coining an unlimited amount of silver. They believed that if more money was in circulation, prices would go up for all goods, including farm products. If profits increased on their crops, farmers could pay their debts.
Why did farmers primarily support free and unlimited coinage of silver in the late 1800s?Supporters of free silver included owners of silver mines in the West, farmers who believed that an expanded currency would increase the price of their crops, and debtors who hoped it would enable them to pay their debts more easily.
Why would farmers and laborers want to expand the money supply and free silver?Farmers and other indebted people in the U.S. welcomed free silver so that they could pay off earlier debts. Throughout the late nineteenth century, these groups, including the Farmers' Alliances and eventually the Populist Party, lobbied the federal government to print currency backed with both gold and silver.
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