Populist Party
Populist Party
The Populist Party was a short-lived political party in the United States in the late 19th century. It flourished particularly among western farmers, based largely on its opposition to the gold standard. Although the party did not remain a lasting feature of the political landscape, many of its positions have become adopted over the course of the following decades. The very term “populist” has since become a generic term in U.S. politics for politics which appeals to the common person in opposition to established interests. Initially, the Populist government failed to achieve its goals of better government, however in the coming years, some of their ideas were to be developed.
The Populist Party grew out of the agrarian revolt that rose after the collapse of agriculture prices following the Panic of 1873. The Farmers Alliance, formed in Lampasas, Texas in 1876, promoted collective economic action by farmers and achieved widespread popularity in the South and Great Plains. The Farmers Alliance was ultimately unable to achieve its wider economic goal of collective economic action against brokers, railroads, and merchants, and many in the movement agitated for changes in national