Article: Populist party

Populist party in U.S. history, political party formed primarily to express the agrarian protest of the late 19th cent. In some states the party was known as the People's party.

Formation of the Party

During the Panic of 1873 agricultural prices in the United States began to decline. The economic welfare of farmers suffered badly; many believed that the management of currency was at fault and that the government's currency policy was determined by Eastern bankers and industrialists. After attempts at independent political action failed (see Greenback party ), loosely knit confederations called Farmers' Alliances were formed during the 1880s. Separate organizations were founded in ...

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