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With this kind of reality, political antagonism began to heighten towards railroads and this just worsened the situation. For instance, the iron and steel industries felt the impact of falling railroads investment which was imperative in creating new markets for suppliers (Whitten 2010).
Strengthened the farmers' alliance; the farmers' alliance had its roots from the economic depression and turmoil of 1870s. Its main aim was to discuss grievances and needs affecting rural population involved in agricultural activities. The alliance debated on political issues such monetary policies, education and reforms. By 1890, the alliance gained much higher popularity as many families joined the alliance to air out their views and assert some political influence. During this year, the alliance became political demanding slackening of the rigid monetary policies that exploited and burdened them with high debts. The alliance men guided by the William A. Peffer formed the Kansas People's Party which drew a lot of following. In effect, senators who were hostile to the alliance goals were unseated. The political landscape began to change dramatically as more alliances and reform groups entered...
Many democrats changed the tactics and embraced violence and fraud to keep a hold on power more especially in the south. The political temperatures by then were cooled by the severe depression of the 1890 declaring a death to new party alliances.
In conclusion, the hard times experienced exposed the role of businesses in politics of any nation and the need to have a liberalized system of governance that embraces social reforms, good monetary policies and labor relations. The minority population if neglected on political platforms on the bases of enriching the rich can end up causing unwanted revolution.
References
David O. Whitten.(2010).The Depression of 1893.Retrieved on June 18, 2012 from http:/ / the.net/encyclopedia/article/whitten.panic.1893
Wiki Answers. (2012). Gale Encyclopedia of U.S. History: Farmers'Alliance. Retrieved on June 18, 2012 from http://www.answers.com/topic/farmers-alliance
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