What, am I running an online remedial history course now ?
It began with farmer groups like the Northwestern Alliance, the Southern Alliance, and the National Colored Farmers Alliance. In the early 1890s they were being ripped-off by high fees from grain elevator operators for storage and high fees from railroads to ship their crops. They were paying high tariffs on much of the equipment they had to buy, like farm machinery, making it far more expensive. They were heavily in debt purchasing expensive land and expensive equipment, and stuck with high interest rates on that debt.
They eventually banded together and produced a policy platform of demands, such as the elimination of high tariffs, the enactment of a progressive federal income tax, the dissolution of national banks to be replaced by regional sub‐treasuries that could underwrite low-interest farm loans utilizing their crops as collateral, and the direct election of senators. These are some of the demands which were known as the ‘Ocala Demands’.
In the next election, their Alliance took over the majorities of 8 state legislatures, elected governors in 4 different states, and sent 44 representatives to the U.S. House and elected 2 to the U.S. Senate. These successes led to the development of a national party, which allowed them to enact much of their agenda into law.
Sorry, I don’t have any video.
Because repealing the tariff regime and replacing it with a progressive income tax LOWERED their taxes.
Well yes, as I posted, the tariff regime was horrendously regressive and oppressive, and they wanted a much fairer system. It was both.