What did farmers want to use to pay there debts and taxes?

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2026-08-27 08:35

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Farmers often wanted to use silver or paper currency to pay their debts and taxes, as they believed this would be more beneficial than gold. The push for bimetallism, or the inclusion of silver alongside gold in the monetary system, was seen as a way to increase the money supply and alleviate financial burdens. Many farmers felt that the existing gold standard favored creditors and made it more difficult for them to repay loans. This demand was a significant aspect of the broader economic struggles during the late 19th century.

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