ribution of wealth" had been executed by the government. That is, the Populist's main position, voiced by C. W. Macune even before its formation, was to take from the nation's commercial bankers operating control of America's monetary system and restore it to the U.S. Treasury.
Mass migration to the West proved disastrous to hundreds of thousands of Southern farmers. Farm prices continued to fall steadily year after year. Farmers invested in tools and livestock and paid exorbitant interest. In addition, freight expenses were exceedingly high for farm goods out of the West. This had a tremendous effect on the farmers who felt the urgency to produce surplus crops for market, and whom thus were forced to pay the fees of transporting his goods. C. Vann Woodward cited one Texas editor who attributed this state of industrial monopoly and Western unemployment as results of the laissez-faire capitalist economy of the New South.
Despite some referenced to its inception, when discussing the ideology of Populism, Goodwyn came up short in revealing a precise, accurate and actual cause and premise of the movement. Granted, the organization and development of Populism was invariably complex, Goodwyn's discussion did not delve deep enough into the roots of that ideology. Even David Montgomery, in his essay titled "On Goodwyn's Populists", referred to Goodwyn's interpretation of Populism as simple.
Hofstadter, on the other hand, did shed some light on the motivation behind
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