Farmers believed that their plight derived from the free and unlimited coinage of silver.
In the late 19th century, free silver was a significant topic of economic policy in the United States. They advocated strict adherence to the more strictly controlled money supply implied by the gold standard in favor of an expansive monetary policy that featured unlimited coinage of silver into money on demand. Free silver, also known as "People's Money," came to be connected with populism, unions, and the struggle of common Americans against bankers, monopolists, and robber barons during the Gilded Age of capitalism. Supporters of a significant role for silver in a dual-metal monetary system, known as "Silverites," planned to issue silver dollars with a fixed weight ratio of 16 to 1 compared to gold dollar coins.
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