Final answer:
The Ocala Demands were drafted in December 1890, advocating for increased government intervention in economic affairs and proposing significant reforms like the subtreasury plan and direct election of US senators.
Step-by-step explanation:
The Ocala Demands were drafted in December 1890 during an influential convention held in Ocala, Florida. This set of proposals was a fundamental part of America's agrarian reform movement, reflecting a shift in the attitude of America's farmers. Rather than upholding the Jeffersonian ideal of limited government and laissez-faire economics, the Ocala Demands advocated for freedom through government intervention, including regulation and the innovative subtreasury plan. The demands called for various changes, including lower tariffs, greater regulation of railroads, a reimplementation of the federal income tax, and direct election of US senators by popular vote. The subtreasury plan specifically proposed the creation of federally subsidized warehouses for farmers to store their grain and manage market timing better, thus avoiding price dictation by brokers and trusts.