What did the People's Party believe would result from the government taking control of America's railroads and banks?
They claimed it xould benefit people.
The People's Party rebelled against the power fo corporation since they claimed that the latter controlled prices and swindled the general population. They opposed the gold standard as well because deflation made their loans harder to pay back.
They wanted a return to the Greenback system and they favored the use of silver not only of gold unlike what McKinley did with his 1900 Gold Standard Act.