The people’s party supported fighting deflation by circulating

The People’s Party supported fighting deflation by circulating more silver coins.

Explanation:

People’s party in 1892’s election had professed free silver as their objective as demanded by the south and the west farmers suffering the depression in the economy. Hence the 19th century witnessed free silver movement which advocated the unlimited coinage of silver.  

At that time, silver began symbolising economic justice and prosperity for the masses as in the west it was supported by the silver mine owners and the farmers in the south who believed that this would help in increasing the crop prices.

i am pretty sure the awsers is d.

(e) a major consequence of the election was that several southern states