William Jennings Bryan delivered his famous "Cross of Gold" speech in 1896 at the Democratic National Convention in Chicago, as he was trying to be the party's nominee. This speech regarded his opinion of the silver to gold ratio of 16 to 1 in the American economy. By doing this, farmers in debt would be aided because of an increase of currency in circulation. Bryan considered this to be a humane and just cause for Americans. He prefers to clear the waters rather than fight. He argued that America is a country for the people, and believes that he is representing the general people when he states his goal for the coinage of silver. He also supports distributing wealth and an income tax. He conceded that many city people support the gold standard, but reminded them that wealth comes from the poor.
President McKinley supported the gold standard, which Bryan opposed, saying "they will crucify us on a golden cross"
No comments:
Post a Comment