The 1880s saw a steep decline in the prices of grain and other agricultural commodities. Created in 1901, the Amendment replaced the earlier Teller Amendment. The warmest ties of love, acquaintance, and association have been disregarded; old leaders have been cast aside when they have refused to give expression to the sentiments of those whom they would lead, and new leaders have sprung up to give direction to this cause of truth. With inflation, real debt was actually lower than deflation which they were in during the gold standar … d Populism was a movement within both political parties. The man who is employed for wages is as much a business man as his employer; the attorney in a country town is as much a business man as the corporation counsel in a great metropolis; the merchant at the cross-roads store is as much a business man as the merchant of New York; the farmer who goes forth in the morning and toils all day, who begins in spring and toils all summer, and who by the application of brain and muscle to the natural resources of the country creates wealth, is as much a business man as the man who goes upon the Board of Trade and bets upon the price of grain; the miners who go down a thousand feet into the earth, or climb two thousand feet upon the cliffs, and bring forth from their hiding places the precious metals to be poured into the channels of trade are as much business men as the few financial magnates who, in a back room, corner the money of the world.
With a zeal approaching the zeal which inspired the Crusaders who followed Peter the Hermit, our silver Democrats went forth from victory unto victory Never before in the history of this country has there been witnessed such a contest as that through which we have just passed. Farmers would benefit from higher prices for crops, and wanted silver. Never before in the history of American politics has a great issue been fought out as this issue has been by the voters themselves. The sympathies of the Democratic party, as shown by the platform, are on the side of the struggling masses who have ever been the foundation of the Democratic party. McKinley won more easily than in 1896, making inroads in the silver West. Throughout his career, his Midwestern roots clearly identified him with agrarian interests, in opposition to those of the urban East. Advocates of the gold standard attributed the decline to advances in production and transportation.
William Jennings Bryan was born in March 1860 in Salem, Illinois. January 20, 1945 The five U. The man who is employed for wages is as much a business man as his employer; the attorney in a country town is as much a business man as the corporation counsel in a great metropolis; the merchant at the cross-roads store is as much a business man as the merchant of New York; the farmer who goes forth in the morning and toils all day, who begins in the spring and toils all summer, and who by the application of brain and muscle to the natural resources of the country creates wealth, is as much a business man as the man who goes upon the Board of Trade and bets upon the price of grain; the miners who go down a thousand feet into the earth, or climb two thousand feet upon the cliffs, and bring forth from their hiding places the precious metals to be poured into the channels of trade are as much business men as the few financial magnates who, in a back room, corner the money of the world. When I neared my seat, somebody near me raised a shout, and the next thing I was picked up and bedlam broke loose. Bimetallism was a controversial policy at the time, because there were no other countries that used this system.
Both men had electoral problems: Bland at age 61 was seen by some as a man whose time had passed; Boies was a former Republican who had once decried bimetallism. What great moment s in U. One after another, state conventions to elect delegates to the national convention in Chicago repudiated an incumbent elected president of their party, who had not declared whether he would be a candidate for renomination. They have tried to strain it to mean that which it does not mean. Many in the public saw the bonds as benefiting bankers, not the nation.
And they had good reason for their doubt, because there is scarcely a State here today asking for the gold standard which is not in the absolute control of the Republic Party. Jefferson, who was once regarded as good Democratic authority, seems to have differed in opinion from the gentleman who has addressed us on the part of the minority. We do not come as individuals. I call your attention to the fact that some of the very people who are in this Convention to-day and who tell us that we ought to declare in favor of international bimetallism - thereby declaring that the gold standard is wrong and that the principle of bimetallism is better - these very people four months ago were open and avowed advocates of the gold standard, and were then telling us that we could not legislate two metals together, even with the aid of all the world. If we know what to expect, that keeps us from getting bogged down with details. An injunction is an equitable remedy in the form of a court order that requires a party to do or refrain from doing specific acts.
If the gold standard is a good thing, why try to get rid of it? I am linking to the on History Matters. However, many distrusted paper money unless it was backed by metal reserves, such as gold or silver. The was vetoed by President , but was enacted by Congress over his veto on February 28, 1878. This single speech brought him instant fame, and got him on the Presidential race. Bryan took the stand and underwent a withering cross-examination by. Our opponents have tried for twenty years to secure an international agreement, and those are waiting for it most patiently who does not want it at all And now, my friends, let me come to the paramount issue. Our ancestors, when but three millions in number, had the courage to declare their political independence on every other nation; shall we, their descendants, when we have grown to seventy millions, declare that we are less independent than our forefathers? Because they were for inflation, and many of the comprised of poor individual farm hands and farmers who were debt ridden and over worked by the rates of the railroads and banker's interest rates.
Although the economic had a number of causes, President believed the inflation caused by 's act to be a major factor, and called a special session of Congress to repeal it. It was one of those rare orations that ended with a speaker literally borne away on the shoulders of electrified listeners. You come to us and tell us that the great cities are in favor of the gold standard; we reply that the great cities rest upon our broad and fertile prairies. Therefore, we care not upon what lines the battle is fought. His speech, delivered at the close of the debate on the , electrified the convention and is generally credited with getting him the nomination for president. We go forth confident that we shall win.
We can read the speech looking for something particular in the onslaught of words: subpoints that support this main idea. One of the worst natural disasters in American history, the 1896 New York heat wave killed almost 1,500 people in ten oppressively hot days. This was not the case; Bryan was well known as an orator on the tariff and silver questions. My friends, we declare that this nation is able to legislate for its own people on every question without waiting for the aid or consent of any other nation on earth, and upon that issue we expect to carry every State in the Union. The gold men, though they possessed the machinery of the party, had neither the power nor the strength to challenge their opponents.
On the evening of July 5, Bryan was visited by a delegation of Coloradans, seeking his support for Senator Teller. They complain about the plank which declares against life tenure in office. Free Silver supporters were opposed by supporters of the Gold Standard silverites , which was less inflationary. Our war is not a war of conquest; we are fighting in the defense of our homes, our families, and posterity. At its peak, ovr 250,000 workers in 27 states partook at the strikes peak.