Monday, January 14, 2013
LAD/Blog #24: Bryan's Cross of Gold
William Jennings Bryan, like the Populist Party, advocated the coinage of silver. His interpretation was that the gold standard favored the wealthy and the "trickle down theory," whereas the coinage of silver would favor the struggling peoples of the United States who could support the levels above them. Bryan asserted that cities could not exist without farms, though farms could exist without cities, and so the coinage of silver would support farmers in debt and thus the cities that needed then. Bryan also cited Andrew Jackson, saying that Democrats should be like him, fighting for the homes, families, and posterity of the common man and against the "idle holders of idle capital." Bryan ends by stating that his platform would have the backing of the the masses, and that mankind would not be "crucified upon a cross of gold."
LAD/Blog #23: The Populist Party Platform
The Populist Party's stance was that they believed there to be great inequality between American social classes. Their point of view was that monetary creation benefited the rich only, and that silver would be a preferable currency; they wanted unlimited coinage of silver in a ratio of sixteen to one. The Party wanted to increase to power to the "plan people" and provide for equality available to all men and women. The Party also asserted that Unions should be permanent, that earners of money should keep all of their earnings, and that the government needed to regulate railroads and telegraphs. To help earners of money keep their money, they were in favor of a graduated income tax, and their policies were meant to increase circulated money and aid farmers stuck in debt. The party also believed that land should not be hoarded by railroads companies or the government, but reserved for those who would settle it.
LAD/Blog #22: McKinley's War Message
[ President William McKinley ]
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