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."
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