LADs

Tuesday, January 09, 2007

LAD #20: Bryan's Cross of Gold Speech

In 1896 on July 9th the Democratic National Convention was given a speech by William Jennings Bryan in the city of Chicago. The speech asked the question whether or not people would support the coinage of silver at the ratio of silver to gold at 16:1. This decision would cause much conflict and anxiety amongst all of the Democratic party, as one man said “they are all from Massachusetts, yet they want different things and each person comes up and says something different that they want,” showing the lack of order and failure to make up a solid decision. Instead of any longer petitioning these Democrats would simply try to defy the other, and keep arguing, mudslinging, and claiming unconstitionality among the others, when it came time for one specific income tax to be passed. On the other side of this, people are accusing them of resenting the national bank currency, while another thinks it is the governments job to coin the money claiming no one else has the power. But needless to say this speech was given to change the way money is coined based on these results.

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