Julias Blog

Monday, January 08, 2007

LAD 20- Cross of Gold speech

Bryan delivered his most famous speech, the “Cross of Gold” at the 1896 Democratic National Convention in Chicago. The currency of the United States was scattered therefore the Democratic Party wanted to standardize. They wanted to convert the value of money into silver and leave behind the value in gold. Silver was more abundant and due to inflation it would make it easier for debtors to pay off their debt. Republicans felt that protection against inflation was imperative, therefore they wanted to keep the gold value.

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