BRYAN: CROSS OF GOLD. BRYAN CARRIES ON THE SHOULDERS OF HIS ADMIRERS AFTER HIS ORATION. Among those who spoke against the repeal of the Sherman Silver Purchase Act was Nebraska Representative William Jennings Bryan. On the fifth ballot, the Illinois delegation, led by Governor Altgeld, switched its votes from Bland to Bryan. We come to speak of this broader class of business men. "And I needed it for the speech I was to make." He cared about politics and his religion equally. If they ask us here why it is we say more on the money question than we say upon the tariff question, I reply that if protection has slain its thousands the gold standard has slain its tens of thousands. . [65] Bryan then recounted the history of the silver movement; the audience, which had loudly demonstrated its approval of his opening statements, quieted. William Jennings Bryan. [14] Farmers went bankrupt; their farms were sold to pay their debts. His speeches impressed many; even some of his opponents later conceded that Bryan was the most compelling speaker they had ever heard. Bryan did not think it was necessary for the United States to hold in reserve an amount of gold equal in value to all the paper money in circulation. He cared about politics and his religion equally. Pro-silver forces, with congressional leaders such as Missouri Representative Richard P. Bland, sought the passage of bills to allow depositors of silver bullion to receive it back in the form of coin. When McKinley and his advisers, such as industrialist and future senator Mark Hanna, realized that the views were more than transitory, they began intensive fundraising from corporations and the wealthy. [64] Throughout the speech, Bryan had the delegates in the palm of his hand; they cheered on cue. They went away apologetically, not having known Bryan sought the nomination. The warmest ties of love and acquaintance and association have been disregarded. [87], According to the New York World, "Lunacy having dictated the platform, it was perhaps natural that hysteria should evolve the candidate. The gold standard, which the United States had effectively been on since 1873, limited the money supply but eased trade with other nations, such as the United Kingdom, whose currency was also based on gold. [94], Bryan's nomination divided the party. For twenty years, Americans had been bitterly divided over the nation's monetary standard. I shall not slander the fair state of Massachusetts nor the state of New York by saying that when citizens are confronted with the proposition, Is this nation able to attend to its own business?I will not slander either one by saying that the people of those states will declare our helpless impotency as a nation to attend to our own business. i. But destroy our farms and the grass will grow in the streets of every city in the country. The person who gave the Cross of Gold speech was the orator and politician William Jennings Bryan. Original size at 383 480. He favored the monetary policy . The third ballot saw Bland still in the lead, but Bryan took the lead on the fourth ballot. We defy them! Ah, my friends. The session was supposed to begin at 10:00a.m., but as delegates, slowed by the long commute from the hotels to the Coliseum and fatigue from the first two days, did not arrive on time, proceedings did not begin until 10:45. [58] Bryan's lecture tours had left him a well-known spokesman for silver. Subscribe 84K views 7 years ago This is a speech from Democratic Candidate William Jennings Bryan, which he originally delivered in 1896. Pledging support for American workers, he sought high tariffs to make foreign manufactured goods unattractive and he supported the gold standard. The money went for speakers, pamphlets, and other means of conveying their "sound money" campaign to the voter. We are fighting in the defense of our homes, our families, and posterity. The Populists would reach the high water mark of their political power in 1896, when the Democratic Party nominated William Jennings Bryan as its candidate for President of . I ask him, if he will apply his logic to us, why he does not apply it to himself. Four years previously, the former Nebraska congressman had electrified Democratic delegates with his "Cross of Gold" speech, which defined the policy of "free silver" as a moral crusade and helped propel him to the party's presidential nomination . Circulars were being distributed in Illinois, and admirers in Nebraska, North Carolina, Mississippi, Louisiana, Texas, Arkansas, and other states were urging his selection among their friends. Bryan, having established the right of silver supporters to petition, explained why that petition was not to be denied: It is for these that we speak. It was not in any concerted or open action, however, that Bryan had his strength; it was in the friendly predisposition of the mass of the delegates that he had hopes.[30]. Grant Hamilton cartoon for Judge Magazine on William Jennings Bryan's "Cross of Gold" speech, Democratic National Convention, Chicago, July 9, 1896. [6] Silver was now undervalued at the Mint; accordingly little was presented for striking into money. They criticize us for our criticism of the Supreme Court of the United States. Conditions have arisen and we are attempting to meet those conditions. The Democratic Party wanted to create more upward mobility for people. Although Hamilton understood that adjustment might be needed from time to time as precious metal prices fluctuated, he believed that if the nation's unit of value were defined only by one of the two precious metals used for coins, the other would descend to the status of mere merchandise, unusable as a store of value. The silver campaign of 1896 was a big controversy among the people. Never before in the history of American politics has a great issue been fought out as this issue has been by the voters themselves. BRYAN: CROSS OF GOLD. We do not come as individuals. If the gold standard, and I might call your attention to the fact that some of the very people who are in this convention today and who tell you that we ought to declare in favor of international bimetallism and thereby declare that the gold standard is wrong and that the principles of bimetallism are betterthese very people four months ago were open and avowed advocates of the gold standard and telling us that we could not legislate two metals together even with all the world. [20], Bryan had long planned to run for president. We believe it. [91] He received many letters from supporters, expressing their faith in him in stark terms. [98], After McKinley's inauguration in March 1897, increases in gold availability from new discoveries and improved refining methods led to a considerable increase in the money supply. William Jennings Bryan delivered his "Cross of Gold" speech at the Democratic National Convention in July of 1896 as part of his bid for the party's presidential nomination. [51], The debate on the platform opened at the start of the third day of the convention, July 9, 1896. It showed American support for european economic interests in East Africa. The galleries were filled with white as spectators waved handkerchiefs, and it was several minutes before he could continue. Behind the scenes and the irony: -fueling of the trucks uncaring of the president iv. As the gold men spoke, Bryan ate a sandwich to settle his stomach; he was often nervous before major speeches. [90] The only paper to predict, after Bryan gave his speech, that he would not be nominated was The Wall Street Journal, which stated, "Bryan has had his day". Image No. Here is the line of battle. [99], Bryan's speech is considered one of the most powerful political addresses in American history. "[80], It took about 25minutes to restore order, and according to Bensel, "somewhere in the mass demonstration that was convulsing the convention hall, the transfer of sentiment from silver as a policy to Bryan as a presidential candidate took place". The audio portion is an excerpt. Sources. [79] He soon retired from the convention, returning to his hotel to await the outcome. If they say bimetallism is good, but that we cannot have it until other nations help us, we reply that, instead of having a gold standard because England has, we will restore bimetallism, and then let England have bimetallism because the United States has it. [19] Among those defeated for Senate was Bryan in Nebraska. 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.[77]. It offers discussion questions, classroom activities, and primary source analysis tools. [54] He was followed by two other gold men, Senator William Vilas of Wisconsin and former Massachusetts Governor William E. Russell. Now, my friends, let me come to the great paramount issue. My friends, we have made no criticism. Congress did so, but the debates showed bitter divides in both major parties between silver and gold factions. Burn down your cities and leave our farms, and your cities will spring up again as if by magic. There were a large number of potential candidates seen as having less support; these included Vice President Adlai Stevenson of Illinois, Senator Joseph C. Blackburn of Kentucky, Senator Teller, and Bryan.[43]. 7.5 x 4.75 in. Although Bryan ran again on a silver platform in the 1900 presidential election, the issue failed to produce the same resonance with the voters. His dramatic speaking style and rhetoric roused the crowd to a frenzy. Question 9 30 seconds Q. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it. (Wikipedia). Out of all of the prominent business figures that arose during the Gilded Age, Andrew Carnegie is perhaps viewed in the most positive light. William Jennings Bryan (1860-1925), the U.S. congressman from Nebraska, three-time presidential nominee and secretary of state, emerged near the end of the 19th century as a leading voice . Second, like many people, Bryan thought the gold standard disadvantaged the working classes and farmers by keeping the price of debt high. free coinage of silver at silver-gold ratio of 16 to 1 issue in Bryan's Cross of Gold speech Much activity took place in advance of the formal opening as the silver and (vastly outnumbered) gold forces prepared their strategies. No, my friends, that will never be the verdict of our people. In 1896 William Jennings Bryan gave possibly his most famous speech, " The Cross of Gold" Speech at the Democratic National Convention in Chicago, Illinois. We reply to them that changing conditions make new issues; that the principles upon which rest Democracy are as everlasting as the hills; but that they must be applied to new conditions as they arise. Source: Official Proceedings of the Democratic National Convention Held in Chicago, Illinois, July 7, 8, 9, 10, and 11, 1896, (Logansport, Indiana, 1896), 226234. The merchant at the crossroads store is as much a businessman as the merchant of New York. [79] Others took up the standards with the state names on them with each delegation, and planted them by Nebraska's. I shall object to bringing this question down to a level of persons. They complain about the plank which declares against the life tenure in office. Although Altgeld and his adherents urged voters to distinguish between Cleveland and his party, the Democrats lost 113 seats in the House in the 1894 midterm elections, the greatest loss by a majority party in congressional history. When you come before us and tell us that we shall disturb your business interests, we reply that you have disturbed our business interests by your action. [Note on the recording: In 1896 recording technology was in its infancy, and recording a political convention would have been impossible. If they say bimetallism is good but we cannot have it till some nation helps us, we reply that, instead of having a gold standard because England has, we shall restore bimetallism, and then let England have bimetallism because the United States have. My God!"[70][71][73]. Nevertheless, he won the nomination without the votes of the gold delegates, most of whom either left the convention or refused to vote. Railway employees had refused to handle Pullman cars in sympathy with the strikers; this action threatened to paralyze the nation's rail lines. Political Cartoon featuring William Jennings Bryan carrying the "Cross of Gold . The Washington Post newspaper recorded, "bedlam broke loose, delirium reigned supreme. They tell us that the income tax ought not to be brought in here; that is not a new idea. William Jennings Bryan's "Cross of Gold" oration was primarily an expression of his (A) fundamentalist religious beliefs (B) neutral stance toward the belligerents of the First World War (C) advocacy of free and unlimited coinage of silver (D) opposition to teaching the theory of evolution in public schools (E) anti-imperialist convictions Of these, only Senator Blackburn, a silver supporter, sparked much reaction, and that only momentary. When I find a man who is not willing to pay his share of the burden of the government which protects him, I find a man who is unworthy to enjoy the blessings of a government like ours. "[55] Hill gave a calm speech defending the gold position, and swayed few delegates. As he traveled by rail to Lincoln, he saw farmers and others standing by the tracks, hoping for a glimpse of the new Democratic nominee. The response, wrote one reporter, came like one great burst of artillery. Men and women screamed and waved their hats and canes. [88] The St. Louis Post-Dispatch opined that with the speech, Bryan "just about immortalized himself". The "Cross Of Gold" speech was a speech by William which helped propel the convention to nominate him as a Democratic presidential candidate. 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We do not come as aggressors. Gold Democrats were successful in a few states in the Northeast, but had little luck elsewhere. [41], One of the leaders of the silver movement was Illinois Governor Altgeld; a native of Germany, he was constitutionally barred from the presidency by his foreign birth. Our editors will review what youve submitted and determine whether to revise the article. I stand with Jefferson rather than with them, and tell them, as he did, that the issue of money is a function of the government and that the banks should go out of the governing business. Advocates of the gold standard attributed the decline to advances in production and transportation. Trained as a lawyer, Bryan represented the state of Nebraska in the United States Congress, 1891-95. It also repealed the statutory provisions allowing silver bullion to be presented to the Mint and returned in the form of circulating money. Optional: But we stand here representing people who are the equals before the law of the largest cities in the state of Massachusetts. The silver men were thus in the hunt for a charismatic leader who would underpin what they already desperately wanted to believe. Bryan begins. We say in our platform that we believe that the right to coin money and issue money is a function of government. However, he lost the general election to William McKinley, and the United States formally adopted the gold standard in 1900. People who were free-silver thought that currency reform would end them. We do not come as aggressors. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. Leave a comment. [79] As he moved towards his seat, the Coliseum burst into pandemonium. The new unit of currency was defined to be equal to 24.75 grains (1.604g) of gold, or alternatively, 371.25 grains (24.057g) of silver, establishing a ratio of value between gold and silver of 15:1. Cross of Gold speech, classic of American political oratory delivered on July 8, 1896, by William Jennings Bryan in closing the debate on the party platform at the Democratic National Convention in Chicago during the campaign for the presidential election of 1896. "[26], In early 1896, with the economy still poor, there was widespread discontent with the two existing major political parties. According to Jones, it was clear that Bland could not win, and that Bryan could not be stopped. TABLE 7 Comparative Analysis of Two Theoretical Explanations of Personality . The silver campaign of 1896 was a big controversy among the people. We demand the free and unlimited coinage of both silver and gold at the present legal ratio of 16 to 1 without waiting for the aid or consent of any other nation. At Bryan's words, he threw his hat into the air, slapped the empty seat in front of him with his coat, and shouted, "My God! Lafayette, CA: d press, 1995. [64], Bryan's opening claimed no personal prestige for himselfbut nevertheless placed him as the spokesman for silver. (The cartoon appeared in the post-dated July 7 issue of Harper's Weekly, published in late June.) It's a very famous speech and it was powerfully delivered, and was so . In later years Bryan delivered numerous variations on the speech, some captured on early phonograph recordings. [93] The Republican nominee was slow to realize the surge of support for Bryan after the nomination, stating his view that the silver sentiment would be gone in a month. Mr. Jefferson, who was once regarded as good Democratic authority, seems to have a different opinion from the gentleman who has addressed us on the part of the minority. He then lowered them, descended from the podium, and began to head back to his seat as the stillness held. Contemporary estimates were an unemployment rate as high as 25%. As yet, no one at the convention had effectively spoken for that cause, which was paramount to the delegates. [10], Implementation of the BlandAllison Act did not end calls for free silver. [68] He denied, however that the contest was personal; he bore no ill-will towards those who supported the gold standard. At 36 years old, with two terms in Congress and a failed 1894 run for Senate under his belt, Bryan was the party's most outspoken and effective champion of silver. 1896 speech by U.S. politician William Jennings Bryan in support of a bimetallic standard, William Jennings Bryan being carried on the shoulders of delegates after giving the speech, Also attributed to an 1892 speech by President, For additional detail on the political career of William Jennings Bryan before and during the 1896 campaign, see, For a fuller explanation of the procedures of American political conventions, see, Possible recording of the original speech, Audio excerpt of the speech later recorded by William Jennings Bryan, William Jennings Bryan presidential campaign, 1896, United States presidential nominating convention, William Jennings Bryan presidential campaign, 1896 General election campaign, Official Proceedings of the 1896 Democratic National Convention. Cleveland friend and former Postmaster General Donald M. Dickinson wrote to the President in June 1896 hoping that the delegates would recognize "common sense" and be frightened at the thought of nominating a radical. Mr. McKinley was nominated at St. Louis upon a platform which declared for the maintenance of the gold standard until it can be changed into bimetallism by international agreement. It is because no private character, however pure, no personal popularity, however great, can protect from the avenging wrath of an indignant people the man who will either declare that he is in favor of fastening the gold standard upon this people, or who is willing to surrender the right of self-government and place legislative control in the hands of foreign potentates and powers. But in this contest, brother has been arrayed against brother, and father against son. Three months ago, when it was confidently asserted that those who believed in the gold standard would frame our platforms and nominate our candidates, even the advocates of the gold standard did not think that we could elect a President; but they had good reasons for the suspicion, because there is scarcely a state here today asking for the gold standard that is not within the absolute control of the Republican Party. [1] Bryan's address helped catapult him to the Democratic Party's presidential nomination and is considered one of the greatest political speeches in American history. It is intended to spark pedagogical creativity by giving a sample approach to the material. [12] Although the economic Panic of 1893 had a number of causes, President Grover Cleveland believed the inflation caused by Sherman's act to be a major factor, and called a special session of Congress to repeal it. 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