
Propositions for Reform - TigerPrints
... United States Steel Corporation in 1901, the first business ever initially capitalized at $1 billion or more, or John D. Rockefeller of the Standard Oil Company, who became the first American to amass a personal fortune of a similar size at around the same time. For decades following the Civil War, ...
... United States Steel Corporation in 1901, the first business ever initially capitalized at $1 billion or more, or John D. Rockefeller of the Standard Oil Company, who became the first American to amass a personal fortune of a similar size at around the same time. For decades following the Civil War, ...
Untitled - Carlos Marichal
... Capital for investment in the mines was made available consistently by merchants and entrepreneurs willing to risk money in what promised to be extremely lucrative business. Peter Bakewell, David Brading, Frédérique Langue and Louisa Hoberman, among others, have published extremely detailed and sti ...
... Capital for investment in the mines was made available consistently by merchants and entrepreneurs willing to risk money in what promised to be extremely lucrative business. Peter Bakewell, David Brading, Frédérique Langue and Louisa Hoberman, among others, have published extremely detailed and sti ...
Why did London become the main money market?
... (equation 11). Gross profit is divided into the two reasons for disintegration: seigniorage and premium. Seigniorage profit for metal i,j measures gross profitability caused by Si,j effect, supposing the exchange rate fluctuates around the band of metal i,j respectively, and premium profit for metal ...
... (equation 11). Gross profit is divided into the two reasons for disintegration: seigniorage and premium. Seigniorage profit for metal i,j measures gross profitability caused by Si,j effect, supposing the exchange rate fluctuates around the band of metal i,j respectively, and premium profit for metal ...
The Benefits of Commitment to a Currency Peg
... The selection of William Jennings Bryan as the Democratic and Populist party candidate for the presidential election of 1896 marked the height of the divisions over the silver issue. Bryan’s famous speech at the Democratic National Convention that earned him the nomination set the tone for an elect ...
... The selection of William Jennings Bryan as the Democratic and Populist party candidate for the presidential election of 1896 marked the height of the divisions over the silver issue. Bryan’s famous speech at the Democratic National Convention that earned him the nomination set the tone for an elect ...
Wyatt Wells RHETORIC OF THE STANDARDS: THE DEBATE OVER
... 1893, Representative Thomas Stockdale (D-MO) insisted, “A truthful history of the last thirty years of legislation touching finances would disclose a continuous, vigilant and powerful (and I may say successful) organization of the money interests of the country to dominate the currency to private in ...
... 1893, Representative Thomas Stockdale (D-MO) insisted, “A truthful history of the last thirty years of legislation touching finances would disclose a continuous, vigilant and powerful (and I may say successful) organization of the money interests of the country to dominate the currency to private in ...
TAKS Remediation Lesson #1
... serves as lender of last resort, maintains an effective and efficient payments system, and serves as banker for banks and the U.S. government. Conducting the nation’s monetary policy is one of the most important — and often the most visible — functions of the Fed. Prior to 1913, panics were common o ...
... serves as lender of last resort, maintains an effective and efficient payments system, and serves as banker for banks and the U.S. government. Conducting the nation’s monetary policy is one of the most important — and often the most visible — functions of the Fed. Prior to 1913, panics were common o ...
Chapter Nineteen
... From the end of Reconstruction to the late 1890s, the electoral was divided almost precisely evenly Republican Party captured the presidency in all but two of the elections of the era In the five presidential elections beginning in 1876, the average popular-vote margin separating the Democrati ...
... From the end of Reconstruction to the late 1890s, the electoral was divided almost precisely evenly Republican Party captured the presidency in all but two of the elections of the era In the five presidential elections beginning in 1876, the average popular-vote margin separating the Democrati ...
AP United States History
... Bimetallism and the Gold Standard In economics, bimetallism is a monetary standard in which the value of the monetary unit can be expressed either with a certain amount of gold or with a certain amount of silver: the ratio between the two metals is fixed by law. This monetary system is very unstabl ...
... Bimetallism and the Gold Standard In economics, bimetallism is a monetary standard in which the value of the monetary unit can be expressed either with a certain amount of gold or with a certain amount of silver: the ratio between the two metals is fixed by law. This monetary system is very unstabl ...
APUSH II: Unit 1 Chapter 20 The Commonwealth and Empire
... • The Republicans accepted Cleveland’s challenge to make the protective tariff the chief issue; it also promised a generous pension to Civil War vets • Cleveland won the popular vote; Harrison won the electoral college ...
... • The Republicans accepted Cleveland’s challenge to make the protective tariff the chief issue; it also promised a generous pension to Civil War vets • Cleveland won the popular vote; Harrison won the electoral college ...
Issues of the Gilded Age (Test #3)
... Pendleton Civil Service Act ◦ Must take an exam to prove merit for government job ◦ Slowed down patronage ...
... Pendleton Civil Service Act ◦ Must take an exam to prove merit for government job ◦ Slowed down patronage ...
politics of the gilded age populist movement
... o STRONG SUPPORTER OF SILVER o GAVE FAMOUS “CROSS OF GOLD” SPEECH o NOMINATED FOR PRESIDENT BY THE DEMOCRATIC PARTY THREE TIMES ...
... o STRONG SUPPORTER OF SILVER o GAVE FAMOUS “CROSS OF GOLD” SPEECH o NOMINATED FOR PRESIDENT BY THE DEMOCRATIC PARTY THREE TIMES ...
Cross of Gold speech

The Cross of Gold speech was delivered by William Jennings Bryan, a former United States Representative from Nebraska, at the Democratic National Convention in Chicago on July 9, 1896. In the address, Bryan supported bimetallism or ""free silver"", which he believed would bring the nation prosperity. He decried the gold standard, concluding the speech, ""you shall not crucify mankind upon a cross of gold"". Bryan's address helped catapult him to the Democratic Party's presidential nomination; it is considered one of the greatest political speeches in American history.For twenty years, Americans had been bitterly divided over the nation's monetary standard. 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. Many Americans, however, believed that bimetallism (making both gold and silver legal tender) was necessary for the nation's economic health. The financial Panic of 1893 intensified the debates, and when Democratic President Grover Cleveland continued to support the gold standard against the will of much of his party, activists became determined to take over the Democratic Party organization and nominate a silver-supporting candidate in 1896.Bryan had been a dark horse candidate with little support in the convention. His speech, delivered at the close of the debate on the party platform, electrified the convention and is generally credited with getting him the nomination for president. However, he lost the general election to William McKinley and the United States formally adopted the gold standard in 1900.