Monday, January 2, 2017

LAD #24: Cross of Gold Speech





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William Jennings Bryan delivered his Cross of Gold Speech in order to advocate for the principle of economic bimetallism. He believed that some amount of gold and a different amount of silver should "equal each other" and both be able to be used for payment. He supported the Democrats and delivered his speech through the support of the Democrat's idea of standardization of the dollar to silver. This would help a lot of poor western farmers. This speech set the stage for Bryan's economic populism.

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I connected this with the Sherman Silver Purchase Act because this act was supposed to help farmers, just as the Bryan spoke about in his Cross of Gold Speech.

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