Monday, October 20, 2008

Election of 1896

To take a break from the Election of 2008...who would you have voted for in the 1896 election?

William McKinley


OR

William Jennings Bryan

4 comments:

Unknown said...

He was a man who believed in morality, sincerity, and veracity.

I would definitely agree with William Jennings Bryan because of several reasons.
He was such a hard worker, which shows that he puts his mind into what he does.

And the speech that he made like awakened everyone. – “Cross of Gold Speech”

Then there is the money question: He invited attention to the conflict between silver and gold. The first coinage law was passed by Congress under the constitution, and since silver was much cheaper, and more of it, the farmers took advantage of that, like we discussed in class. Gold was more expensive, and was not even comparable back then. Silver was demonetized in 1873, without approval of the American people, and as a result people appreciated gold more. Some factors include the money-lending, public, and private, and taxation.
Next plays the role of free and unlimited coinage. The ratio was 16 to 1, which we demanded the equality of the gold to be the same and silver be used as a full legal tender.

Obviously the Issue of paper money was extremely important. President Jackson had said that he could not just give out this money to any individual or to any corporations, so therefore, all the money would be issued by the government of the United States, and shall be exchangeable for the use in coins.
Uh oh, tariffs: Tariffs should not discriminate between class and section, so by all means the Republican showed a threat to restore the McKinley Law, which enacted the false plea of protective to home industries, and proved a copious breeder of both trusts and monopolies, which we have also covered. :) This also restricted to the trade to their natural markets. Next is the issue on the income tax.
Foreign Pauper Labor
We hold that the most efficient way of protecting American labor is to prevent the importation of foreign pauper labor to compete with it in the home market. That the value of the home market to our American farmers and artisans is greatly reduced by a vicious monetary system, which depresses the prices of their products below the cost of production, and thus deprives them of the means of purchasing the products of our home manufacturers, and, as labor creates the wealth of the country, we demand the passage of such laws as may be necessary to protect in all its rights.
The Pacific Railroad Funding Bill declared that no discrimination by any chance be permitted in by the Government of the United States in favor of any of its debtors. They have approved to refuse the passing of the Pacific Railroad Funding Bill, and to represent Congress to endorse, to this matter.

Well The Civil Service provided equal opportunities for all citizens.

Finally, the waterway. The waterway, such as the Mississippi River, the River was used to transport goods and crops from the Midwest to the Gulf, and then the Oceans and world.

Indeed, he was a man who believed in morality, sincerity, and veracity.
With all these amazing events Mr. Bryan had done, who would not vote for him? :)

Mendim G. said...

If I was alive during 1896 I probabaly most likely would of never been a big business man but rather a farmer with decent land, a large family to support, and most impotantly ample debt to pay off. We learned in class how farmers ( like i would of been during that era)favored inflation and were pro silver because with more oney circulating around that allowed farmers to easily pay debt off rather than having gold and deflayion with less money circulating. "Free sliver" was what every farmer wanted...they wanted silver as a part of the currency. With this in mind.....everyone can agree that the major issue of currency dominated the election of 1896....bryan indeed supported the issue of free silver and seemed as the better candidate for farmers (like me). Compared to mckinely, bryan worked much harder for his campagin giving touching speeches all over the country while mckinely just sat back and relaxed. Back then.....bryan would of showed me how serious he was about the presidency and that he really held his stand with the farmers on the gold & silver issue. My vote would of simply gone to Mr. Bryan because he represented the populist party (farmers. urban workers, etc.) and the silver republicans while Mckinely represented businessmen, professionals, skilled factory workers and prosperous farmers (prosperous farmers who unlike me didnt have to pay off debts) Mckinely was the Tariff man and everyone knows that tariffs hurts the backbone of america....which is the agricultural part and he also supported gold which hurt farmers like me who had to feed their familes and pay debts. Silver and inflation just made the lives for the working class easier....... it enabled debtors (often farmers, laborers, and industrial workers) to pay their debts off with cheaper, more readily-available dollars.....as a farmer in 1896 it would make quite sense for me to vote for Williams Jennings Bryan eventhough he lost.

red sagi-horse said...

I think if i was a farmer, I would vote Bryan. But overall, I perfer McKinely to Bryan. Having both gold and sliver as currency just made everything more complicate, considering that many people had getten used to the old policy. And at that time period, we were still less developed nation compare to England and Germany. Having protective tariffs was necessary, except we wanted to be a Big "Agricultral" nation. Certainly, soon or later we need to reduce our tariff because we also need to have the international competition to refine ourselves.

So I would rather vote for a older politican than vote for a moral or farmer's "vanguard".

Brittany =) said...

I certainly agree with "skittles" and Mendim; William Jennings Bryan; condering the major debate in the election of 1896 revolved around the issue of silver v. gold.

Even William H. Harvey, author of Coin’s Financial School,stated that coining silver would increase property, making it possible for the debtor to pay his debts and for business to start anew. That mostly appealed to the farmers, still struggling to maintain an overwhelmed lifestyle of a demanding business. They were in favor of inflation, circulating the currency and ultimately helping the economy.

The "Cross of Gold Speech" was byfar an inspirational and memorable speech. It represented Bryan's passion, for not only religion, but politics and rural families. He was even referred to as "Moses" in the text.

MicKinley & The Republicans were modernist visionaries, which I personally respect. They leaned toward the image of a business-man; persuading that working-class voters would be promised jobs through protective tariffs. However, the debate on tariffs is a constroversial subject, ultimately leaving farmers struggling even more. It all came down to the diverse and distinguished classes of poltitics, each voicing thier own views and objections when considering the coinage dilemma. Urban workers obviously overpowered the rural families, who are against silver issues; out of fear that free coinage would inflate prices.


Silver was more abundant than gold, but Bryan looked through a lense with a moral and ethical outlook, rather than solely basing his campaign on gaining votes.


“every great economic question is in reality a great moral question.” -Bryan.