LAD/Blog #26: William Jennings Bryan's "Cross of Gold" speech


LAD/Blog #26: William Jennings Bryan's "Cross of Gold" speech:


On July 9th, 1896, William Jennings Bryan presented his "Cross of Gold" speech. This is to address the issue over the free coinage of silver at a ratio of silver to gold 16 to 1. He lays the foundations of his speech with "individual is but an atom; he is born, he acts, he dies; but principles are eternal; and this has been a contest of principle." Bryan is stating how running in an election has everything to do with humanitarian principles. He addresses how Democrats have proposed the issue of money, but ties and friendships are still disregarded. He speaks out against the dominating businesses of the time, and, instead, he states how they are all businessmen. Bryan also encourages to fight "in the defense of our homes, our families, and posterity." Bryan ends with if anyone tries to defend the gold standard, he will "fight" them because he believes people should not "crucify mankind upon a cross of gold."

This is similar to the "Nixon Shock" which was when Nixon cancelled the direct international convertibility of the United States dollar to gold. Like the Cross of Gold speech, it combatted the gold standard.


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