Paul Cooney
AP American
Mr. DeCarlo
8 January 2007
LAD 20- Cross of Gold speech
Given at the 1896 Democratic National Convention in Chicago, Bryan delivered his most famous speech, the “Cross of Gold” which dealt with the issue of currency in the United States. The Democratic Party wanted to standardize the value of money to silver, not gold. Because silver was in greater supply than gold, inflation would occur that would make it a lot easier for debtors (particularly farmers) to pay off their debts. The backers of a gold standard were primarily the Republicans, who felt that protection again inflation was of utmost importance. The final paragraph sums up the true message that Bryan was trying to deliver:
“If they dare to come out in the open field and defend the gold standard as a good thing, we shall fight them to the uttermost, having behind us the producing masses of the nation and the world. Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold.”
