Showing posts with label Cross of Gold speech. Show all posts
Showing posts with label Cross of Gold speech. Show all posts

Thursday, October 13, 2016

Presidential Election of 1896

Democratic Presidential Banner from 1896


Americans seem to think the Presidential Election currently in the news is the wildest one yet, but last week's blog shared some of the elections that have been called "the dirtiest."  This week I will share events of the 1890 elections, the last Presidential Elections of Isaac B. Werner's lifetime, which were pretty crazy!!

The era most of us know as the Gilded Age was great for a small segment of Americans, but for farmers like Isaac, as well as other workers engaged as miners, small ranchers, and factory laborers, times were hard.  The big issue became whether adhering to the gold standard to keep a stable economy was best or whether implementing bimetalism to include silver would benefit more ordinary Americans.

Cartoon from St. John, KS County Capital
For farmers and other working class people who were suffering most economically, 'Free Silver!' became the rallying cry.  The Republicans had the political wealth and power, but the People's Party believed that if they joined with the Democrats in nominating William J. Bryan as their Presidential candidate that their combined votes could defeat the Republicans. 

The caption on the cartoon showing Uncle Sam trying to ride his bicycle with only one wheel, identified as "Gold" reads:  "The country will never be Prosperous again until Silver is restored to full and unlimited coinage."  The "Silver" wheel lies on the ground, crushed by "Demonitization" with the guiding light of a lamp left behind on the ground labeled "Common Sense."

It was William Jennings Bryan's Cross of Gold speech at the Democratic Convention, with its reference to drip down economics, that probably lifted him above other potential nominees, and it was certainly Bryan's nearly exclusive focus on "Free Silver" that led the People's Party to nominate him, despite the fact that he was not a member of their party!

When it came to selecting the Vice-Presidential candidate, however, the Democrats and the People's Party nominated different candidates.  The Democrats chose a wealthy man from the east coast, hoping he would bring some votes from those Republicans who favored silver (and there were a few who did).  The People's Party nominated one of their own as the Vice-Presidential candidate, wanting to be represented on the ticket. 

The tactic did not succeed.  Republican McKinley received 271 electoral votes while Bryan received only 176.

Four years earlier in the 1892 Presidential Election, bimetallism had also been an issue, with the Democrats choosing Cleveland as their candidate, the Republicans choosing Harrison, and the People's Party choosing Weaver.  Cleveland prevailed with 277 electoral votes to Harrison's 145 and Weaver's 22.  The poor economy during Cleveland's administration was blamed on adherence to the gold standard by many in the People Party and Cleveland's own Democratic party, and they demanded bimetallism.

Political Cartoon from St. John, KS County Capital progressive newspaper

The above political cartoon uses the bicycle theme to illustrate why bimetallism beats the gold standard.  President Cleveland is depicted riding a unicycle, cheered on by the wealthy.  The caption reads:  "Cleveland--'This blasted wheel wobbles too much.  I never can catch that fellow ahead and you might as well save your breath.  I am in a perplexing and delicate predicament as a result of ill-advised financial expedients.'"

The poor economy set the stage for the Democrats in 1896 to nominate Bryan as their candidate.   People's Party candidate Weaver's weak performance in 1892 motivated the populists in 1896 to make the unusual decision to select the nominee of the Democratic ticket for their own Presidential candidate, while at the same time nominating a different man for Vice President. 

The Republicans who favored bimetallism split from their party to form a splinter party, as did the Democrats who favored retaining the Gold standard, while the People's Party nominated a Democrat as their candidate, resulting in William Jennings Bryan having two different running mates.  Talk about a crazy Presidential Election!

So, as you follow the news of the upcoming Presidential Election of 2016, perhaps you can take some comfort in the fact that as crazy as it may seem to you, America has survived crazy Presidential elections in the past.

By the way, although Bryan did receive a strong showing of 47% of the popular vote in 1896 to McKinley's 51%, the electoral vote was McKinley 271, Bryan 176.  That difference shows how important it is that candidates pay attention to states with more electoral votes during their campaigning.  It also explains why we see so many charts on our television screens showing the likely votes of the "Important" electoral states and why Isaac's old home state of Kansas, with fewer electoral votes, is rarely mentioned by the television commentators. However, in the 1896 Presidential election, Kansas was at the heart of political news.


Thursday, September 8, 2016

Why celebrate July 4th?

Painting by Jean Leon Gerome Ferris, 1900
Ask people to quote the opening words of America's Constitution, and at least some of them will begin, "We hold these truths to be self-evident, that all Men are created equal..."  Those are important words, but they do not come from the Constitution.  They open the second paragraph of the Declaration of Independence.  We celebrate July 4, 1776 because 56 men were brave enough to sign The Unanimous Declaration of the Thirteen United States of America.  Doing so made them traitors to the British Crown.  Today we know that their quest succeeded, but at the time they affixed their signatures the likelihood of success was shaky, to say the least.

Their Declaration began, "When in the Course of human Events, it becomes necessary for one People to dissolve the Political Bands which have connected them with another...they should declare the causes which impel them to the Separation."  These quoted sections are familiar to many Americans, and the date of the Declaration is known to nearly everyone, but many of us have forgotten or never read the detailed reasons given by the signers.  We sought our independence because of what those signers believed were "...a History of repeated Injuries and Usurpations, all having in direct Object the Establishment of an absolute Tyranny over these States.  To prove this, let Facts be submitted to a candid World."

The U.S. Declaration of Independence
The key phase to this Declaration, in my view, is "let Facts be submitted."  It is the linchpin to our democracy.  These founding fathers did not simply say, 'Great Britain is a long way off and we are of an independent nature, so let's establish our own nation.'  Rather, they provided specific facts in support of their actions.  Neither did they stop by simply alleging "repeated Injuries and Usurpations."  They listed what they found injurious and wrongful appropriations.

When they concluded their Declaration by "mutually pledge[ing] to each other our Lives, our Fortunes, and our sacred Honor" they understood the consequences should their cause fail.  It was facts that they set before the world and facts which made ordinary men in the militia of the separate states take up arms.

In 1776 ordinary Americans needed to rely on the honor of their leaders' word.  Today we have Fact Checkers!

Political cartoon from County Capital
The drift toward name calling and distortion of facts was already well established by the time workers confronted wealth and power with the progressive movement.  Initially, Isaac joined with others in his county in a local Farmers' Alliance, and their goals included:  "To develop a better state mentally, morally, socially, and financially;" and "Constantly to strive to secure entire harmony and good-will among all mankind and brotherly love among ourselves."  The Alliance was the organization upon which Isaac and many other Kansas farmers placed such hope for educating and improving farmers lives and the methods which would allow them to succeed. However, ultimately workers came together politically, and the ideals of the Alliance were overwhelmed by political language.  Political speakers and political cartoons villainized those with opposing views and exaggerated and distorted facts to support their opinions and belittle the opinions of their opposition.

Were there exaggerations among the facts given in support of declaring independence from Great Britain.  Probably.  But causes are more likely to succeed when facts form the motivation for actions.  The People's Party failed when they set aside their original goals and followed the call of a candidate whose oratory drifted away from facts and appealed to emotions."...[W]e 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," cried William Jennings Bryan, and the People's Party left behind their own goals to join the Democrats in nominating the young Nebraska orator for President.  The power of strong language stirs voters now, as Bryan's oratory did in Isaac's time, but the Founding Fathers' example of basing decisions on facts remains a model for every generation.

Monday, July 15, 2013

The People's Party Urged Silver

1890 Political Cartoon from the County Capital
During the People's Party movement of the late 1800s one of the most politically divisive issues was bimetallism.  Many members of the People's Party supported bimetallism, in which silver as well as gold would support our currency.
 
Initially, both gold and silver were legal tender of the United States, first with a floating exchange rate that was fixed at a 15:1 ratio in 1792 by Alexander Hamilton, Secretary of the Treasury.  During the Civil War money was needed to pay soldiers, and "Greenbacks" were issued, but the bonds to pay for the War were redeemable in gold.  This was pointed to by the People's Party as an example of the wealthy getting their bonds repaid in valuable gold while the soldiers were left with the deflated paper money.  It was in 1873 that the free and unlimited coinage of silver ended, putting the country on a gold standard.  When the Panic of 1893 struck the nation, the schism between the wealthy and the working classes intensified, particularly regarding the continuance of the gold standard.
 
1890s Political Cartoon from the County Capital
Membership in the People's Party consisted largely of farmers, laborers, and miners, and the majority believed that a return to silver would inflate the money supply, giving more cash to everybody.  Farmers especially saw a double benefit from inflation--higher prices for their crops and repayment of their outstanding loans with deflated dollars.  Bankers and other investors obviously opposed the idea of accepting deflated dollars in payment of the notes they held.  Politically, this translated into Republicans supporting candidates and policies that adhered to the gold standard while Democrats and the People's Party supported candidates and policies that supported bimetallism.
 
The political cartoon at the start of his blog shows rich men in top hats, holding government bonds as they cheer for President Cleveland, who is struggling to compete on a unicycle representing the single metal gold standard.  The common man, on a 2-wheeled bicycle representing bimetallism, stays in the lead.  The political cartoon just above uses a one-wheeled bicycle, showing how impossible it is for Uncle Sam to make any progress toward prosperity when the rear wheel, labeled "silver" has been removed.
 
Abandoned silver mines near Creede, Colorado
The prosperity of  silver mines declined as an oversupply of the metal caused the market to fall.  In an effort to prop up the market and appease those calling for a return to bimetallism, the government agreed to buy a certain amount of silver each month at a fixed price.  Naturally, this caused silver mines to reopen and increase operations, driving the silver market below the government price to the extent that the government program was ended.  When we visited Creed, Colorado, we saw the evidence of that tumultuous period for miners in the form of abandoned mines.
 
In 1896 the Democrats nominated William Jennings Bryan, and the People's Party also nominated Bryan, believing that the combined votes of the two parties would defeat the Republican candidate and put a "Free Silver" president in the White House.  Bryan's focus on the silver issue was apparent at the Democratic Convention, where he delivered his famous "Cross of Gold" speech, declaring:  "The gold standard has slain tens of thousands."  He contrasted "idle holders of idle capital" with "the struggling masses, who produce the wealth and pay the taxes of the country."  
 
Regional voting in 1896 Election
 Bryan's speech takes its familiar title from his rallying challenge to the Republicans:  "You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold."  (To read the full text of this speech you may go to http://historymatters.gmu.edu/d/5354.)
 
Disagreements about the silver question resulted in groups splintering off from both of the major parties, but on election day Bryan swept the rural South, the heartland states, and the upper Northwest, areas where farming, mining, and lumbering were dominant.  However, McKinley held the banking, railroading, and manufacturing states and gained the presidency with 51 % of the vote.
 
The push by the People's Party to join with Democrats to gain the White House and put a Free Silver President in office failed.  (For a good explanation of the 1896 Currency Question you may visit http://projects.vassar.edu/1896/currency.html.) 

Next week's blog will share more about William Jennings Bryan from his own book published immediately after the 1896 campaign and titled "The First Battle."