Complete Life of William McKinley and Story of His Assassination: An Authentic and Official Memorial Edition, Containing Every Incident in the Career of the Immortal Statesman, Soldier, Orator and PatriotEverett, Marshall
History
Complete Life of William McKinley and Story of His Assassination: An Authentic and Official Memorial Edition, Containing Every Incident in the Career of the Immortal Statesman, Soldier, Orator and Patriot
As before stated, however, the issues had already been firmly fixed in
the public mind. The advocates of the free coinage of silver had been
preaching their doctrines for months, and as their arguments were easily
comprehended, the masses took to them with avidity. The cry was that the
Republicans intended to destroy silver except as a subsidiary coin, and
make gold the basic money of the country. It was asserted that there was
not gold enough in the world to provide a currency for the wants of
trade, hence the volume of money would be contracted, if the policy of
the Republicans prevailed. Prices of commodities, already extremely low,
would fall lower, because there would be less money for the people to
purchase them with, hence the distress would grow apace.
These arguments had been disseminated in a small book the writer of
which pretended to hold a “financial school,” and to expound for the
benefit of the people, and for the benefit of capitalists especially,
the true gospel of finance. Millions of copies of this book had been
sold, and people throughout the length and breadth of the land were
familiar with its arguments. Those of opposite beliefs had not been
asleep during this period. They had formulated arguments in
contradiction, and four or five books had been written and printed to
offset the influence of the silver campaign document.
The Democrats nominated William Jennings Bryan, of Nebraska, as their
standard bearer. Mr. Bryan was an ex-member of Congress, and prior to
the Convention had not been regarded as a prominent candidate for the
Presidency. He was young, and there were wheel-horses in the party to be
rewarded. “Silver Dick,” as the Hon. Richard P. Bland, of Missouri, was
called, because of his long defence of silver in the House of
Representatives as a money metal, was one of the most formidable
candidates, and Governor Horace Boies, who had succeeded in winning the
Republican State of Iowa for the Democrats, also had a large following.
Mr. Bryan came to the Convention as a delegate, a pronounced champion of
the silver theory, and a representative of the producing classes of the
country. He had already achieved fame as an orator, and during the
Convention he took the platform and made a most brilliant speech in
favor of the free coinage of silver. The address so electrified the
Convention that delegation after delegation voted for Mr. Bryan when the
balloting began, and before the roll call was finished it was seen that
he was nominated.
Public-domain text, read in full here on John Shaqi.
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