Contemporary American History, 1877-1913Beard, Charles A. (Charles Austin)
History
Contemporary American History, 1877-1913
Beard, Charles A. (Charles Austin)
United States -- History -- 1865-1921
The monetary question was the great paramount issue. But Mr. Bryan did
not stop to discuss any of the technical points involved in it.
Protection had slain its thousands, and the gold standard had slain its
tens of thousands; the people of the United States did not surrender
their rights of self-government to foreign potentates and powers. The
common people of no land had ever declared in favor of the gold
standard, but bondholders had. If the gold standard was a good thing,
international bimetallism was wrong; if the gold standard was a bad
thing, the United States ought not to wait for the help of other nations
in righting a wrong--this was the line of Mr. Bryan's attack. And he
concluded by saying: "Mr. Carlisle said, in 1878, that this was a
struggle between the idle holders of idle capital and the struggling
masses who produce the wealth and pay the taxes of the country; and, my
friends, it is simply a question that we shall decide upon which side
shall the Democratic party fight? Upon the side of the idle holders of
idle capital, or upon the side of the struggling masses? That is the
question that the party must answer first; and then it must be answered
by each individual hereafter. The sympathies of the Democratic party, as
described by the platform, are on the side of the struggling masses, who
have ever been the foundation of the Democratic party.
"There are two ideas of government. There are those who believe that if
you just legislate to make the well-to-do prosperous, their prosperity
will leak through on those below. The Democratic idea has been that if
you legislate to make the masses prosperous, their prosperity will find
its way up and through every class that rests upon it.
"You come to us and tell us that the great cities are in favor of the
gold standard. I tell you that the great cities rest upon these broad
and fertile prairies. Burn down your cities and leave our farms, and
your cities will spring up again as if by magic. But destroy our farms,
and the grass will grow in the streets of every city in this country.
"My friends, we shall declare that this nation is able to legislate for
its own people on every question, without waiting for the aid or consent
of any other nation on earth, and upon that issue we expect to carry
every single State in this Union.
Public-domain text, read in full here on John Shaqi.
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