William Jennings Bryan: A Concise But Complete Story of His Life and Services — John Shaqi
William Jennings Bryan: A Concise But Complete Story of His Life and ServicesNewbranch, Harvey Ellsworth
History
William Jennings Bryan: A Concise But Complete Story of His Life and Services
Newbranch, Harvey Ellsworth
Bryan, William Jennings, 1860-1925
“We demand the free coinage of silver on equal terms with gold and
denounce the efforts of the Republican party to serve the interest of
Wall Street as against the rights of the people.”
In 1891 he had secured the adoption of a free silver plank in the
Nebraska Democratic platform. In 1892 he made a hard fight for a similar
plank in the state platform, but lost by a very close vote. On the day
before the national convention which nominated Mr. Cleveland for
president, Mr. Bryan was renominated for Congress on a platform in which
free coinage was made the paramount issue, and throughout the campaign
he devoted to it the major portion of his time. In this way, from free
choice and impelling conviction, Mr. Bryan had committed himself to the
doctrine of bimetallism and had declared his plan for putting it into
practice.
Mr. Bryan made his first speech in Congress against unconstitutional
repeal on February 9, 1893. In it he said:
“I call attention to the fact that there is not in this bill a single
line or sentence which is not opposed to the whole history of the
Democratic party. We have opposed the principle of the national bank on
all occasions, and yet you give them by this bill an increased currency
of $15,000,000. You have pledged the party to reduce the taxation upon
the people, and yet, before you attempt to lighten this burden, you take
off one-half million of dollars annually from the national banks of the
country; and even after declaring in your national platform that the
Sherman act was a ‘cowardly makeshift’ you attempt to take away the
‘makeshift’ before you give us the real thing for which the makeshift
was substituted.... Mr. Speaker, consider the effect of this bill. It
means that by suspending the purchase of silver we will throw fifty-four
million ounces on the market annually and reduce the price of silver
bullion. It means that we will widen the difference between the coinage
and bullion value of silver and raise a greater obstacle in the way of
bimetallism. It means to increase by billions of dollars the debts of
our people. It means a reduction in the price of our wheat and our
cotton. You have garbled the platform of the Democratic party. You have
taken up one clause of it, and refused to give us a fulfilment of the
other and more important clause, which demands that gold and silver
shall be coined on equal terms without charge for mintage.
“Mr. Speaker, this can not be done. A man who murders another shortens
by a few brief years the life of a human being; but he who votes to
increase the burden of debts upon the people of the United States
assumes a graver responsibility. If we who represent them consent to rob
our people, the cotton-growers of the South and the wheat-growers of the
West, we will be criminals whose guilt can not be measured by words, for
we will bring distress and disaster to our people.”
Public-domain text, read in full here on John Shaqi.
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