LAD #20.
William Jennings Bryan's “Cross of Gold” Speech
This issue of whether or not to endorse the free coinage of silver at a ratio of silver to gold of 16 to 1, is unquestionably a matter of undying principal, verses simply a personal issue. The holy cause of liberty must be defended. The silver Democrats, in particular, are meeting to address the interests of the common people. We come together now, not as individuals, but as a collective group fighting to defend our beliefs. We stand here representing people who are the equals before the law, from the businessmen of this nations’ states, to the farmers, to the coal miners. Through this matter we must all fight for our homes, families, and posterity. The income tax was not unconstitutional when it was passed, meaning the income tax is a just law. With the example that Thomas Benton gave, you will find that he said that in searching history he could find but one parallel to Andrew Jackson. In addition, Mr. Jefferson, who was once regarded as good Democratic authority, seems to have a different opinion from the gentleman who has addressed us on the part of the minority. I agree with Jefferson on this issue as the issue of money is a function of the government. In the past three months the sentiment concerning gold and economics has greatly shifted, as even the advocates of the gold standard did not think that we could elect a President. The change being that Mr. McKinley was nominated at St. Louis upon a platform that declared for the maintenance of the gold standard, until it should be changed into bimetallism by an international agreement. In this issue we shall prevail as we can simply point to their platform and tell them that their platform pledges the party to get rid of a gold standard and substitute bimetallism. Mr. Carlisle once said in 1878, that this was a struggle between the idle holders of idle capital and the struggling masses. Fellow Americans and 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.
