Silver in Control
For three years the nation had been mired in a deep economic depression, marked by low prices, low profits, high unemployment, and violent strikes. Economic issues, especially silver or gold for the money supply, and tariffs, were central issues. President Grover Cleveland, a Bourbon Democrat was pro-business and a staunch supporter of conservative measures such as the gold standard; he was strongest in the Northeast. Opposed to him were the agrarian and silver factions based in the South and West.
A two-thirds vote was required for the Democratic Party nomination and at the Convention the silverites just barely had it despite the extreme regional polarization of the delegates. In a test vote on an anti-silver measure, the Eastern states (from Maryland to Maine), with 28% of the delegates voted 96% for gold. The delegates from the rest of the country voted 91% against gold, so the silverites controlled 67% of the delegates.
Read more about this topic: 1896 Democratic National Convention
Famous quotes containing the words silver in, silver and/or control:
“The intelligent have a right over the ignorant, namely, the right of instructing them. The right punishment of one out of tune, is to make him play in tune; the fine which the good, refusing to govern, ought to pay, is, to be governed by a worse man; that his guards shall not handle gold and silver, but shall be instructed that there is gold and silver in their souls, which will make men willing to give them every thing which they need.”
—Ralph Waldo Emerson (18031882)
“The people of coming days will know
About the casting out of my net,
And how you have leaped times out of mind
Over the little silver cords,
And think that you were hard and unkind....”
—William Butler Yeats (18651939)
“He took control of me for forty-five minutes. This time Ill have control over him for the rest of his life. If he gets out fifteen years from now, Ill know. Ill check on him every three months through police computers. If he makes one mistake hes going down again. Ill make sure. Im his worst enemy now.”
—Elizabeth Wilson, U.S. crime victim. As quoted in People magazine, p. 88 (May 31, 1993)