Summary of William Jennings Bryan's Cross of Gold Speech -
William Jennings Bryan delivered this speech on July 9, 1896 during the Democratic National Convention. The topic discussed was the whether or not to endorse the free coinage of silver at the ratio of silver to gold, 16:1. If this was enforced, the indebted farmers would be aided due to the increase in money circulation. Bryan advocates for a monetary system called bimetallism in which the new currency would equal a set amount of gold and silver. Putting this system into place would benefit the country and end deflation.
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