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The slave states hated the tariffs more than other states because slaves could have tariffs on their lives. A slave that originally sold for 100 gold would sell for up to 150 with the tax.
By the time of the Great Depression, every major economic nation had gone off the gold standard. The US abandoned the gold standard in 1933 and confiscated gold coins. People had been hording gold so by confiscating the coins, the government was trying to make the public use banks and paper currency and not depend on gold.
The Cross of Gold was given by William Jennings Bryan on July 9, 1896 at the Chicago Coliseum. It considered the placing of the economy of the US on a gold standard while there would be no silver standard.
Whether to impose military rule over the South or to allow the South to run its own government peacefully. This also had to do with how to abolish slavery and quash secessionalism in the South.
Sutter's Fort
Republicans... because McKinley ran on a platform of supporting the gold standard and high tariffs
the democrats opposed the gold standard. the republicans supported it.
republicans
yes
Gold standard , high tariffs and limits on immigrantion
The gold standard was a system of money where the government owned and kept an amount of gold that was represented by the paper money issued. Paper money was called gold certificates and originally you could present the paper money and be given the stated face amount of gold for it. People like libertarians and strict constitutionalists supported the system, but the US stopped using it.
Tariffs are not that high in the USA during the 1920s. European countries had high tariffs as well, definitely compared to the pre-WW1 period, but this was mostly because of problems reestablishing the gold standard
The 1892 campaign centered mainly on economic issues, especially the concept of a sound currency. Former Democratic President Grover Cleveland was a proponent of the gold standard, while incumbent Republican President Benjamin Harrison supported bimetalism (both gold and silver money are legal tender in unlimited amounts). Cleveland also ran on a platform of lowering tariffs (the Republicans believed in tariffs on imported goods) and opposed the Republicans' 1890 voting rights proposal.
The 1892 campaign centered mainly on economic issues, especially the concept of a sound currency. Former Democratic President Grover Cleveland was a proponent of the gold standard, while incumbent Republican President Benjamin Harrison supported bimetalism (both gold and silver money are legal tender in unlimited amounts).Cleveland also ran on a platform of lowering tariffs (the Republicans believed in tariffs on imported goods) and opposed the Republicans' 1890 voting rights proposal.
In the 1896 US presidential election, Democratic candidate William Jennings Bryan was well known for supporting the silver standard, as opposed to Republican William McKinley's support of the gold standard. The gold standard meant that money was linked to the value of gold. Because of the gold standard, debtors rarely got out of debt because of continuous inflation. Bryan supported shifting the standard to silver, a cheaper metal that would give debtors greater chances to pay their debts. As a result, the silver producing states in the West and rural debtors supported Bryan. Bryan lost the election to McKinley.
The gold standard was first adopted in Britain in 1821Read more: gold-standard
The Democratic Party In campaigning for The Election of 1896, William Jennings Bryan supported silver, rather than the gold standard, which William McKinley supported. McKinley won the election.