Wednesday, July 7, 2010

Cross of Gold speech

On July 8, 1896 William Jennings Bryan gave his "Cross of Gold" speech at Democratic national convention.

It's a remarkable speech -- full of difficult concepts and allusive language; note especially the trickle down economics. It's (sadly) hard to imagine such a speech being given today. 114 years ago political speeches had more substance -- or so it seems.

Here's a link to the full text and a few of the paragraphs:

"Mr. Carlisle said in 1878 that this was a struggle between the idle holders of idle capital and the struggling masses who produce the wealth and pay the taxes of the country; and my friends, it is simply a question that we shall decide upon which side shall the Democratic Party fight. Upon the side of the idle holders of idle capital, or upon the side of the struggling masses? That is the question that the party must answer first; and then it must be answered by each individual hereafter. The sympathies of the Democratic Party, as described by the platform, are on the side of the struggling masses, who have ever been the foundation of the Democratic Party.

There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it.

You come to us and tell us that the great cities are in favor of the gold standard. I tell you that the great cities rest upon these broad and fertile prairies. Burn down your cities and leave our farms, and your cities will spring up again as if by magic. But destroy our farms and the grass will grow in the streets of every city in the country."

http://bit.ly/da7tDK

2 comments:

Anonymous said...

A great orator, even if he did get spanked by Darrow.

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