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Muthafukajones · 46-50, M
Not since Grover Cleveland has there been a president to win 2 non consecutive elections
beckyromero · 36-40, F
@Muthafukajones
And then his party lost the next four presidential elections in a row (and seven of tne next nine).
And then his party lost the next four presidential elections in a row (and seven of tne next nine).
Muthafukajones · 46-50, M
@beckyromero I’m just saying I found it interesting that Grover had done that.
beckyromero · 36-40, F
@Muthafukajones
Cleveland left office very unpopular. He ended up repudiated by his own party.
The Democrats nominated William Jennings Bryan in 1896, who gave one of the most rousing convention speeches in history, damning the "gold standard" for redeeming paper currency in the United States which Cleveland favored.
We do not come as aggressors. Our war is not a war of conquest. We are fighting in the defense of our homes, our families, and posterity. We have petitioned, and our petitions have been scorned. We have entreated, and our entreaties have been disregarded. We have begged, and they have mocked when our calamity came.
We beg no longer; we entreat no more; we petition no more. We defy them! ...
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. ...
It is the issue of 1776 over again. Our ancestors, when but 3 million, had the courage to declare their political independence of every other nation upon earth. Shall we, their descendants, when we have grown to 70 million, declare that we are less independent than our forefathers? No, my friends, it will never be the judgment of this people. Therefore, we care not upon what lines the battle is fought. If they say bimetallism is good but we cannot have it till some nation helps us, we reply that, instead of having a gold standard because England has, we shall restore bimetallism, and then let England have bimetallism because the United States have.
If they dare to come out in the open field and defend the gold standard as a good thing, we shall fight them to the uttermost, having behind us the producing masses of the nation and the world. Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold.
Bryan lost that battle in 1896 to Republican William McKinley.
But, in the end, he won the war.
On April 5, 1933, President Franklin Roosevelt ordered all gold coins and gold certificates in denominations of more than $100 to be turned into the government in exchange for U.S. currency. In May the government set price of $20.67 per ounce. And on June 5, 1933, Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold.
On August 15, 1971 President Richard Nixon announced that the U.S. would no longer convert dollars to gold at a fixed value, thereby completely abandoning the gold standard. in 1974 President Gerald Ford signed legislation that finally permitted Americans to own gold bullion again.
Cleveland left office very unpopular. He ended up repudiated by his own party.
The Democrats nominated William Jennings Bryan in 1896, who gave one of the most rousing convention speeches in history, damning the "gold standard" for redeeming paper currency in the United States which Cleveland favored.
We do not come as aggressors. Our war is not a war of conquest. We are fighting in the defense of our homes, our families, and posterity. We have petitioned, and our petitions have been scorned. We have entreated, and our entreaties have been disregarded. We have begged, and they have mocked when our calamity came.
We beg no longer; we entreat no more; we petition no more. We defy them! ...
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. ...
It is the issue of 1776 over again. Our ancestors, when but 3 million, had the courage to declare their political independence of every other nation upon earth. Shall we, their descendants, when we have grown to 70 million, declare that we are less independent than our forefathers? No, my friends, it will never be the judgment of this people. Therefore, we care not upon what lines the battle is fought. If they say bimetallism is good but we cannot have it till some nation helps us, we reply that, instead of having a gold standard because England has, we shall restore bimetallism, and then let England have bimetallism because the United States have.
If they dare to come out in the open field and defend the gold standard as a good thing, we shall fight them to the uttermost, having behind us the producing masses of the nation and the world. Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold.
Bryan lost that battle in 1896 to Republican William McKinley.
But, in the end, he won the war.
On April 5, 1933, President Franklin Roosevelt ordered all gold coins and gold certificates in denominations of more than $100 to be turned into the government in exchange for U.S. currency. In May the government set price of $20.67 per ounce. And on June 5, 1933, Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold.
On August 15, 1971 President Richard Nixon announced that the U.S. would no longer convert dollars to gold at a fixed value, thereby completely abandoning the gold standard. in 1974 President Gerald Ford signed legislation that finally permitted Americans to own gold bullion again.
Muthafukajones · 46-50, M
@beckyromero All I said was that there has only ever been one US president be be elected to non consecutive terms in office and this is the reaction.
beckyromero · 36-40, F
Muthafukajones · 46-50, M
@beckyromero It was just an observation like saying looks like rain today… and then I got a full meteorological description.
beckyromero · 36-40, F
