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William Jennins Bryan Was born
William Bryan was born in 1860 in Salem Illinois. -
Grover Cleveland
Grover Cleveland was the 22nd president and the 24th president of the US. He is the only president to serve 2 non consecutive terms.
he was the first President to be elected after the civil war.
his second term opened with the worst financial crisis in the countrys history, the Panic Of 1893
He became more unpopular when he used federal troops to crush the Pullman Railroad Strike in 1894.
His second term was March 4th 1893-March 4th 1897 -
Populism
Populism is standing up for the rights and positions of the common poeple as opposed to the best and the government.
Populism has become a word of many meanings to a lot of people.
The Impact: the impact on America was very strong.
They lowered tarrifs short term credit was made available in rural areas, and it prepared the way for these adjustments to a modern American Society.
Success: I think it was very successful considering the impact it had on American society. -
Depression of 1893
One of the causes was the overbuilding and shaky financing of railroads resulting in a series of bank failures. stock prices declined, 500 banks closed, and 15000 businesses failed. Many Americans blmaed those who couldnt find work, accusing them of LAZINESS This depression happened 10 days before the inauguration of president GROVER CLEAVELAND. -
Cross of Gold Speech
William Jennins Bryan gave his famous Cross of Gold Speach. The Cross of Gold speech advocated for what is called bimetallism, which is the use of both gold AND silver in funding a currency. Bryan was very concerned that the economy would suffer more if they depend on only gold for all of their currency. -
Wizard of Oz
The Wizard of Oz had several political interpretations in it. L. Frank Baum depicted William Randolph Hearst as Scarecrow stuck in ooze in "Hapers Weekly" In 1901 Broadway production Baum inserted explicit refrences to prominet political characters such as Theodore Roosevelt. In the stage adaption tin man waonders what would happen if he ran out of oil. the scarecrow replies,"you wouldnt be as badly off as John D Rockefeller." -
16th amendment
"the congress shall have power to lay and collect texes on income s from whatever scource, derived without appointment among the several states and without regard to any census" is what the text at the beggining of the amendment says. This amendment lets congress charge income taxes without didviding it among the states or basing it on the US census. The 16th amendment is one of the most misunderstood amendment. -
Federal Reserve Act
What happened was an act of Congress which made and set up the Federal Reserve System, Central Banking system of U. S. A. The Act was signed into law by President Woodrow Wilson
The Impact:It gave Federal Government control to regulate inflation. National Banks made mortgage loans for farm land, which wasnt allowed before.
The Success: It is a classic compromise of decentralized banking that balanced the competing interests of private banks and populist sentiment. -
William Bryan's Death
William Jennings Bryan had died July 26th 1925, in Dayton Tennessee. The cause of death was undetermined, because of the fact he had died in his sleep. Some believe he died of diabetes or fatigue. -
Alexander Hamilton and the First Bank
Alexander Hamilton
Born January 11, 1755 or 1757 - July 12, 1804
The Big Impact: He helped create one of the first and second banks in America. He thought that we needed some kind of strong financial establishment to give the country a flexible financial foundation.
Hamilton built a centralized political and economic institution to solve the country's financial problems.
Success: The bank was very successful in financing the government and exhilarating the economy.
