William Graham Sumner, Volume 2 |
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Page 176
The campaign issue of 1896 was free silver , but it was much more than that , it was a fight against the ' money power . " There are but two sides in the conflict that is being waged in this country today " , declared the Silver Knight ...
The campaign issue of 1896 was free silver , but it was much more than that , it was a fight against the ' money power . " There are but two sides in the conflict that is being waged in this country today " , declared the Silver Knight ...
Page 180
The National Bank Act of 1863 , had permitted national banks to issue currency on the security of government bonds in quantities they chose . Greenbacks were regarded by them as political money because they were controlled by Congress .
The National Bank Act of 1863 , had permitted national banks to issue currency on the security of government bonds in quantities they chose . Greenbacks were regarded by them as political money because they were controlled by Congress .
Page 181
After the middle 70's , with the passage of the Specie Resumption Act of 1875 , debtors and inflationists transferred their interests from green- backs to silver , and until 1896 " free silver " became the most important political issue ...
After the middle 70's , with the passage of the Specie Resumption Act of 1875 , debtors and inflationists transferred their interests from green- backs to silver , and until 1896 " free silver " became the most important political issue ...
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action adjustment American became become believe called capital cause century civilization competition conception cooperation demands democracy Democrats doctrine Earth economic effort element equality Essays ethical evolution existence experience fact farmers federal folkways forces Forgotten gain give gold hands HENRY human Hunger important increase individual industrial institutions interests issue Keller labor land laws legislation less liberty living LOUIS masses means middle class monopoly moral natural never organization party period political position present problem produce protect question railroads reason regarded regulation relations result Science of Society selection Senate silver social society standard strike struggle struggle for existence success Sumner tariff things tion turn Union United wages wealth welfare York