Saving the Gold Standard
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Most Republicans and some eastern Democrats shared President Cleveland’s conservative economic views. The believed that individuals bore the responsibility for weathering economic downturns and the government had no role in that natural cycle.
An exception was made, however, for issues of overarching importance regarding the nation’s solvency. Cleveland took two steps to shore up trust in the monetary system:
The strategy was successful; gold flooded back into the Treasury. The gold standard had been saved. Public confidence in the ability of the government to redeem its notes was restored.
Like the repeal of the Sherman Silver Purchase Act, the Wall Street “deal” with Morgan angered the indebted farming interests and deepened the split in the Democratic Party.
The Gold Standard in the United States
... a virtual acceptance, at least for the time, of the universal adhesion to a gold standard. From 1862 until the resumption of 1897 gold had been above par, reaching the high premium of 285 in 1864. It first touched par a few days before ...
Fuel Economy Information Center - Information on CAFE standards, saving fuel and saving lives
... 505: Regulations: The Untold Story by Dana Joel Gattuso Blog: Tightening CAFE Standards Would Increase Congestion Ten Second Response #92103: Ecoterrorist Hate Crimes on the Increase by Amy Ridenour National Policy Analysis #481: Anti-SUV ...
Save Me the Waltz
... by Zelda Fitzgerald Dust Jacket Illustration by Cleonike Damianakes This page updated 30 June 1998. Copyright 1996, the Board of Trustees of the University of South Carolina. URL http://www.sc.edu/fitzgerald/collection/dustjackets/waltz.html ...