Michael Kazin, The Populist Persuasion: An American History (New York: Basic Books, 1995). xLIII - SPRING/SUMMER 2010 - 1-12 COPYRIGHT Â© 2010 BY THE UNIVERSITY OF OKLAHOMA. ALL RIGHTS OF REPRODUCTION IN ANY FORM RESERVED Party of the late 1880s and 1890s, which rallied behind William Jennings Bryanâs oft-cited âCross of Goldâ speech at the Democratic Convention in 1896 and his subsequent first run as presidential candidate, was in certain ways left-wing populismâs high-water mark. Bryan famously preached against an anti-inflationary gold standard and in favor of âbimetallismâ (silver as well as gold), but what this meant in practical terms was an argument against the âidleâ capital of urban Eastern bankersâthe creditors of the timeâand in favor of Western agrarian interests whose debts would be reduced by the inflation resulting from the abandonment of the gold standard. The most enduringly left-leaning or âprogressiveâ contributions of this earlier phase of populismâthe desire to protect small farmers, anti-trust and monetary reform, the surge in the power of labor unions under Samuel Gompers, new banking and stock market regulations after the crash of 1929, and Franklin D. Rooseveltâs federal works projects in response to the Great Depression of the 1930sâhave been
Genre: Forms of Discourse and Culture – Duke University Press
Published: Mar 1, 2010
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