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Can someone explain to me the issue of silver v. gold in late 19th c. America?
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<p>[QUOTE="faceglider, post: 1579706, member: 32190"]Hi,</p><p>I am having trouble understanding the poltics surrounding the gold and silver issue in the late 19th century. I am in school. Right now, I am learning about Chinese interest in silver during the Ming dynasty. THis continued into the Qing dynasty. The Trade Dollars, for instance, were important in consideration to U.S/Britain/China trade. Professors like to skip over the era of Presidential history between 1865 and 1901. But that's when a lot of debate stirred concerning gold and silver in consideration to a monetary standard. Why silver? Why gold? I know of W.J. Bryan's Cross of Gold speech. It seems that it came to a head in various dates, but 1921 was a highlight. Can anyone shed light on any of this? I don't know where to start. The 1870's seem to be a period of depression. Maybe deflation? Sorry. I'm so entrenched in Chinese history now, I've lost focus on U.S. history, concerning coinage.[/QUOTE]</p><p><br /></p>
[QUOTE="faceglider, post: 1579706, member: 32190"]Hi, I am having trouble understanding the poltics surrounding the gold and silver issue in the late 19th century. I am in school. Right now, I am learning about Chinese interest in silver during the Ming dynasty. THis continued into the Qing dynasty. The Trade Dollars, for instance, were important in consideration to U.S/Britain/China trade. Professors like to skip over the era of Presidential history between 1865 and 1901. But that's when a lot of debate stirred concerning gold and silver in consideration to a monetary standard. Why silver? Why gold? I know of W.J. Bryan's Cross of Gold speech. It seems that it came to a head in various dates, but 1921 was a highlight. Can anyone shed light on any of this? I don't know where to start. The 1870's seem to be a period of depression. Maybe deflation? Sorry. I'm so entrenched in Chinese history now, I've lost focus on U.S. history, concerning coinage.[/QUOTE]
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Can someone explain to me the issue of silver v. gold in late 19th c. America?
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