LAD #20 Brians Cross of Gold Speech

In the Speech William Jennings Brian began by explaining that one of the biggest problems at the time was that fact that their wasn't enough money in circulation because at the moment America's currency had to be backed by the dollar and so only gold was accepted as currecny. He explained that if silver was again placed in currency at 1/16 the value of gold then this extra money would help poor farmers. Brian made it clear that Farmers, who made all their sales and bussiness transactions in one small amount of time out of the entire, needed large amounts of money for these sales and buys. Yet with only gold backing the dollar, customers didn't have enoguh money which means Farmers couldn't sell as much of their products and on the other side they couldn't buy necessary equipment as a result of lack of money or too high pricces. In his speech Brian used these points to point out the current problems and identify solutions which would work.