Talk:Cross of Gold speech: Difference between revisions
Suggestion to elucidate monetary history |
m Signing comment by Rwinkel - "Suggestion to elucidate monetary history" |
||
Line 66: | Line 66: | ||
Also, I found this sentence puzzling: "is considered one of the great political addresses in American history." It seems like it should either be "is considered one of the greatest political addresses in American history." or "is considered one of the great political addresses of American history." Maybe I am wrong though. <span style="font-size: smaller;" class="autosigned">— Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/99.106.167.196|99.106.167.196]] ([[User talk:99.106.167.196|talk]]) 03:48, 12 January 2012 (UTC)</span><!-- Template:Unsigned IP --> <!--Autosigned by SineBot--> |
Also, I found this sentence puzzling: "is considered one of the great political addresses in American history." It seems like it should either be "is considered one of the greatest political addresses in American history." or "is considered one of the great political addresses of American history." Maybe I am wrong though. <span style="font-size: smaller;" class="autosigned">— Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/99.106.167.196|99.106.167.196]] ([[User talk:99.106.167.196|talk]]) 03:48, 12 January 2012 (UTC)</span><!-- Template:Unsigned IP --> <!--Autosigned by SineBot--> |
||
Loan defaults result in foreclosure and the bank gets the property. They've exchanged their virtual money (at the time, unbacked IOU's on gold, see fractional reserve banking) for real assets. Money, even gold, is only a social convention and a catalyst for economic production. Bryan correctly saw that silver would reduce the money trust's monopoly on currency. The only qualities required of a currency is that it be divisible, non-counterfeitable and widely accepted as a token of value. This is why the continental was so spectacularly successful until the british started counterfeiting it. Speaking of which, the section on "monetary standards and the united states" completely ignores the colonies' experiments with paper money. See https://en.wikipedia.org/wiki/Early_American_currency#Continental_currency |
Loan defaults result in foreclosure and the bank gets the property. They've exchanged their virtual money (at the time, unbacked IOU's on gold, see fractional reserve banking) for real assets. Money, even gold, is only a social convention and a catalyst for economic production. Bryan correctly saw that silver would reduce the money trust's monopoly on currency. The only qualities required of a currency is that it be divisible, non-counterfeitable and widely accepted as a token of value. This is why the continental was so spectacularly successful until the british started counterfeiting it. Speaking of which, the section on "monetary standards and the united states" completely ignores the colonies' experiments with paper money. See https://en.wikipedia.org/wiki/Early_American_currency#Continental_currency <small><span class="autosigned">— Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[User:Rwinkel|Rwinkel]] ([[User talk:Rwinkel|talk]] • [[Special:Contributions/Rwinkel|contribs]]) 15:42, 23 June 2013 (UTC)</span></small><!-- Template:Unsigned --> <!--Autosigned by SineBot--> |
||
== Election of 1896 == |
== Election of 1896 == |
Revision as of 15:43, 23 June 2013
Cross of Gold speech is a featured article; it (or a previous version of it) has been identified as one of the best articles produced by the Wikipedia community. Even so, if you can update or improve it, please do so. | |||||||||||||||||||||||||
This article appeared on Wikipedia's Main Page as Today's featured article on July 9, 2012. | |||||||||||||||||||||||||
|
This article has not yet been rated on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details.
Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details.
Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details.
Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details.
Please add the quality rating to the {{WikiProject banner shell}} template instead of this project banner. See WP:PIQA for details.
|
Note this
http://en.wikipedia.org/wiki/Political_interpretations_of_The_Wonderful_Wizard_of_Oz DAB295 —Preceding unsigned comment added by 72.243.80.253 (talk) 15:15, 13 March 2009 (UTC)
- I'm familiar with those, and have read a couple of journal articles on it. Yes, I know Bryan was the Cowardly Lion, and the reason the Good Witch came from the South was that it was pro-silver and Hanna was Oz, but I still haven't found a good way of putting it in the '96 election articles. Possibly I'll find a way.--Wehwalt (talk) 22:12, 7 January 2012 (UTC)
Puzzling sentence
I'm no economist, but I must admit that I find this sentence baffling:
The deflation that would result from the gold standard backed by the Republicans would benefit banks by making it harder for their debtors to pay back their loans.
Under what circumstances would it benefit creditors to make it more difficult for debtors to pay off their loans? --Jfruh 18:31, 28 October 2005 (UTC)
The banks didn't benefit from it being harder for debtors to pay off loans, but it did benefit in that the same money would have a higher value. --Rmdsc 03:17, 21 November 2005 (UTC)
That should instead say that it would be a loss to the banks because loan interest rates would be below inflation, causing a negative return from the loan CompIsMyRx 23:25, 14 February 2006 (UTC)
Here it is in simple terms: A farmer made a loan for $100,000. After (a huge) deflation that $100,000 would be worth $75,000. So now it would be harder for the farmer to make money and therefore pay off his debt, and the bank will profit because the $100,000 he will have to pay back is technically worth more than the $100,000 they originally lent. Hopefully that made it understandable. Also, farmers usually wanted the dollar to be backed by silver instead of gold because this would cause inflation and create the opposite affect. --Daniel 1/11/12 — Preceding unsigned comment added by 99.106.167.196 (talk) 03:45, 12 January 2012 (UTC)
Also, I found this sentence puzzling: "is considered one of the great political addresses in American history." It seems like it should either be "is considered one of the greatest political addresses in American history." or "is considered one of the great political addresses of American history." Maybe I am wrong though. — Preceding unsigned comment added by 99.106.167.196 (talk) 03:48, 12 January 2012 (UTC)
Loan defaults result in foreclosure and the bank gets the property. They've exchanged their virtual money (at the time, unbacked IOU's on gold, see fractional reserve banking) for real assets. Money, even gold, is only a social convention and a catalyst for economic production. Bryan correctly saw that silver would reduce the money trust's monopoly on currency. The only qualities required of a currency is that it be divisible, non-counterfeitable and widely accepted as a token of value. This is why the continental was so spectacularly successful until the british started counterfeiting it. Speaking of which, the section on "monetary standards and the united states" completely ignores the colonies' experiments with paper money. See https://en.wikipedia.org/wiki/Early_American_currency#Continental_currency — Preceding unsigned comment added by Rwinkel (talk • contribs) 15:42, 23 June 2013 (UTC)
Election of 1896
In my textbook (The American Pageant, 12th Edition), it says that the Cross of Gold Speech allowed Bryan to recieve the Democratic Nomination. Should I add it? Nonamer98 (talk) 23:16, 11 February 2009 (UTC)
Article improvement
As part of my McKinley project, of which this is the third in possibly five or six, ending with himself, I'll be improving this article over the next few weeks, with an eye to FA one of these days. All help welcome.--Wehwalt (talk) 21:52, 3 December 2011 (UTC)
- 5000+ hits (above my 3000 threshold). :) TCO (talk) 02:58, 5 December 2011 (UTC)
William D. Russell
There seems to be a bit of a problem in the 1896 convention "Silver advocates take control" section with the identity of the speaker proceding Bryan. The article calls him William D. Russell, notes his death in the following weeks and says he was governor of Mass. The link formerly pointed to a modern film director. In attempting to disambiguate the link I've pointed it at William E Russell. A former governor of Mass. (seemingly the only Russel to hold that post) and who died in 1896. I'm loath, however, to alter the article text as it's very far from my areas of expertise. Can someone more familiar with the topic please set this right.--IanOfNorwich (talk) 10:52, 9 July 2012 (UTC)
- Actually the picture of him clearly shows the same chap (at the right age) as the William E Russell article. That article is clearly right to have him as E eg [1]. I'll change the Ds to Es.--IanOfNorwich (talk) 10:59, 9 July 2012 (UTC)
- Yes, no doubt it should be E. Very sorry.--Wehwalt (talk) 15:54, 9 July 2012 (UTC)
- Wikipedia featured articles
- Featured articles that have appeared on the main page
- Featured articles that have appeared on the main page once
- Old requests for peer review
- Wikipedia Did you know articles that are featured articles
- FA-Class Chicago articles
- Low-importance Chicago articles
- WikiProject Chicago articles
- FA-Class Economics articles
- High-importance Economics articles
- WikiProject Economics articles
- FA-Class history articles
- Low-importance history articles
- WikiProject History articles
- FA-Class politics articles
- High-importance politics articles
- WikiProject Politics articles
- FA-Class United States articles
- High-importance United States articles
- FA-Class United States articles of High-importance
- WikiProject United States articles