jan 1, 1896 - National Democratic Party Founded
Description:
AKA: Gold DemocratsA short-lived political party of Bourbon Democrats who opposed the regular party nominee William Jennings Bryan in the 1896 presidential election.
Most members were admirers of Grover Cleveland as they considered Bryan a dangerous man and charged that his "free silver"* proposals would devastate the economy. The party Dissolved in 1900.
*Free silver was a major economic policy issue in late-19th-century America whose advocates were in favor of an expansionary monetary policy featuring the unlimited coinage of silver into money on-demand, as opposed to strict adherence to the more carefully fixed money supply implicit in the gold standard.
Added to timeline:
Date:
jan 1, 1896
Now
~ 129 years ago