Gold Democrat
   HOME

TheInfoList



OR:

The National Democratic Party, also known as Gold Democrats, was a short-lived
political party A political party is an organization that coordinates candidates to compete in a particular area's elections. It is common for the members of a party to hold similar ideas about politics, and parties may promote specific political ideology, ...
of Bourbon Democrats who opposed the regular party nominee
William Jennings Bryan William Jennings Bryan (March 19, 1860 – July 26, 1925) was an American lawyer, orator, and politician. He was a dominant force in the History of the Democratic Party (United States), Democratic Party, running three times as the party' ...
in the 1896 presidential election. The party was then a "liberal" party in the context of the times, which is more of a fiscal-conservative or classical-liberal in the political context of the United States today. Most members were admirers of
Grover Cleveland Stephen Grover Cleveland (March 18, 1837June 24, 1908) was the 22nd and 24th president of the United States, serving from 1885 to 1889 and from 1893 to 1897. He was the first U.S. president to serve nonconsecutive terms and the first Hist ...
as they considered Bryan a dangerous man and charged that his " free silver" proposals would devastate the economy. They nominated the Democratic politicians John M. Palmer, a former Republican
governor of Illinois The governor of Illinois is the head of government of Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its we ...
and Union general; and
Simon Bolivar Buckner Simon Bolivar Buckner ( ; April 1, 1823 – January 8, 1914) was an American soldier, Confederate military officer, and politician. He fought in the United States Army in the Mexican–American War. He later fought in the Confederate State ...
, a former
governor of Kentucky The governor of the Commonwealth of Kentucky is the head of government of the Commonwealth (U.S. state), Commonwealth of Kentucky. Sixty-two men and one woman have served as governor of Kentucky. The governor's term is four years in length; sinc ...
and Confederate general, for president and vice president, respectively.David T. Beito, and Linda Royster Beito, 2000. They also ran a few candidates for
Congress A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...
and other offices, including William Campbell Preston Breckinridge in Kentucky and Edward S. Bragg in Wisconsin.


Overview

The new party's founders were disenchanted Democrats who saw its organization as a means to preserve the ideals of
Thomas Jefferson Thomas Jefferson (, 1743July 4, 1826) was an American Founding Fathers of the United States, Founding Father and the third president of the United States from 1801 to 1809. He was the primary author of the United States Declaration of Indepe ...
,
Andrew Jackson Andrew Jackson (March 15, 1767 – June 8, 1845) was the seventh president of the United States from 1829 to 1837. Before Presidency of Andrew Jackson, his presidency, he rose to fame as a general in the U.S. Army and served in both houses ...
, and
Grover Cleveland Stephen Grover Cleveland (March 18, 1837June 24, 1908) was the 22nd and 24th president of the United States, serving from 1885 to 1889 and from 1893 to 1897. He was the first U.S. president to serve nonconsecutive terms and the first Hist ...
. In its first official statement, the executive committee of the party accused the Democratic Party of forsaking this tradition by nominating Bryan. For more than a century, it declared, the Democrats had believed "in the ability of every individual, unassisted, if unfettered by law, to achieve his own happiness" and had upheld his "right and opportunity peaceably to pursue whatever course of conduct he would, provided such conduct deprived no other individual of the equal enjoyment of the same right and opportunity". They stood "for
freedom of speech Freedom of speech is a principle that supports the freedom of an individual or a community to articulate their opinions and ideas without fear of retaliation, censorship, or legal sanction. The rights, right to freedom of expression has been r ...
, freedom of conscience, freedom of trade, and freedom of contract, all of which are implied by the century-old battle-cry of the Democratic party, 'Individual Liberty.'" The party criticized both the inflationist policies of the Democrats and the
protectionism Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations ...
of the Republicans. Almost a "who's who" of classical liberals gave the party their support. They included President Cleveland; E. L. Godkin, the editor and publisher of ''
The Nation ''The Nation'' is a progressive American monthly magazine that covers political and cultural news, opinion, and analysis. It was founded on July 6, 1865, as a successor to William Lloyd Garrison's '' The Liberator'', an abolitionist newspaper ...
''; Edward Atkinson, a Boston fire insurance executive, textile manufacturer and publicist for
free market In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of ...
causes; Spencer Trask, a New York financier and philanthropist; Horace White, the editor of the ''
Chicago Tribune The ''Chicago Tribune'' is an American daily newspaper based in Chicago, Illinois, United States. Founded in 1847, it was formerly self-styled as the "World's Greatest Newspaper", a slogan from which its once integrated WGN (AM), WGN radio and ...
'' and later the '' New York Evening Post''; and Charles Francis Adams Jr., a leading political reformer and the grandson of President
John Quincy Adams John Quincy Adams (; July 11, 1767 – February 23, 1848) was the sixth president of the United States, serving from 1825 to 1829. He previously served as the eighth United States secretary of state from 1817 to 1825. During his long diploma ...
. Two other supporters of Palmer and Buckner became better known in the decades after 1896: Moorfield Storey, the first president of the
National Association for the Advancement of Colored People The National Association for the Advancement of Colored People (NAACP) is an American civil rights organization formed in 1909 as an interracial endeavor to advance justice for African Americans by a group including W. E. B. Du&nbs ...
, and the journalist
Oswald Garrison Villard Oswald Garrison Villard (March 13, 1872 – October 1, 1949) was an American journalist and editor of the ''New York Evening Post.'' He was a civil rights activist, and along with his mother, Fanny Villard, a founding member of the NAACP. In ...
, an
anti-imperialist Anti-imperialism in political science and international relations is opposition to imperialism or neocolonialism. Anti-imperialist sentiment typically manifests as a political principle in independence struggles against intervention or influenc ...
and civil libertarian. However, the two supporters of Palmer and Buckner who enjoyed the greatest fame in subsequent years were those bulwarks of
progressivism Progressivism is a Left-right political spectrum, left-leaning political philosophy and Reformism, reform political movement, movement that seeks to advance the human condition through social reform. Adherents hold that progressivism has unive ...
,
Louis Brandeis Louis Dembitz Brandeis ( ; November 13, 1856 – October 5, 1941) was an American lawyer who served as an Associate Justice of the Supreme Court of the United States, associate justice on the Supreme Court of the United States from 1916 to ...
and
Woodrow Wilson Thomas Woodrow Wilson (December 28, 1856February 3, 1924) was the 28th president of the United States, serving from 1913 to 1921. He was the only History of the Democratic Party (United States), Democrat to serve as president during the Prog ...
. Most backers of the party's ideals ended up voting for Republican candidate
William McKinley William McKinley (January 29, 1843September 14, 1901) was the 25th president of the United States, serving from 1897 until Assassination of William McKinley, his assassination in 1901. A member of the Republican Party (United States), Repub ...
in the election, but the party won 137,000 votes, about 1.0% of the national total. After the election of McKinley, some Gold Democratic partisans tried to portray the election as a stunning victory for their party and confidently predicted that the defeat of the despised Bryan would open the door for Gold Democrats' recapture of the Democratic Party. In a post-election editorial, Henry Watterson claimed, "Palmer and Buckner have saved the country from shame and have saved the party from destruction." Although the Gold Democrats captured the 1904 nomination with Alton Parker, Bryan and his supporters would win the long-term control of the Democratic Party. Bryan would again be nominated by the Democrats in
1900 As of March 1 ( O.S. February 17), when the Julian calendar acknowledged a leap day and the Gregorian calendar did not, the Julian calendar fell one day further behind, bringing the difference to 13 days until February 28 ( O.S. February 15 ...
and 1908, and modern liberals such as
Woodrow Wilson Thomas Woodrow Wilson (December 28, 1856February 3, 1924) was the 28th president of the United States, serving from 1913 to 1921. He was the only History of the Democratic Party (United States), Democrat to serve as president during the Prog ...
and
Franklin D. Roosevelt Franklin Delano Roosevelt (January 30, 1882April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served ...
would enact many populist proposals into law. After disappointing results in the 1898 elections, the executive committee voted to disband the party in 1900. Most of its members eventually returned to the regular Democratic Party in 1900 because they opposed McKinley's imperialistic foreign policy.


Platform

The platform was adopted at the Convention of the National Democratic Party at Indianapolis, Indiana on September 3, 1896:
This convention was assembled to uphold the principles upon which depends the honor and welfare of the American people in order that Democrats throughout the Union may unite their patriotic efforts to avert disaster from their country and ruin from their party. The Democratic party is pledged to equal justice and exact justice in all men of every creed and condition; to the largest freedom of individual consistent with good government; to the preservation of the Federal Government in its constitutional vigor and support of the maintenance of the public faith and sound money; and it is opposed to paternalism and all class legislation. The declarations of the Chicago Convention attack individual freedom, the right of private contract, the independence of the judiciary, and the authority of the President to enforce Federal laws. They advocate a reckless attempt to increase the price of silver by legislation to the debasement of our monetary standard, and threaten unlimited issues of paper money by Government. They abandon for Republican allies the Democratic cause of tariff reform to court the favor of protectionists to the fiscal heresy. In view of these and other grave departures from Democratic principles, we cannot support the candidates of that convention, nor be bound by its acts. The Democratic party has survived a victory won in behalf of the doctrine and the policy proclaimed in its name at Chicago. The conditions, however, which make possible such utterances from a national convention are a result of class legislation by the Republican party. It still proclaims, as it has for many years, the power and duty of the Government to raise and maintain prices by law; and it proposes no remedy for existing evils except oppressive and unjust taxation.


See also

*
Silver Republican Party The Silver Republican Party, later known as the Lincoln Republican Party, was a United States political party from 1896 to 1901. It was so named because it split from the Republican Party by supporting free silver (effectively, expansionary monet ...


References


Further reading

* Beito, David T. and Linda Royster Beito
"Gold Democrats and the Decline of Classical Liberalism, 1896-1900"
Independent Review 4 (Spring 2000). 555–575. * Harpine, William D. "Bryan's “a cross of gold:” The rhetoric of polarization at the 1896 democratic convention." ''Quarterly Journal of Speech'' 87.3 (2001): 291-304
online
* Jones, Stanley L. ''The Presidential Election of 1896''. University of Wisconsin Press. 1964. * Ritter, Gretchen. ''Goldbugs and greenbacks: The antimonopoly tradition and the politics of finance in America, 1865-1896'' (Cambridge University Press, 1999).
''Campaign Text-book of the National Democratic Party'' (1896) by Democratic Party (U.S.) National committee
This is the Gold Democrats handbook and it strongly opposed Bryan. {{United States political parties 1896 establishments in the United States 1900 disestablishments in the United States Defunct liberal parties in the United States Political parties disestablished in 1900 Political parties established in 1896 Anti-imperialist organizations Centre-right parties Classical liberal parties in the United States Economic liberalism Factions in the Democratic Party (United States) Gold standard Liberalism in the United States National liberal parties Progressive Era in the United States Defunct political parties in the United States