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2020-09-16 00:12:17
Theodore Roosevelt
New York’s Most Powerful Business and Political Men in the Glittering Age of McKinley
05/11/1896. Theodore Roosevelt These include: Theodore Roosevelt and his nemesis boss Tom Platt; leading industrialists, like John Jacob Astor (who went down on the Titanic), Chauncey Depew, and William E. Dodge; the most important Jewish financiers and politicos of the day, like Jacob Schiff, Edwin Einstein, Edward Lauterbach and Isaac Seligman; Augustus D. Juilliard, founder of the Juilliard School; and dozens more.The presidential campaign of 1896 is one of the most significant elections in United States history. In 1896, the country faced big questions in both the domestic- and foreign-policy arenas. Domestically, the country suffered from a severely depressed economy begun by the Panic of 1893. When creditors called in the loans of a company that was very actively traded on the stock exchange, the company failed. This set off a selling frenzy. The subsequent failure of many businesses and banks accelerated the rapid decline of the economy. Low public confidence in the Cleveland administration was also an issue, and the value of the gold-based U.S. currency dropped. Some elements of the population, particularly farmers and populists, clamored for the government to put more money in circulation, backed by silver rather than gold. The business community feared that rapid inflation would result from moving away from a gold standard. The Democrats nominated William Jennings Bryan, the foremost spokesperson for a silver-backed currency. The Republicans nominated William McKinley, a sound money supporter who would back the business community. Wall Street and large business i … [Click Below for Full Description]
Bookseller: The Raab Collection [United States]
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