Financial History Issue 115 (Fall 2015) | Page 25

Library of Congress 1896 Democratic party nominees William Jennings Bryan for president and Arthur Sewall for vice president. voice failed.) To compete with the din of a huge audience, speakers had to resort to orator’s tricks of the day, such as spreading and raising their arms to expand their lungs and diaphragms to crank up the volume of their voices and moving around the stage to reach different parts of the audience. Even so, beyond the front rows, it could be difficult for some of the audience to make out the finer points of a speaker’s address. But Bryan, with his powerful voice, was the master of all the acoustical obstacles of the great coliseum. In 1896, Grover Cleveland was completing his second presidential term. Though he was not a candidate, he did what he could to support his Bourbon-goldbug faction at the convention. So he dispatched the former navy secretary, William Whitney, with a private, three-car train loaded with gourmet food and wine to lift their spirits. But the gesture mainly illustrated the pecuniary disparity between silverites and Bourbons. (In contrast, with an affinity for frugality, Bryan was to muse after the convention, when checking out of his hotel, that he had only incurred $100 in expenses to win the Democratic nomination.) So bitter was the infighting on every vote in the convention — almost all of which the Bourbons lost — that a goldbug Democrat commented that he was reminded of “the French Revolution.” On the third day of the convention, when the Bourbons insisted on debating the primary issues of the platform on the floor, each side selected speakers to present its views. The silverites, holding sway, took the first and last speaker positions, and three gold bugs filled the remaining slots. Viewing the last position as the strongest, Bryan persuaded co-silverite Ben Tillman of South Carolina to take the longer, opening debate position. As it turned out, after a disastrous speech from the former secessionist, Tillman, and an overall two hours of rambling, half-heard speeches, the disappointed audience, which had expected more, became restless. Some began to call out for Bryan. His moment had arrived. William Jennings Bryan, only 36 years old, quickly navigated the stairs leading up to the 20-foot-high rostrum of the Coliseum. After words of deference to the speakers before him, he began, “I come to speak to you in defense of a cause as holy as the cause of liberty — the cause of humanity.” Bryan and his followers earnestly believed that this was a fight for the fate of democracy itself. After about 20 minutes of countering the goldbug positions, Bryan drew to his conclusion. Raising his hands to his head, he put his fingers out along his forehead and said, of the goldbugs, “we will answer their demand for a gold standard by saying to them: You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold.” Stepping back, away from the podium, Bryan extended his arms straight out from the sides of his body and held them there for a long moment in a pose that in a flash evoked the crucifixion. The crowd was stunned into silence, and the speaker left the rostrum and walked toward the Nebraska delegation. Then the Coliseum crowd detonated into a raucous celebration about twice as long as the speech itself. Both men and women stood on their chairs and threw their hats in the air, oblivious to where they came down. Two elderly southern delegates embraced one another and wept profusely. A band struck up “For He’s a Jolly Good Fellow,” and the silverites hoisted Bryan on their shoulders and marched around the Coliseum to the music. Such processions were copied at presidential conventions for years to come. Contrary to popular belief, Bryan’s speech was not impromptu. He had planned it, practiced it and refined it for months, down to the memorable gestures, long before the convention. He had even used the analogies about the crown of thorns and cross of gold in earlier speeches. But the communications of those days being what they were, these figures of speech would not have been familiar to his audience. In the fourth round of delegate