Author Question: President Cleveland's hostility to silver and silver-backed currency was driven primarily by his ... (Read 108 times)

Chelseaamend · **on:** Jul 4, 2018

President Cleveland's hostility to silver and silver-backed currency was driven primarily by his fear that

a. the growing drain of gold from the U.S. Treasury would force the United States off the gold standard.
b. the unlimited supplies of silver within the United States would cause an extended depression.
c. supporting free silver would be politically beneficial to Democrats such as William Jennings Bryan.
d. soon gold and silver would both be replaced by strictly paper currency.
e. the U.S. Treasury did not have sufficient capacity to store silver bullion at Fort Knox.

Question 2

The federalists believe that the sovereignty of the people resided in which branch of the central government?

a. Executive
b. Legislative
c. Judicial
d. None of these choices are correct.
e. All of these choices are correct.