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The Cross of Gold speech was delivered by William Jennings Bryan, a former United States Representative from Nebraska, at the Democratic National Convention in Chicago on July 9, 1896. In his address, Bryan supported "free silver" (i.e. bimetallism), which he believed would bring the nation prosperity.
Gold certificates were used as paper currency in the United States from 1882 to 1933. These certificates were freely convertible into gold coins. A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the ...
Stephen Grover Cleveland (March 18, 1837 – June 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 Democrat to win the presidency after the Civil War. He was also the first president to serve non-consecutive terms, losing reelection in 1888 to Republican Benjamin ...
Gresham's law. In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. [1][2] The law was named in 1857 by ...
Royal Standard for Scotland flying above the Palace of Holyroodhouse. In Scotland a separate version of the Royal Standard of the United Kingdom is used, whereby the red Lion Rampant of the Kingdom of Scotland appears in the first and fourth quadrants, displacing the three gold lions passant guardant of England, which occur only in the second quadrant.
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The three most important standards of the ancient Greek monetary system were the Attic standard, based on the Athenian drachma of 4.3 grams (2.8 pennyweights) of silver, the Corinthian standard based on the stater of 8.6 g (5.5 dwt) of silver, that was subdivided into three silver drachmas of 2.9 g (1.9 dwt), and the Aeginetan stater or didrachm of 12.2 g (7.8 dwt), based on a drachma of 6.1 g ...
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