CCRA U.S. History Grade 11 Practice Questions - Oklahoma College- And Career-Readiness Assessment U.S. History Content, Grade 11 Exam

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Read the excerpt from William Jennings Bryan's famous 'Cross of Gold' speech at the 1896 Democratic National Convention: 'Having behind us the producing masses of this nation and the world... 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.' Which monetary policy was Bryan championing in this address?

Free coinage of silver (bimetallism) to expand the money supply and relieve agrarian debt Strict adherence to an exclusive gold standard to maintain high currency purchasing power Complete abolition of paper currency in favor of a barter-based agrarian economy Creation of an unregulated private central banking network owned by Wall Street financiers

Correct Answer:

Free coinage of silver (bimetallism) to expand the money supply and relieve agrarian debt

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