President Cleveland's Hostility to Silver and Silver-Backed Currency Was Driven

question 92

Multiple Choice

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.

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