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.
Correct Answer:
Verified
Correct Answer:
Verified
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