Vol. 4, No. 43
Amidst the Gilded Age, American workers experience a spike in perceived prosperity as average wages rose above those in Europe and immigrants flooded into the United States. Yet, as the name suggests, the Gilded Age provided the outward appearance of growth and success while a run on currency, closing banks, and overextended industry led to a severe economic crisis extending from 1893 to 1897. The appointment of receivers for the Philadelphia and Reading Railroad on the advent of President Grover Cleveland’s inauguration indicated a serious and extended financial situation looming on the horizon.
The issues facing many Americans, circulating around questionable capitalist practices, produced an environment in which political candidates such as William Jennings Bryan could rise to prominence. Born in Salem, Illinois to Silas and Mariah Jennings Bryan, young William became familiar with politics at a young age, his father aligning himself with Jacksonian Democrats and serving several terms as an Illinois Senator.… More