Grover Cleveland Urges Congress to End Greenbacks
Grover Cleveland delivers his annual message urging Congress to retire the greenbacks and outstanding silver notes to restore financial stability. He reviews foreign policy, currency turmoil, and proposes bonds, bank circulation reforms, and a path to rescind paper money while warning against free coinage of silver.
National Alliance Demands For Monetary Reform And Public Ownership
The program calls for a government issued national currency with direct payments to people below 2 percent tax, free coinage of gold and silver at 16 to 1, increased per capita money, graduated income tax, and revenue directed to government needs. It advocates postal savings, public land reclamation, government sale to settlers, government ownership of railroads, telegraph and telephone, and direct election of U S senators by district.
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