Answer :
In William Jennings Bryan's "Cross of Gold" speech, the group of people who agreed with its focus were farm owners with debt. Here's why:
1. Bryan's speech was delivered during the 1896 presidential campaign and aimed to support the coinage of silver in addition to gold. This move was seen as a way to increase the money supply and help debt-ridden farmers who were struggling with deflation and high interest rates.
2. Farm owners with debt were facing economic hardships due to falling crop prices and were in favor of Bryan's proposal to shift from the gold standard to include silver, as it was believed that it would lead to inflation and potentially ease their debt burden.
3. By advocating for bimetallism (using both gold and silver as a monetary standard), Bryan garnered support from farmers, particularly in the agrarian regions of the United States, who saw this as a way to improve their financial situation and promote economic equality.
Therefore, farm owners with debt were the group of people who agreed with the focus of William Jennings Bryan's "Cross of Gold" speech due to the potential benefits they saw in his proposal for monetary policy reform.
1. Bryan's speech was delivered during the 1896 presidential campaign and aimed to support the coinage of silver in addition to gold. This move was seen as a way to increase the money supply and help debt-ridden farmers who were struggling with deflation and high interest rates.
2. Farm owners with debt were facing economic hardships due to falling crop prices and were in favor of Bryan's proposal to shift from the gold standard to include silver, as it was believed that it would lead to inflation and potentially ease their debt burden.
3. By advocating for bimetallism (using both gold and silver as a monetary standard), Bryan garnered support from farmers, particularly in the agrarian regions of the United States, who saw this as a way to improve their financial situation and promote economic equality.
Therefore, farm owners with debt were the group of people who agreed with the focus of William Jennings Bryan's "Cross of Gold" speech due to the potential benefits they saw in his proposal for monetary policy reform.
