Another alternative which was tried in the twentieth Century was bimetallism, also called the " double standard ", under which both gold and silver were legal tender.
42.
As a staunch supporter of bimetallism, along with being a prominent figure, he joined the other leading Silver Republicans and became leader of the Silver Republican Party.
43.
He remained, to the end of his days, a believer in bimetallism : the use of both silver and gold to back up the United States currency.
44.
Increasingly political, Carter became involved in many issues writing frequently to the press on defence, port facilities and bimetallism and was an energetic and effective lobbyist.
45.
Before the Republican convention, McKinley had been a " straddle bug " on the currency question, favoring moderate positions on silver such as accomplishing bimetallism by international agreement.
46.
Both men had electoral problems : Bland at age 61 was seen by some as a man whose time had passed; Boies was a former Republican who had once decried bimetallism.
47.
Advocates of silver both sought a market for the commodity and believed that " free silver " or bimetallism would boost the economy and make it easy for farmers to repay debts.
48.
The newly elected Grover Cleveland administration was composed primary of gold standard advocates and the document's support for bimetallism led to Smith's bill dying in a Senate committee.
49.
Although Hearst's newspaper was the only major publication in the East to support William Jennings Bryan and Bimetallism in 1896, he found that his support for Bryan was not reciprocated.
50.
The delegates at the 1896 Democratic National Convention quickly turned against the policies of Grover Cleveland and those advocated by the Bourbon Democrats, favoring bimetallism as a way out of the depression.
