In England's Cross of Gold, James Ashley Morrison challenges the conventional view that the UK's ruinous return to gold in 1925 was inevitable. Instead, he offers a new perspective on the struggles among elites in London to define and redefine the gold standard—from the first discussions during the Great War; through the titanic ideological clash between Winston Churchill and John Maynard Keynes; to the final, ill-fated implementation of the "new gold standard." Following World War I, Churchill promised to restore the ancient English gold standard—and thus Britain's greatness. Keynes portended that this would prove to be one of the most momentous—and ill-advised—decisions in financial history. From the vicious peace settlement at Versailles to the Great Depression, the gold standard was central to the worst disasters of the time. Economically, Churchill's move exacerbated the difficulties of repairing economies shattered by war. Politically, it set countries at odds as each endeavored to amass gold, sowing the seeds of further strife. England's Cross of Gold, grounded in masterful archival research, reveals that these events turned crucially on the beliefs of a handful of pivotal policymakers. It recasts the legends of Churchill, Keynes, and their collision, and it shows that the gold standard itself was a metaphysical abstraction rooted more in mythology than material reality.

Why the election of 1896 still matters.

ONE OF THE BEST BOOKS OF THE YEAR: THE WASHINGTON POST, CHICAGO TRIBUNE, LOS ANGELES TIMES, ST. LOUIS POST-DISPATCH. Politician, evangelist, and reformer William Jennings Bryan was the most popular public speaker of his time. In this acclaimed biography—the first major reconsideration of Bryan’s life in forty years–award-winning historian Michael Kazin illuminates his astonishing career and the richly diverse and volatile landscape of religion and politics in which he rose to fame. Kazin vividly re-creates Bryan’s tremendous appeal, showing how he won a passionate following among both rural and urban Americans, who saw in him not only the practical vision of a reform politician but also the righteousness of a pastor. Bryan did more than anyone to transform the Democratic Party from a bulwark of laissez-faire to the citadel of liberalism we identify with Franklin D. Roosevelt. In 1896, 1900, and 1908, Bryan was nominated for president, and though he fell short each time, his legacy–a subject of great debate after his death–remains monumental. This nuanced and brilliantly crafted portrait restores Bryan to an esteemed place in American history.

The last presidential campaign of the nineteenth century was remarkable in a number of ways. -It marked the beginning of the use of the news media in a modern manner. -It saw the Democratic Party shift toward the more liberal position it occupies today. -It established much of what we now consider the Republican coalition: Northeastern, conservative, pro-business. It was also notable for the rhetorical differences of its two candidates. In what is often thought of as a single-issue campaign, William Jennings Bryan delivered his famous "Cross of Gold" speech but lost the election. Meanwhile, William McKinley addressed a range of topics in more than three hundred speeches--without ever leaving his front porch. The campaign of 1896 gave the public one of the most dramatic and interesting battles of political oratory in American history, even though, ironically, its issues faded quickly into insignificance after the election. In From the Front Porch to the Front Page, author William D. Harpine traces the campaign month-by-month to show the development of Bryan's rhetoric and the stability of McKinley's. He contrasts the divisive oratory Bryan employed to whip up fervor (perhaps explaining the 80 percent turnout in the election) with the lower-keyed unifying strategy McKinley adopted and with McKinley's astute privileging of rhetorical siting over actual rhetoric. Beyond adding depth and detail to the scholarly understanding of the 1896 presidential campaign itself (and especially the "Cross of Gold" speech), this book casts light on the importance of historical perspective in understanding rhetorical efforts in politics.