26
& 27. The
White House Cuckoo Clock - Repeal & Responded
Source:
Rocky Mountain News (Denver, CO), October 20, 1893
In
the late 19th century, Great Britain set the terms of international trade, and
demanded gold for U.S. Treasury Notes. Repeal
of the Sherman Silver Purchase Act, thus, appeared to be primarily in the
interest of British financiers. For
most of the twentieth century, the United States has set the terms of
international trade. A good subject
for class discussion would be a comparison between the British-American trade
relations of a century ago and US-Third World trade relations today.
This could give students a better understanding of the animosities some
have toward the World Trade Organization today.
For
More on President Grover Cleveland, see:
Welch, Jr., Richard E. The Presidencies of Grover
Cleveland. Lawrence: UP of Kansas, 1988.