William Hope Harvey
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William Hope Harvey
William Hope "Coin" Harvey (August 16, 1851 – February 11, 1936) was an American lawyer, author, politician, and health resort owner best remembered as a prominent public intellectual advancing the idea of monetary bimetallism. His enthusiasm for the use of silver as legal tender was later incorporated into the platforms of both the People's Party and the Democratic Party in the early 1890s. Harvey was also the founder of the short-lived Liberty Party and that party's nominee for President of the United States in 1932. Biography Early years William Hope Harvey was born on August 16, 1851 on a farm near the small town of Buffalo, Virginia (later West Virginia).Gaye, Bland"'Coin' Harvey (1851–1936), aka: William Hope Harvey,"''Encyclopedia of Arkansas History and Culture,'' 2012. He was the fifth of six children born to Robert and Anna Harvey. His father, Robert Trigg Harvey, was a Virginian of Scottish and English ancestry, and his mother, who had Virginian ancestors ...
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Buffalo, West Virginia
Buffalo is a town in Putnam County, West Virginia, located along the Kanawha River. The population was 1,211 at the time of the 2020 census. Buffalo is a part of the Huntington–Ashland metropolitan area. History Along with numerous sites in the Kanawha River Valley, Buffalo was originally settled by waves of ancient cultures of prehistoric indigenous peoples. Clovis points indicate the presence of inhabitants more than 10,000 years ago. One of the last cultures, that of the Fort Ancient people, had a few villages such as Buffalo and Marmet that survived into the time of European exploration. Historic tribes such as the Huron, from the Great Lakes region, and the Conoy (also spelled ''Conois'' and ''Kanawha'') were driven out of the central valley by Iroquois' invading from their base in present-day Western New York. Many of the Conoy by the early-17th century had resettled on the west side of the Chesapeake Bay and below the Potomac River. After decades of encroachment by En ...
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Colorado
Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. Colorado is the eighth most extensive and 21st most populous U.S. state. The 2020 United States census enumerated the population of Colorado at 5,773,714, an increase of 14.80% since the 2010 United States census. The region has been inhabited by Native Americans and their ancestors for at least 13,500 years and possibly much longer. The eastern edge of the Rocky Mountains was a major migration route for early peoples who spread throughout the Americas. "''Colorado''" is the Spanish adjective meaning "ruddy", the color of the Fountain Formation outcroppings found up and down the Front Range of the Rocky Mountains. The Territory of Colorado was organized on February 28, 1861, and on August 1, 1876, U.S. President Ulyss ...
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William Hope Harvey
William Hope "Coin" Harvey (August 16, 1851 – February 11, 1936) was an American lawyer, author, politician, and health resort owner best remembered as a prominent public intellectual advancing the idea of monetary bimetallism. His enthusiasm for the use of silver as legal tender was later incorporated into the platforms of both the People's Party and the Democratic Party in the early 1890s. Harvey was also the founder of the short-lived Liberty Party and that party's nominee for President of the United States in 1932. Biography Early years William Hope Harvey was born on August 16, 1851 on a farm near the small town of Buffalo, Virginia (later West Virginia).Gaye, Bland"'Coin' Harvey (1851–1936), aka: William Hope Harvey,"''Encyclopedia of Arkansas History and Culture,'' 2012. He was the fifth of six children born to Robert and Anna Harvey. His father, Robert Trigg Harvey, was a Virginian of Scottish and English ancestry, and his mother, who had Virginian ancestors ...
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1896 United States Presidential Election
The 1896 United States presidential election was the 28th quadrennial presidential election, held on Tuesday, November 3, 1896. Former Governor William McKinley, the Republican candidate, defeated former Representative William Jennings Bryan, the Democratic candidate. The 1896 campaign, which took place during an economic depression known as the Panic of 1893, was a political realignment that ended the old Third Party System and began the Fourth Party System. Incumbent Democratic President Grover Cleveland did not seek election to a second consecutive term (which would have been his third overall), leaving the Democratic nomination open. Bryan, an attorney and former Congressman, galvanized support with his Cross of Gold speech, which called for a reform of the monetary system and attacked business leaders as the cause of ongoing economic depression. The 1896 Democratic National Convention repudiated the Cleveland administration and nominated Bryan on the fifth presidential ball ...
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William Jennings Bryan
William Jennings Bryan (March 19, 1860 – July 26, 1925) was an American lawyer, orator and politician. Beginning in 1896, he emerged as a dominant force in the History of the Democratic Party (United States), Democratic Party, running three times as the party's nominee for President of the United States in the 1896 United States presidential election, 1896, 1900 United States presidential election, 1900, and the 1908 United States presidential election, 1908 elections. He served in the United States House of Representatives, House of Representatives from 1891 to 1895 and as the United States Secretary of State, Secretary of State under Woodrow Wilson. Because of his faith in the wisdom of the common people, Bryan was often called "The Great Commoner", and because of his rhetorical power and early notoriety, "The Boy Orator". Born and raised in Illinois, Bryan moved to Nebraska in the 1880s. He won election to the House of Representatives in the 1890 United States House ...
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Direct Legislation
Direct democracy or pure democracy is a form of democracy in which the electorate decides on policy initiatives without elected representatives as proxies. This differs from the majority of currently established democracies, which are representative democracies. The theory and practice of direct democracy and participation as its common characteristic was the core of work of many theorists, philosophers, politicians, and social critics, among whom the most important are Jean Jacques Rousseau, John Stuart Mill, and G.D.H. Cole. Overview In direct democracy, the people decide on policies without any intermediary or representative, whereas in a representative democracy people vote for representatives who then enact policy initiatives. Depending on the particular system in use, direct democracy might entail passing executive decisions, the use of sortition, making laws, directly electing or dismissing officials, and conducting trials. Two leading forms of direct democracy are part ...
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Patriots Of America
A patriot is a person with the quality of patriotism. Patriot may also refer to: Political and military groups United States * Patriot (American Revolution), those who supported the cause of independence in the American Revolution * Patriot movement, a small-government or anti-government conservative movement in the United States * Christian Patriot movement, a far-right conservative movement in the United States Elsewhere * Patriot Party (other), various parties * Patriots (Dutch Republic), a Dutch group that was opposed to the prinsgezindheid in the United Provinces in the 18th century * Patriots (Ethiopia) or ''Airbegnoch'', Ethiopian resistance, 1939–1941 * Patriote movement, those who supported independence for what is now Québec, Canada, during the Lower Canada Rebellion * Hunter Patriots, in the Canadian Rebellions of 1836–1841 * Patriotic Union of Kurdistan, a political party in Kurdistan Arts and media Film and television * ''Patriot'' (TV series), a ...
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Coin's Financial School
''Coin's Financial School'' was an 1894 pamphlet written by lawyer, politician and resort founder William Hope Harvey (1851–1936). It advocated a return to bimetallism, where the value of a monetary unit is defined as a certain amount of two different kinds of metals, often gold and silver. In the book, Harvey charged that the demonetization of silver caused by the Coinage Act of 1873 led to the Panic of 1893 by halving the supply of available redemption money in the economy. This lowered the prices of goods throughout the country and hurt farmers and small business owners, according to Harvey. Harvey argued that by returning silver to the same monetary status as gold, the American economy would benefit from stabilized prices, resulting in higher revenue, and ease of repayment of debts. The pamphlet sold about 1 million copies, which helped popularize the free silver movement with the public. Harvey would go on to aid Democratic candidate William Jennings Bryan’s presidentia ...
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Free Silver
Free silver was a major economic policy issue in the United States in the late 19th-century. Its advocates were in favor of an expansionary monetary policy featuring the unlimited coinage of silver into money on-demand, as opposed to strict adherence to the more carefully fixed money supply implicit in the gold standard. Free silver became increasingly associated with populism, unions, and the fight of ordinary Americans against the bankers and monopolists, and the robber baron (industrialist), robber barons of the Gilded Age capitalism era and was referred to as the "People's Money". Supporters of an important place for silver in a bimetallism, bimetallic money system making use of both silver and gold, called "Silverites", sought coinage of silver dollars at a fixed weight ratio of 16-to-1 against dollar coins made of gold. Because the actual price ratio of the two metals was substantially higher in favor of gold at the time, most economists warned that the less valuable silver ...
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Panic Of 1893
The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy, and produced political upheaval that led to the political realignment of 1896 and the presidency of William McKinley. Causes The Panic of 1893 has been traced to many causes, one of those points to Argentina; investment was encouraged by the Argentine agent bank, Baring Brothers. However, the 1890 wheat crop failure and a failed coup in Buenos Aires ended further investments. In addition, speculations in South African and Australian properties also collapsed. Because European investors were concerned that these problems might spread, they started a run on gold in the U.S. Treasury. Specie was considered more valuable than paper money; when people were uncertain about the future, they hoarded specie and rejected paper notes.Nelson, Scott Reynolds. 2012. A Nation of Deadbeats. New York: Alfred Knopf, p. 189. During the Gi ...
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Depression Of 1882–85
Depression may refer to: Mental health * Depression (mood), a state of low mood and aversion to activity * Mood disorders characterized by depression are commonly referred to as simply ''depression'', including: ** Dysthymia, also known as persistent depressive disorder ** Major depressive disorder, also known as clinical depression Economics * Economic depression, a sustained, long-term downturn in economic activity in one or more economies ** Great Depression, a severe economic depression during the 1930s, commonly referred to as simply ''the Depression'' ** Long Depression, an economic depression during 1873–96, known at the time as the ''Great Depression'' Biology * Depression (kinesiology), an anatomical term of motion, refers to downward movement, the opposite of elevation * Depression (physiology), a reduction in a biological variable or the function of an organ * Central nervous system depression, physiological depression of the central nervous system that can result ...
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Long Depression
The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1896, depending on the metrics used. It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War. The episode was labeled the "Great Depression" at the time, and it held that designation until the Great Depression of the 1930s. Though a period of general deflation and a general contraction, it did not have the severe economic retrogression of the Great Depression. It was most notable in Western Europe and North America, at least in part because reliable data from the period is most readily available in those parts of the world. The United Kingdom is often considered to have been the hardest hit; during this period it lost some of its large industrial lead over the economies of continental Europe. While it was occurring, th ...
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