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He failed to end the depression in the US. However, because of the Harrison administration of the Sherman Silver Purchase Act of 1890, 4.2 million ounces of silver was purchased every month which dropped the supply of the gold and the inability to restock the gold. Cleveland had attempted to solve the issue by attempting to annul the Silver act and return to the original gold standard.
Cleveland was believed to have been siding with J.P. Morgan, a gold bond seller, and against the people's interests. However, if he did not buy from J.P. Morgan, the gold standard would've decreased as well as the amount of the dollar.
Hope this helps.
Wiki User
∙ 12y ago
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∙ 10y agoOne failure is that he succumbed to the imperialist fever propogated by believers in the later version of manifest destiny, like Teddy Roosevelt, and thus declared war on Spain based on inconclusive evidence (such as the Maine incident).
Wiki User
∙ 12y agoWiki User
∙ 12y agoi need help i have history compare and contrast paper on William McKinley what issues did William McKinley have
THANKS FOR YOUR HELP
Quintero Santiago
i have no idea i need it to
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∙ 14y agohe died
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