Showing posts with label gold standard. Show all posts
Showing posts with label gold standard. Show all posts

Monday, November 25, 2024

Greenback Party Flourished and Faded But Their Platform Finally Triumphed

 

The Greenback Party logo was rather charming.

On November 24, 1874 a new political party was born at at a convention held in IndianapolisIndiana.  They called themselves the Independent Party. In some states they would first appear on the Ballot as the National Party.  But within months the new party was widely known as the Greenbacks while they grew at an astonishing rate challenging the entrenched Republican and Democratic Parties.

The party was formed out of frustration with both major parties as the powerful Eastern banking interests demanded that the Federal government stop issuing paper money and return to the issuance  of currency to themselves.  Federal paper money, popularly called greenbacks, had first been issued under Secretary of the Treasury Salmon P. Chase to help finance the Civil WarInflation had been the inevitable result.

The banks and conservative hard money politicians in both major parties wanted not only to stop the government printing presses, they wanted to require that bills be redeemed in specie--goldthat would create instant deflation.  But farmers and others who took out loans in inflated dollars would be required to repay the full face value plus interest in much more expensive new currency gold.  This alone would wipe out many farmers and small businesses.  It was also a blow to Western mining interests by demonetizing silver coinage.  Silver coins would continue to circulate but notes--printed currency--would have to be paid in gold.

 The banks got their way with the passage of the Coinage Act of 1873.  Facing ruin, borrowers and their soft money supporters in both parties organized to challenge the banking oligarchs of the Gilded Age.

Within months the new party was established  and running candidates under various names in most states.  Although its greatest strength was in the Midwest and West, it also found support among small farmers in the South and Northeast.  In fact, with Democrats and Republicans fracturing mainly along the lines of the Civil War, it looked for a time like the Greenbacks were the only truly national party.

The Species Payment Restoration Act of 1878 completed what the Coinage Act had begun.  It  limited remaining outstanding greenbacks in circulation to $300 million and the Secretary of the Treasury was directed to "redeem in coin" legal tender notes by January 1, 1879.

                                        A poster for 1876 presidential candidate Peter Cooper of New York.

In 1876 the new party nominated the distinguished but eccentric 85 year old Peter Cooper for President.  Cooper was an industrialist who had built the first practical locomotive in the U.S.  He was also a philanthropist who founded Cooper's Union, a college open to students of all economic classes, and religious, racial, or ethnic backgrounds.  For decades he had been  a leading voice in liberal New York politics.  The party knew it had no chance of winning the Presidency, but the prestige of Cooper led to success in getting on the Ballot in most states and helped elect local office holders.

The Greenbacks crested in the off-presidential year 1878 when he elected 13 members of CongressThomas Ewing, Jr. of Ohio, a pre-war Kansas Free Soil leader and a post-war soft money Democrat, was the leading spokesman for the party in Congress and the most widely known and influential public figure.

In 1880 the party broadened it base and attracted new support from industrial workers  in the Northeast, especially the politically savvy Irish, by adopting a staunchly pro labor platform which advocated a progressive income tax and the eight hour day.  It also made a bid for the support of middle class reformers, previously primarily Republican, by endorsing women's suffrage.  The rise of the Grange Movement mirrored Greenback popularity with its original Farmer base.
 

                 James B, Weaver of Iowa was the Greenback standard bearer in 1880.

The Iowa's James B. Weaver.  He received 305,997 popular votes, 3,3% of the total.  It was the high water mark for the Greenbacks in presidential election.

Despite the continuing popularity of their core demand--the return to a system of government issued currency detached from gold--in some areas the party began a decline.  The middle class reformers never did abandon the Republicans in any significant degree.  Southern Democrats gained as Reconstruction ended and their seized state governments from Black Republicans and fusion or pro-Union Whites leading to the Jim Crow Era.

The press of both Republicans and Democrats fiercely attacked the Greenbacks as a collection of dangerous and nutty extremists.

Meanwhile, the Knight of Labor largely collapsed following the Great Railroad Strike of 1877 and the rising craft union movement was both conservative and actually hostile to mass industrial workers greatly weakening their political power and influence.  The Irish returned to being Democratic loyalists in most big cities.

Back in Indianapolis the 1884 party convention nominated Benjamin F. Butler for President.  Butler also received the nomination of the even smaller Anti-Monopoly Party.  As sitting Governor of Massachusetts, Butler was a polarizing figure in American politics.  A pre-war Democrat, Buttleer was a political general famous for his occupation command of New Orleans and his order to treat "disrespectful" ladies as "women of the streets plying their trade."  He later commanded the Department of Virginia where he refused to return run away slaves that reached his lines to their masters declaring the refugees were "contraband of war."  He was also widely suspected of corruption.  Elected to Congress after the War he became a leading Radical Republican and one of the managers of President Andrew Johnson's unsuccessful impeachment prosecution in the Senate.

 

The nomination of Benjamin Butler former Union General and sitting  Governor of Massachusetts--and reputedly the ugliest man in American politics--killed the remaining support of the Greenbacks in the South.

Butler's presence on the ticket, despite a Mississippi running mate, virtually killed  the Greenbacks in the South.  As head of the ticket he won only 177.090 popular votes, just 1.7% of the total.  The party was also reduced to just two seats in Congress, one of them taken by former presidential candidate Weaver.

By 1888 local party apparatus around the country collapsed.  Only eight delegates showed up for a nominating convention.   The gave up and went home.  The party was essentially dead--but not their ideas.

In the 1890;s a new Populist Part took up most of the core platform.  The Populist's first presidential candidate in 1892 was the last Greenback in Congress--Weaver again.  In 1896 fiery Nebraska orator William Jennings Bryan got the nomination of both the populists and Democrats, campaigning on the old Greenback demand of the free coinage of silver and an end to the de facto gold stnadard

Wednesday, November 25, 2020

The Greenbacks Flourished and Faded But Their Platform Finally Triumphed

The Greenback Party logo was rather charming.

On November 25, 1874 a new political party was born at a convention held in Indianapolis, Indiana.  They called themselves the Independent Party.  In some states they would first appear on the ballot as the National Party.  But within months the new party was widely known as the Greenbacks as they grew at an astonishing rate challenging the entrenched Republican and Democratic Parties.

The Party was formed out of frustration with both major parties as major eastern banking interests demanded that the Federal Government stop issuing paper money and return the issuance of currency to the banks.  Federal paper money, popularly known as greenbacks, had been first issued under Secretary of the Treasury Salmon P. Chase to help finance the Civil War.  Inflation had been an inevitable result.

The banks and conservative hard money politicians in both parties, wanted not only to stop the government printing presses, they wanted to require that bills be redeemed in speciegold.  This would create instant deflation.  But farmers and others who took out loans in inflated dollars would be required to repay the full face value of the loan plus interest in the much more expensive new currency or gold.  This alone would wipe out many farmers and small businesses.  It was also a blow at western mining interests by demonetizing silver coinage.  Silver coins would continue to circulate, but notes—printed currency—would have to be paid in gold.

The banks got their way with the passage of the Coinage Act of 1873.  Facing ruin, borrowers and their soft money supporters in both parties, organized to challenge the banking oligarchs of the Gilded Age.

Within months the new party was established and running under different names in most states.  Although its greatest strength was in the Mid-West and West, it also found support among small farmers in the South, and Northeast.  In fact, with Democrats and Republicans fracturing mainly along the lines of the Civil War, it looked for a time like the Greenbacks were the only truly national party.

The Species Payment Restoration Act of 1875 completed what the Coinage Act had begun.  It limited remaining Greenbacks in circulation to $300 million and The Secretary of the Treasury was directed to “redeem, in coinlegal-tender notes presented for redemption by January 1, 1879.

A poster for the 1876 candidate Peter Cooper.

In 1876 the new party nominated the distinguished, but eccentric 85 year old Peter Cooper as its candidate for President.  Cooper was an industrialist who had built the first practical locomotive in the U.S.; a philanthropist who had founded the Cooper Union, a college open to students of all economic, religious, racial, and ethnic backgrounds; and a leading liberal voice in New York City politics.  The party knew it had no chance to win the presidency, but the prestige of Cooper led to success in getting on the ballot in most states and helping elect local office holders.

The Greenbacks crested in the off-presidential year of 1876 when they elected 13 members of Congress. Thomas Ewing, Jr. of Ohio a pre-war Kansas Free Soil leader and post-war soft money Democrat, was the leading spokesman for the party in Congress and the most widely known and influential public figure.

In 1880 the party broadened its base and attracted new support from industrial workers in the Northeast, especially the politically savvy Irish, by adopting a staunchly pro-labor platform advocating a progressive income tax and the eight hour day.  It also made a bid for the support of middle class reformers, previously primarily Republican, by endorsing women’s suffrage.  The rise of the Grange Movement mirrored Greenback popularity among its original farmer base.

Iowa Congressman James B. Weaver got the 1880 nomination.

The 1880 Presidential Candidate was Iowa’s James B. Weaver. He received 305,997 popular votes, 3.3% of the total and the high water mark of the Greenbacks in Presidential elections.

Despite the continued popularity of their core demand—the return to a system of government issued currency detached from gold—in some areas, the party began a decline.  Those middle class reformers never did abandon the Republicans in any significant degree.  Southern Democrats gained in popularity as Reconstruction ended and they seized state governments from Black Republicans and fusion or pro-union whites leading to the Jim Crow Era.

The conservative press of both major parties savagely attacked the Greenbacks as wild eyed radicals in 1884.

Meanwhile the Knights of Labor largely collapsed following the Great Railroad Strike of 1877 and the rising craft union movement was both conservative and actually hostile to mass industrial workers greatly weakening their political power and influence.  The Irish returned to the traditional Democratic loyalties in most big cities.

Back in Indianapolis the 1884 Party convention nominated Benjamin F. Butler for President.  Butler had also received the nomination of an even smaller Anti-Monopoly Party.  The sitting Governor of Massachusetts, Butler was a polarizing figure in American politics.  A pre-war Democrat, Butler was a political general famous for his occupation command of New Orleans and the order to treat disrespectful ladies as “women of the streets plying their trade.”  He had a later command of the Department of Virginia where he refused to return runaway slaves that reached his lines to their owners, declaring the “contraband of war.”  He was also widely suspected of corruption.  Elected to Congress after the war he became a leading Radical Republican and one of the managers of the President Andrew Johnson’s unsuccessful impeachment prosecution before the Senate.  Back in his home state of Massachusetts he ran three times for Governor, finally winning in 1882 on a Democrat-Greenback fusion ticket. 

The nomination of controversial former Civil War Union general and Massachusetts Governor Benjamin Butler killed the remaining support of the Greenbacks in the South. 

Butler’s presence on the ticket, despite a Mississippi running mate, virtually killed the Greenbacks in the South.  As head of the ticket he won only 177,096 popular votes, just 1.7% of the total.  The party was also reduced to just two seats in Congress, one of them taken by former Presidential candidate Weaver.

By 1888 local party apparatus around the country had collapsed.  Only 8 delegates showed up for a nominating convention.  They gave up and went home.  The party was essentially dead.  But not its ideas.

In the 1890’s the new Populist Party took up most of its core platform.  The Populists’ first Presidential Candidate in 1892 was the last Greenback in Congress—James B. Weaver.  In 1896 fiery Nebraska orator William Jennings Bryan got the nomination of both the Populists and Democrats, campaigning on the old Greenback demand of the free coinage of silver and end to the de-facto gold standard.

 

Tuesday, June 2, 2020

That Time That a President Robbed the Cradle

White House wedding day.

It was a quiet, dignified affair, if somewhat subdued because of the august personage of the groom, a portly 49 year old life-long bachelor.  The ceremony, witnessed by a handful of family, friends, and the groom’s staff, was held in an elegant second floor parlor known as the Blue Room  overlooking a spread of lawn.  A military band led by a fellow named John Philips Sousa provided the music, his own composition for the occasion.  The bride was a stunning 21 year old brunette in a simple white brocaded dress.  She wore no veil.  At the conclusion of the service the new husband did not offer his new wife the customary kiss.  He had been advised that it might look unseemly.  Instead the couple led the assembly to another well-appointed room where an afternoon reception was laid.  After a suitably brief attendance the couple retired to their private quarters.
There was no honeymoon at Niagara Falls, the popular destination of the fashionable.  They were both, after all, from nearby Buffalo, New York and had presumably seen them before.  Instead the busy man returned to his official duties the next day.  He did not even have to leave home.  His office was on the premises.  There he presumably scanned the morning newspaper to see what notice had been taken.  The wedding had created, as was to be expected, something of a stir but so far none of the scandal some had feared.  He was, after all, the sitting President of the United States, Grover Cleveland and the bride, the former Frances Folsom, had official been his ward since the death of her father, a former law partner.

The lovely bride, the former Frances Folsom.
It was the first and only marriage ceremony by a President ever held in the White House.  One other Chief Executive, John Tyler, had been married while in office but did not hold the nuptials at the White House.  The widower had married the 25 year old daughter of a New York Congressman who had been killed, along with senior members of the administration, when a gun exploded on the deck of the USS Princeton as the couple flirted over tea below.  That marriage turned out to be a long and happy one with seven offspring.  But people had forgotten about Tyler, the first accidental president and a deeply unpopular one who had also become the only former Commander in Chief to take up arms against the government he had once led as a delegate to the Provisional Confederate Congress and Congressman elect of the Rebel House before his death.
Later another Presidential widower, Woodrow Wilson would marry Edith Bolling in 1915 during his first term, but again would have the union solemnized in a church.  The formidable Edith would go on to pretty much run the country after her husband suffered a stroke campaigning for his beloved League of Nations.

Baby Ruth Cleveland about age 8 was a celebrity in her own right.
The future for Cleveland and his wife was sunnier than either of the other matches.  The couple’s first daughter, Ruth, was born while Cleveland was on hiatus from the presidency in 1891 but was raised in the White House during his second, non-consecutive term.  Baby Ruth, as she was called in the press, became the object of national adoration.  Unfortunately she died at age 12 in 1904 of diphtheria. The nation mourned and the Curtiss Candy Company named a candy bar after her, or at least that is what they told the lawyers for the Sultan of Swat, Babe Ruth.
The Clevelands had four other children, including Esther who was born in 1893 in the White House, the last Presidential baby born there until John John Kennedy. 
Cleveland left office when William Jennings Bryan and the Populists seized control of the Democratic Party in 1896.  He supported a break-away Gold Democrat ticket that was trounced at the polls.  Republican William McKinley swept into the White House.

The Cleveland family with their four surviving children in retirement in New Jersey.
The Clevelands moved to an estate in Princeton, New Jersey where he served on the Board of Trustees of the University.  They raised their growing family and the former President still occasionally weighed in on national issues, particularly for Hard Money and the Gold Standard.  Always conservative, he disparaged agitation for Women’s Suffrage.
In declining health he died of a heart attack on June 28, 1908.  His last words were reported to be, “I have tried so hard to do right.”  He was buried in the Princeton Cemetery of the Nassau Presbyterian Church.  Nearly 40 years later Frances was laid alongside of him.

Tuesday, June 2, 2015

The President Robs the Cradle


e
White House wedding day.


It was a quiet, dignified affair, if somewhat subdued because of the august personage of the groom, a portly 49 year old life-long bachelor.  The ceremony, witnessed by a handful of family, friends, and the groom’s staff, was held in an elegant second floor parlor overlooking a spread of lawn known as the Blue Room.  A military band led by a fellow named John Philips Sousa provided the music, his own composition for the occasion.  The bride was a stunning 21 year old brunette in a simple white brocaded dress.  She wore no veil.  At the conclusion of the service the new husband did not offer his new wife the customary kiss.  He had been advised that it might look unseemly.  Instead the couple led the assembly to another well appointed room where an afternoon reception was laid.  After a suitably brief attendance the couple retired to their private quarters.
There was no honeymoon at Niagara Falls, the popular destination of the fashionable.  They were both, after all, from nearby Buffalo, New York and had presumably seen them before.  Instead the busy man returned to his official duties the next day.  He did not even have to leave home.  His office was on the premises.  There he presumably scanned the morning newspaper to see what notice had been taken.  The wedding had created, as was to be expected, something of a stir but so far none of the scandal some had feared.  He was, after all, the sitting President of the United States, Grover Cleveland and the bride, the former Frances Folsom, had official been his ward since the death of her father, a former law partner.
The happy couple.
It was the first and only marriage ceremony by a President ever held in the White House.  One other Chief Executive, John Tyler, had been married while in office but did not hold the nuptials at the White House.  The widower had married the 25 year old daughter of a New York Congressman who had been killed, along with senior members of the administration, when a gun exploded on the deck of the USS Princeton as the couple flirted over tea below.  That marriage turned out to be a long and happy one with seven offspring.  But people had forgotten about Tyler, the first accidental president and a deeply unpopular one who had also become the only former Commander in Chief to take up arms against the government he had once led as a delegate to the Provisional Confederate Congress and Congressman elect of the Rebel House before his death.
Later another Presidential widower, Woodrow Wilson would marry Edith Bolling in 1915 during his first term, but again would have the union solemnized in a church.  The formidable Edith would go on to pretty much run the country after her husband suffered a stroke campaigning for his beloved League of Nations.
The future for Cleveland and his wife was sunnier than either of the other matches.  The couple’s first daughter, Ruth, was born while Cleveland was on hiatus from the presidency in 1891 but was raised in the White House during his second, non-consecutive, term.  Baby Ruth, as she was called in the press, became the object of national adoration.  Unfortunately she died at age 12 in 1904 of diphtheria. The nation mourned and the Curtiss Candy Company named a candy bar after her.

Ruth Cleveland about age 8.
The couple’s first daughter, Ruth, was born while Cleveland was on hiatus from the presidency in 1891 but was raised in the White House during his second, non-consecutive, term.  Baby Ruth, as she was called in the press, became the object of national adoration.  Unfortunately she died at age 12 in 1904 of diphtheria. The nation mourned and the Curtiss Candy Company named a candy bar after her, or at least that is what they told the lawyers for the Sultan of Swat, Babe Ruth.
The Clevelands had four other children, including Esther who was born in 1893 in the White House, the last Presidential baby born there until John John Kennedy.  The couple remained happily married until Grover’s death in 1908 at the age of 68.  Francis lived on as a widow until 1947.
Cleveland was the second President from Buffalo.  The first was the hapless Millard Fillmore, who can usually be found on lists of worst Presidents.  None the less, the city is mighty proud of both of its favorite sons, each of whom figured prominently in local history independently of their nation political careers.  Statues of both stand proudly in front of the Buffalo City Hall.
Cleveland was born on March 18, 1837 in Caldwell, New Jersey.  His Presbyterian minister father brought the family to Up State New York when Grover was just a boy.  He gave up his education at the Clinton Liberal Academy in 1853 after his father died to help support his family as clerk.  Two years later he relocated to booming Buffalo, the key port on Lake Erie connecting to New York City and eastern markets via the Erie Canal and Hudson River.  There he clerked and read law with law firm of Rogers, Bowen, and Rogers.  After passing the bar in 1859 he established his own firm in 1962 as the Civil War was raging.  As the support of his widowed mother and younger siblings, Cleveland elected to hire a substitute for $150 to serve in his place when he was drafted.  That would make him the first President since Ulysses S Grant not to have served in some capacity, although his predecessor Chester Alan Arthur served as a high ranking New York Militia General who seldom left the state and never saw combat.  Republicans would later use his lack of service against him.
After the war Cleveland rose quickly in Buffalo legal services making a name for himself—and earning the gratitude of Irish voters for his pro bono defense of some of the Fenians arrested after their failed raid on Canada.  He also won a high profile libel case brought against the editor of the Commercial Advertiser.  He chose to live simply in a rooming house while continuing to support his family from his rising income and shunned the largely Republican elite in the city, preferring the company of young men and the convivial lures of the tavern.

Mark Twain was a Buffalo newspaper man while Cleveland was Sheriff of Erie Count.  Later he became one of the reform Republicans--Mugwamps--who support him the tainted James G. Blaine.  In his Autobiography he recalled visiting the president and telling him "In Buffalo you were nothing but a Sheriff.  I was in society."

He was a natural Democrat and threw his lot with the party early in his career.  In 1886 he ran for District Attorney and narrowly lost to his best friend and boarding house roommate Lyman K. Bass.  In 1870 he was elected Sheriff of Erie County by just 300 votes.  His term as a lawman was marked by personal rectitude in a department noted for its corruption.  He was best known for saving the county $10 twice on hangman’s fees by personally slipping the noose around the necks of convicted murderers despite his personal opposition to the death penalty.
Cleveland declined to run for a second term fearing that corruption in the department might later taint his career.  But his two years behind the badge made him moderately wealthy because of the $80,000 in fees which he collected from the courts for the performance of some of his duties.

He then joined Bass and another young lawyer in a new firm at which he was the principle litigator while Bass was off to Congress.  It was during this period that Cleveland, Bass, and other young buck lawyers dabbled with a young widow, Maria Crofts Halpin who became inconveniently pregnant.  Cleveland accepted responsibility and afterward supported Mrs. Halpin and the child.  He would later claim that the real father could not be determined among several candidates but as the only bachelor among the suspects he volunteered to take the rap.  
 
Republicans taunted Cleveland with cries of "Pa, Pa, Where's My Pa?'  After he was elected anyway Democrats shot back, "Gone to the White House.  Ha, Ha, Ha!"

Historians are divided on the reliability of this claim.  When he first ran for President Republicans mocked him with cries of “Ma, Ma, where’s my Pa?”  The smear was meant to counter Cleveland’s otherwise spotless reputation of personal rectitude as contrasted to his opponent Senator James G. Blaine of Maine who had been implicated in a number of financial scandals and suspected corruption.  Although middle class women might not have been so forgiving, they did not have the vote.  Except for die-hard Republican Stalwarts, Cleveland’s frank admission of the facts and the suggestion of gallantry in shielding his friends, actually won the admiration of many men and was offered as proof of his essential integrity.
Cleveland won that reputation by his scrupulous honesty as he rose in New York politics and his reputation as a zealous reformer and champion of Civil Service Reform.  In 1881 he handily won election as Mayor of Buffalo and quickly challenged corrupt machine politicians of both parties.  He forced the unwilling Common Council to accept a low bid on a street sweeping contract instead of a bloated contract to a political insider.  Then he enlisted the State Legislature to support the construction of a new local sewer system saving city taxpayers millions of dollars over a locally concocted scheme. 
Such unheard of concern for the taxpayers earned him the unexpected nomination for Governor.  In November 1882 after less than a year as Mayor, Cleveland was swept into office in a tidal wave of support for reform by the largest margin in the state’s history.  And his coat tails were long enough to bring Democrats to power in both houses of the Legislature.  Despite this, the new Governor quickly locked horns with the corrupt New York City Democratic Tammany Hall machine.  On the other hand reform minded Republicans like rising start Theodore Roosevelt swung support to the Governor’s agenda on many issues allowing him to initiate sweeping reforms.  New York based popular national newspapers like Harpers Illustrated which were typically Republican partisans, none the less brought Cleveland’s reform crusades to wider audiences.
In 1884 the previous Democratic champion and sentimental favorite Samuel Tilden was too ill to make a second run for the White House.  In a crowded field and against the opposition to Tammany, Cleveland was nominated on the second ballot over Massachusetts’s radical Benjamin Butler, the wall-eyed former Union general who was the champion of free silver Democrats, labor, and a supporter of women’s suffrage. 
It was a hotly contested election.  Democrats, as usual, were expected to sweep the Solid South—the states of the old Confederacy—plus most of the Border States.  The Republicans expected to retain traditional support of New England, the Mid West, and Far West.  The Middle States of New York, Connecticut, New Jersey, and Delaware, together rich in Electoral College votes, would be the hard-fought battle ground.  Blaine, who’s wife was Irish Catholic thought he might be able to peel away enough of the traditional Democratic Irish vote to take New York and maybe the other states.  Then, shortly before the election a prominent Republican speaker Rev. Samuel Burchard told a New York City audience that Cleveland represented the party of “Rum, Romanism, and Rebellion.”  Democrats gleefully published the slur and the Irish flocked to the ballot box to support Cleveland.
A cartoon in usually Republican Harper's Illustrated  show Cleveland's appeal to  GOP reformers by contrasting him to a Tammany Brave.
Meanwhile Republican reformers, labeled Mugwamps by their enemies, abandoned the tainted Blaine and supported Cleveland.   He swept the contested states plus Indiana.  Although the popular vote was close, Cleveland handily won a 219–182 majority in the Electoral College.
Cleveland is sometimes referred to as a Bourbon Democrat.  That is not entirely true.  He was not, like some ante-bellum Democrats a “Northern man of Southern principles.”  He did act on the Democratic platform of dismantling what was left of Reconstruction in the South, but much of that had already been started by his Republican predecessor, Arthur.  Cleveland was a pro-business conservative and an ideological devotee of laissez-faire classic liberalism.  He stood for the gold standard and against both Greenback schemes and free silver.  He opposed high tariffs.  He was for frugality in government, Civil Service Reform.  He was mildly supportive of “responsible labor” but opposed to strikes and “public disorder.”  When push came to shove he would unhesitatingly pit the power of the Federal government against strikers despite the objections of pro-union local Democrats like Illinois Governor John Peter Altgeld.
Cleveland would go on to a largely successful first term.  His popularity was even boosted, not harmed by his late marriage.  Four years later the Republicans would run on a protective tariff platform and narrowly took back some of those swing states.  Once again Cleveland won the popular vote but amid some controversy over possible shenanigans in Indiana lost the Electoral vote.
On her way out of the White House in March of 1889 Francis Cleveland told a member of the domestic staff, “Now, Jerry, I want you to take good care of all the furniture and ornaments in the house, for I want to find everything just as it is now, when we come back again.” When asked when she would return, she confidently averred, “We are coming back four years from today.”
And she was right.  After a new, even higher Republican tariff had stiffly raised prices on imported goods, Cleveland swept back into office with an impressive victory in which he won back all of the swing states he lost four years earlier and picked up Illinois, Wisconsin, and California while the Greenback Party took five High Planes and Western silver mining states.  He crushed incumbent Benjamin Harrison and Francis got her house back.


Unfortunately for Cleveland the next four years were much tougher than his first term.  The nation was plunged into a deep depression and widespread unemployment by the Panic of 1893, one of the most severe of the 19th Century.  Coxey’s Army marched on Washington to protest his conservative policies in dealing with the crisis by not dealing with it at all.  Labor unrest swept the country including a violent West Virginia coal strike and the Pullman Boycott/Strike led by Eugene V. Debs and the American Labor Union.  Cleveland ordered Federal troops to “move the mails” and crush the strike.  As a result he alienated many trade unionists and their supporters.
Meanwhile has adamant hard money policies resulted in the Sherman Silver Purchase Act which was the beginning of the end of bimetallism and the rise of the Gold Standard, which had devastating deflationary effects and ruined many farmers and small business people.  That caused a permanent rift between conservative Democrats and western Populists.  After Cleveland’s term the Populists and urban working class would unite to remake the Democrats, at least outside the South inaugurating the so-called Fourth Party System.
Cleveland was in the midst of a bruising battle to lower tariffs when he discovered a tumor on his jaw.  To prevent panic over the health of the President, he had the tumor surgically removed in secret aboard a borrowed yacht.  In a second operation he was fitted with a hard rubber prosthesis to replace a section of his jaw.
When Cleveland left office William Jennings Bryan and the Populists seized control of the Democratic Party.  He supported a break-away Gold Democrat ticket that was trounced at the polls.  Republican William McKinley swept into the White House.
The Clevelands moved to an estate in Princeton, New Jersey where he served on the Board of Trustees of the University.  They raised their growing family and the former President still occasionally weighed in on national issues, particularly for Hard Money and the Gold Standard.  Always conservative, he disparaged agitation for Women’s Suffrage.
In declining health he died of a heart attack on June 28, 1908.  His last words were reported to be, “I have tried so hard to do right.”  He was buried in the Princeton Cemetery of the Nassau Presbyterian Church.  Nearly 40 years later Frances was laid along side of him.