Founded:1896
Dissolved:1900
Description:
The National Democratic Party, also known as Gold Democrats, was a short-lived political party of Bourbon Democrats who opposed the regular party nominee William Jennings Bryan in the 1896 presidential election. The party was then a "liberal" party in the context of the times, which is more of a fiscal-conservative or classical-liberal in the political context of the United States today.
The new party's founders were disenchanted Democrats who saw its organization as a means to preserve the ideals of Thomas Jefferson, Andrew Jackson, and Grover Cleveland. They stood "for freedom of speech, freedom of conscience, freedom of trade, and freedom of contract, all of which are implied by the century-old battle-cry of the Democratic party, 'Individual Liberty.'" The party criticized both the inflationist policies of the Democrats and the protectionism of the Republicans.