BOURBON DEMOCRATS
The Bourbon Democrats were a faction of the Democratic Party in the United States during the late 19th century. They were so named because they were perceived as being conservative and resistant to change, much like the Bourbon monarchy of France, which was known for its resistance to liberal reforms.
The Bourbon Democrats were primarily made up of wealthy, urban, and Southern Democrats who supported the policies of laissez-faire capitalism and limited government intervention in the economy. They also supported the gold standard and opposed the expansion of the money supply through the issuance of paper currency.
The Bourbon Democrats were opposed by the more progressive and reform-minded "Silver Democrats," who favored the expansion of the money supply through the issuance of silver coins and supported a range of progressive reforms, such as the graduated income tax and the regulation of monopolies.
To conclude, the Bourbon Democrats were a group of conservative Democrats who supported traditional Democratic Party values and opposed progressive reforms.
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