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THE GILDED AGE, GROVER CLEVELAND, AND THE ASSERTION OF SOVEREIGNTY Colleagues Gaiusand Germanicus, Friends of History Debating Society, Londinium, 91 AD. The second segment pivots to a historical comparison involving Grover Cleveland, the only American president prior to Trump to serve non-consecutive terms, using his presidency to illustrate parallels between the "Gilded Age" and the 2020s. The primary focus is the Venezuelan Crisis of 1895, where Cleveland asserted that the United States was "practically sovereign on this continent" and its "fiat is law," forcing the British Empire to submit to American arbitration rather than fight. Germanicus draws a direct line to the present, noting that just as the 19th-century crisis was driven by gold mines near the Orinoco River, modern conflicts are driven by oil, while the US now contends with encroachments from China and Russia. The speakers suggest that the partisan press of the Gilded Age was even more vicious than today's media, and that the railroad bubbles of that era mirror current AI and tech bubbles. NUMBER 2
1885
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