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Jul 9, 2011

Hundreds killed in tsunami after 8.9 Japan quake: From Daily Press:

Hundreds killed in tsunami after 8.9 Japan quake

TOKYO (AP) — A ferocious tsunami spawned by one of the largest earthquakes on record slammed Japan's eastern coast Friday, killing hundreds of people as it swept away ships, cars and homes while widespread fires burned out of control.
Hours later, the tsunami hit Hawaii but did not cause major damage. Warnings blanketed the Pacific, putting areas on alert as far away as South America, Canada, Alaska and the entire U.S. West coast. In northeastern Japan, the area around a nuclear power plant was evacuated after the reactor's cooling system failed.
Police said 200 to 300 bodies were found in the northeastern coastal city of Sendai, the city in Miyagi prefecture, or state, closest to the epicenter. Another 137 were confirmed killed, with 531 people missing. Police also said 627 people were injured.
The magnitude-8.9 offshore quake unleashed a 23-foot (seven-meter) tsunami and was followed for hours by more than 50 aftershocks, many of them of more than magnitude 6.0.
Dozens of cities and villages along a 1,300-mile (2,100-kilometer) stretch of coastline were shaken by violent tremors that reached as far away as Tokyo, hundreds of miles (kilometers) from the epicenter. A large section of Kesennuma, a town of 70,000 people in Miyagi, burned furiously into the night with no apparent hope of being extinguished, public broadcaster NHK said.
"The earthquake has caused major damage in broad areas in northern Japan," Prime Minister Naoto Kan said at a news conference.
The quake was nearly 8,000 times stronger than one that struck New Zealand late last month, devastating the city of Christchurch.
"The energy radiated by this quake is nearly equal to one month's worth of energy consumption" in the United States, U.S. Geological Survey Scientist Brian Atwater told The Associated Press.
The government ordered thousands of residents near a nuclear power plant in the city of Onahama to move back at least two miles (three kilometers) from the plant. The reactor was not leaking radiation but its core remained hot even after a shutdown. The plant is 170 miles (270 kilometers) northeast of Tokyo.
Trouble was reported at two other nuclear plants as well, but there was no radiation leak at either of them.
Japan's coast guard said it was searching for 80 dock workers on a ship that was swept away from a shipyard in Miyagi.
Even for a country used to earthquakes, this one was of horrific proportions because of the tsunami that crashed ashore, swallowing everything in its path as it surged several miles (kilometers) inland before retreating. The apocalyptic images on Japanese TV of powerful, debris-filled waves, uncontrolled fires and a ship caught in a massive whirlpool resembled scenes from a Hollywood disaster movie.
Large fishing boats and other vessels rode high waves ashore, slamming against overpasses or scraping under them and snapping power lines along the way. Upturned and partially submerged cars bobbed in the water. Ships anchored in ports crashed against each other.
The tsunami roared over embankments, washing anything in its path inland before reversing directions and carrying the cars, homes and other debris out to sea. Flames shot from some of the homes, probably because of burst gas pipes.
Waves of muddy waters flowed over farmland near Sendai, carrying buildings, some of them ablaze. Drivers attempted to flee. Sendai airport was inundated with thick, muddy debris that included cars, trucks, buses and even light planes.
Highways to the worst-hit coastal areas buckled. Telephone lines snapped. Train service in northeastern Japan and in Tokyo, which normally serve 10 million people a day, were suspended, leaving untold numbers stranded in stations or roaming the streets. Tokyo's Narita airport was closed indefinitely.
President Barack Obama said the U.S. "stands ready to help" Japan.
Jesse Johnson, a native of the U.S. state of Nevada who lives in Chiba, north of Tokyo, was eating at a sushi restaurant with his wife when the quake hit.
"At first it didn't feel unusual, but then it went on and on. So I got myself and my wife under the table," he told The Associated Press. "I've lived in Japan for 10 years, and I've never felt anything like this before. The aftershocks keep coming. It's gotten to the point where I don't know whether it's me shaking or an earthquake."
NHK said more than 4 million buildings were without power in Tokyo and its suburbs.
As night fell, Tokyo's streets were jammed with cars, buses and trucks trying to get around and out of the city. Pedestrians swarmed the sidewalks to walk home, or at least find a warm place to spend the night as the temperatures dropped.
Tomoko Suzuki and her elderly mother stood on a crowded downtown corner, unable to get to their 29th-floor condominium because the elevator wasn't working. They unsuccessfully tried to hail a taxi to a relative's house and couldn't find a hotel room.
"We are so cold," said Suzuki. "We really don't know what to do."
A large fire erupted at the Cosmo oil refinery in the city of Ichihara and burned out of control with 100-foot (30-meter) flames whipping into the sky.
"Our initial assessment indicates that there has already been enormous damage," Chief Cabinet Secretary Yukio Edano said. "We will make maximum relief effort based on that assessment."
He said the Defense Ministry was sending troops to the hardest-hit region. A utility aircraft and several helicopters were on the way.
Also in Miyagi prefecture, a fire broke out in a turbine building of a nuclear power plant, but it was later extinguished, said Tohoku Electric Power Co.
A reactor area of a nearby plant was leaking water, the company said. But it was unclear if the leak was caused by the tsunami or something else. There were no reports of radioactive leaks at any of Japan's nuclear plants.
Jefferies International Ltd., a global investment banking group, estimated overall losses of about $10 billion.
Hiroshi Sato, a disaster management official in northern Iwate prefecture, said officials were having trouble getting an overall picture of the destruction.
"We don't even know the extent of damage. Roads were badly damaged and cut off as tsunami washed away debris, cars and many other things," he said.
The U.S. Geological Survey said the 2:46 p.m. quake was magnitude 8.9, the biggest to hit Japan since record-keeping began in the late 1800s and one of the biggest ever recorded in the world.
The quake struck at a depth of six miles (10 kilometers), about 80 miles (125 kilometers) off the eastern coast, the agency said. The area is 240 miles (380 kilometers) northeast of Tokyo. Several quakes hit the same region in recent days, including one measured at magnitude 7.3 on Wednesday that caused no damage.
A tsunami warning was extended to a number of areas in the Pacific, Southeast Asia and Latin America, including Japan, Russia, Indonesia, New Zealand and Chile. In the Philippines, authorities ordered an evacuation of coastal communities, but no unusual waves were reported.
Thousands fled homes in Indonesia after officials warned of a tsunami up to 6 feet (2 meters) high, but waves of only 4 inches (10 centimeters) were measured. No big waves came to the Northern Mariana Islands, a U.S. territory, either.
The first waves hit Hawaii about 9 a.m. EST (1400 GMT). A tsunami about 7 feet (2.1 meters) high was recorded on Maui and a wave at least 3 feet (a meter) high was recorded on Oahu and Kauai. Officials warned that the waves would continue and could get larger.
Japan's worst previous quake was a magnitude 8.3 temblor in 1923 in Kanto that killed 143,000 people, according to USGS. A 7.2-magnitude quake in Kobe in 1996 killed 6,400 people.
Japan lies on the "Ring of Fire" — an arc of earthquake and volcanic zones stretching around the Pacific where about 90 percent of the world's quakes occur, including the one that triggered the Dec. 26, 2004, Indian Ocean tsunami that killed an estimated 230,000 people in 12 nations. A magnitude-8.8 temblor that shook central Chile in February 2010 also generated a tsunami and killed 524 people.

MarketWatch | The Week's top 10 videos | Weekly Roundup


Weekly Roundup
JULY 09, 2011

The week's top 10 videos on MarketWatch

By MarketWatch

In case you missed them, here are the 10 most popular videos that appeared on MarketWatch for the week of July 4-8:

Debt days of summer

Lauren Rudser tells you what's in Trading Strategies for July.
 Watch Video Report.

All Nippon tests new Boeing jet

Boeing's 787 Dreamliner flew into Tokyo for test flights this week. Here's a first look at the new fuel-efficient long-haul jet Japan's All Nippon Airways has acquired.
 Watch Video Report.

Apple's App Store anxiety

Rex Crum says Apple might be standing on the shoulders of 15 billion App Store downloads, but that doesn't mean it isn't paranoid about its market position.
 Watch Video Report.

New iPhone on the way

According to some suppliers of components to Apple, the new version of the iPhone is expected to be thinner and lighter than the iPhone 4 and sport an 8-megapixel camera. Marcelo Prince has more details.
 Watch Video Report.

Great jumpin' mules

Mule-jumping competitions are popular at state fairs in the rural south and midwest. Doug Belkin went to West Plains, Mo., to catch the high-jumping action.
 Watch Video Report.

Dust storm cripples Arizona airport

A massive dust cloud rolled through the Phoenix area blanketing the sky with gray and temporarily grounding flights at Arizona's largest airport.
 Watch Video Report.

Don't lend to Uncle Sam

Nathan Rowader, director of investments at Forward Management, says bond investors should look to fiscally stronger developed and emerging countries.
 Watch Video Report.

U.S. knockin' at debt's door

The debate over raising the U.S. debt ceiling will be hotter than July, making the next few weeks rocky for stocks and bonds, says Harvey Rowen, chief investment officer at investment manager Starmont Asset Management. He tells Jonathan Burton that he's taking risk off the table.
 Watch Video Report.

June's most popular houses

Each week readers vote on their favorite of the homes featured as the House of the Day. Tour June's winners, located in Ketchum, Idaho; New Zealand; Naples, Fla.; Winnetka, Ill.; and Belize.
 Watch Video Report.

Netflix heads south

Rex Crum says Netflix has hit a few out of the park in North America, and investors think it can keep scoring runs with its Latin American expansion plans.
 Watch Video Report.

The Washington Post Today's Headlines Saturday , July 9, 2011: Today's Highlights / Politics/ Style / Sports / World / Live Discussions / Technology /Business /

The Washington Post
Leaders pressured from below in debt talks
Backbenchers on both the Republican and Democratic sides are warning leaders against assuming a debt deal will get their support.
(By Philip Ruckerand Felicia Sonmez)

Betty Ford, outspoken first lady, dies
Betty Ford, who was first lady for 30 months and founded an iconic rehab clinic, dies at 93.
(By Donnie Radcliffe)

Crucial GOP primary in S.C.
The economic problems of South Carolina could change the political calculations of GOP candidates as they approach that state’s crucial primary contest.
(By Michael A. Fletcher)

U.S. execution prompts diplomatic uproar
The top United Nations human rights official said the execution of a Mexican national in Texas was a breach of international law.
(By Jason Ukman)

Immigrants feel squeezed over seat removals at Va. Starbucks
An immigrant enclave feels the squeeze as Fairfax County cracks down on outdoor seating.
(By Tara Bahrampour)

Gray nominee is rebuffed
A D.C. Council committee rejected Mayor Vincent C. Gray’s nominee to run the city’s troubled juvenile justice agency,
( by Nikita Stewart , The Washington Post)

Delaying end of ‘don’t ask, don’t tell’
The House has voted to block military chaplains from performing same-sex marriages on the nation’s bases, regarless of state law.
( by Donna Cassata , The Washington Post)

Obama: Betty Ford left legacy of courage, compassion and inspiration to others
WASHINGTON — President Barack Obama says former first lady Betty Ford left a legacy of courage, compassion and inspiration to countless others.
( Associated Press Associated Press , AP)

Leaders pressured from below in debt talks
Backbenchers on both the Republican and Democratic sides are warning leaders against assuming a debt deal will get their support.
( by Philip Rucker and Felicia Sonmez , The Washington Post)

Montana moves out of oil spill command post, highlighting tension between state, Exxon Mobil
BILLINGS, Mont. — Montana Gov. Brian Schweitzer has decided Exxon Mobil and the state don’t make good roommates after nearly a week of working together in close quarters to clean up an estimated 42,000 gallons of crude oil released into the Yellowstone River.
( Associated Press Associated Press , AP)

‘No’ means ‘no’
A chronic pushover seeks advice on how to politely decline.
(, The Washington Post)

Hints From Heloise: Cremation concerns
What to look for in a pet cremation facility.
(, King)

Ask Amy: Niece keeps in touch with toxic mom
He and his wife took in their niece when her mom and stepdad would no longer let her stay at her house. It pains them to see how she keeps reaching out to a woman who is so cold to her.
(, Tribune Media Service)

An Indonesian record-setter?
D.C. festival aims to host highest number of people simultaneously playing instrument called angklung.
( by Jessica Goldstein , The Washington Post)

With a few twists, making Afro-Colombian history
Afro-Colombian women braided messages of freedom into hair. Demonstrations are ongoing at the Folklife Festival.
( by DeNeen Brown , The Washington Post)

Sweden's Gunilla Lindberg returns to IOC executive board; 2nd woman on powerful body
DURBAN, South Africa — Sweden’s Gunilla Lindberg returned to the International Olympic Committee executive board Saturday, becoming the second woman on the ruling 15-member body.
( Associated Press Associated Press , AP)

Friday's Sports in Brief
( Associated Press Associated Press , AP)

Tour de France rivals Contador, Schleck relieved to reach mountains after hectic 1st week
CHATEAUROUX, France — No American will stand on the winner’s podium when the Tour de France ends July 24th in Paris.
( Associated Press Associated Press , AP)

US rider Chris Horner pulls out of Tour de France because of broken nose, concussion
AIGURANDE, France — American rider Chris Horner has pulled out of the Tour de France, a day after breaking his nose and sustaining a concussion in a crash.
( Associated Press Associated Press , AP)

Chinese fans shocked, saddened by news of Yao Ming's retirement
BEIJING — Yahoo! Sports’ report that Yao Ming is retiring left saddened Chinese basketball fans in disbelief.
( Associated Press Associated Press , AP)

Court orders Berlusconi investment company to pay rival $797 million in corruption case
MILAN — Premier Silvio Berlusconi’s family investment company was ordered Saturday to immediately pay €560 ($797) million to a rival media group for corruption in the acquisition of the Mondadori publishing company — a devastating sum and a significant blow to the Italian leader.
( Associated Press Associated Press , AP)

Singapore deports British author after 5-week jail term for contempt of court
SINGAPORE — A lawyer says British author Alan Shadrake has been released from a Singaporean jail after serving five weeks for contempt of court.
( Associated Press Associated Press , AP)

South Sudan becomes world's newest nation
JUBA, South Sudan — South Sudan became the world’s newest nation early Saturday, officially breaking away from Sudan after two civil wars over five decades that cost the lives of at least 2 million people.
( Associated Press Associated Press , AP)

Israel to deport dozens of international pro-Palestinian activists detained at airport
JERUSALEM — Israel says all pro-Palestinian activists detained at the country’s international airport will be sent home soon.
( Associated Press Associated Press , AP)

Malaysia detains hundreds of protesters
KUALA LUMPUR, Malaysia — Police fired tear gas and detained hundreds of activists as more than 10,000 demonstrators massed across Malaysia’s largest city demanding electoral reforms in the country’s biggest political rally in years.
( Associated Press Associated Press , AP)

Carolyn Hax Live: Advice columnist tackles your problems (Friday, July 8)
Advice Columnist Carolyn Hax takes your questions and comments about the strange train we call life.
(, vForum)

Real Wheels Live
Live online discussion with Real Wheels columnist Warren Brown about car-buying and the auto industry.
(, vForum)

Carolyn Hax Live: Advice columnist tackles your problems (Friday, July 15)
Advice Columnist Carolyn Hax takes your questions and comments about the strange train we call life.
(, vForum)

The Weather Gang Lab with Jason Samenow (Video)
Capital Weather Gang's Jason Samenow digs into this week's big weather story. Join the chat to find out what will happen -- and why.
(, vForum)

D.C.'s biggest stories: Lunchline's Clinton Yates breaks them down (video)
Clinton Yates a news junkie and pop culture fanatic who scours The Washington Post and its partner sites every weekday to find the gems that you want to read but don't have time to search for.
(, vForum)

Our Executive Assistant Greg Gets A Surprise In-Office Haircut

( by ,

Now You Can Use LinkedIn To Stay Up To Date On Who’s Getting Hired (And Fired)

( by ,

Don’t Call It A PivotPlz: PicPlz Spun Off As Mixed Media Labs Prepares Their Next Product

( by ,

Epic Gif: The Facebook Google+ Slapfest

( by ,

YC-Funded Quartzy Brings Order To Science Lab Supply Cabinets

( by ,

Obama heading to Camp David presidential retreat as he prepares for Sunday meeting on budget
WASHINGTON — After a tense week of wrestling with the nation’s deficit, President Barack Obama will head for Camp David on Saturday.
( Associated Press Associated Press , AP)

Partisan rhetoric tempers hopes for $4 trillion cut in deficit, half that more likely
WASHINGTON — Even as they seek a grand deal to bring the deficit under control, both President Barack Obama’s Democratic allies and GOP rivals head into a rare weekend negotiating session with their options sharply limited by months of angry rhetoric and political posturing.
( Associated Press Associated Press , AP)

Obama's challenge: Showing how a big deficit reduction deal creates desperately needed jobs
WASHINGTON — Immersed in an intense struggle to cut the national debt, President Barack Obama faces a dilemma that will stay with him even if he succeeds in striking a grand deal with Congress: convincing Americans that the entire effort will do anything to create desperately needed jobs.
( Associated Press Associated Press , AP)

Our Executive Assistant Greg Gets A Surprise In-Office Haircut

( by ,

China's inflation jumps to 3-year high even as economy cools; food costs up 14.4 percent
BEIJING — China’s surging inflation accelerated to a three-year high in June even as the overheated economy began to cool.
( Associated Press Associated Press , AP)

NYT: ALERT FGC BOLSA - FGC FINANCIAL MARKETS: Does LinkedIn Indicate a Social Networking Bubble?

July 9, 2011


Spotting a bubble before it deflates has proved difficult, if not impossible, but that hasn’t stopped questions about LinkedIn’s stock price.


Government data shows that cities where house prices collapsed and jobs disappeared, like Las Vegas and Detroit, were among those that lost the most flights.

Job Growth Falters Badly, Clouding Hope For Recovery: NYT today's Headlines:


Job Growth Falters Badly, Clouding Hope for Recovery

For the second month in a row, employers added a dismally small number of jobs, showing that the United States economy is barely creaking along.

Trailing G.O.P. With Cameras, Seeking Gaffes

A group is looking for gotcha moments that could that could derail political ambitions or provide fodder for television ads.
An Appraisal

3, 2, 1, and the Last Shuttle Leaves an Era Behind

The Atlantis launch was as festive as the 134 that preceded it. But this time, those who care about NASA worried for nothing less than the future of American spaceflight.
"We've come full circle since 1961, back to when we had yet to show we could launch people into space. We will be hitching rides from the Russians to go to the space station that is mainly ours."
STEVEN J. DICK, a retired NASA chief historian, on the last launching in the space shuttle program.


Slide Show: Betty Ford Dies

Betty Ford, the outspoken and much-admired wife of President Gerald R. Ford, has died at 93.
Just Sign Here
Opinionator | The Thread

Just Sign Here

Michele Bachmann's signing of a conservative "marriage vow" pledge in Iowa raised ire in the blogosphere.

Night Raids Curbing Taliban, but Afghans Cite Civilian Toll

Night raids have become an effective tool against the insurgents even as they stir resentment and accusations of abuse among Afghans.

Phone Scandal Poses Defining Test for a Murdoch Son

James Murdoch, the son of Rupert Murdoch, faces a new test as he jockeys to run his father's company, the News Corporation, and salvage the biggest deal in the Murdochs' history.

Former Aide to Cameron Is Arrested in Tabloid Scandal

Andy Coulson, a former editor of The News of the World and a former aide to Prime Minister David Cameron, was arrested on Friday.

Betty Ford, Former First Lady, Dies at 93

The outspoken and much-admired wife of President Gerald R. Ford overcame alcoholism and an addiction to pills and helped found one of the most well-known rehabilitation centers in the nation.

California Cuts Weigh Heavily on Its Colleges

Sharp tuition increases and cutbacks in services threaten to erode a much-admired college and university system.

Shutdown in Minnesota Ripples Out to Day Care

The shutdown has suspended payments for child care for the poor, and families and day care centers are feeling the impact.

Jobs Report Reinforces Parties in Deficit Talks

President Obama appeared largely alone in seeing the bad employment news as a call to boldness.

Family Battles U.S. Over 10 Coins Worth Millions

The family of a gold dealer who died 21 years ago and the U.S. are fighting over 10 rare double eagle coins, minted in 1933.

As Same-Sex Marriage Becomes Legal, Some Choices May Be Lost

Companies like Corning, I.B.M. and Raytheon are requiring employees to marry if they want their same-sex partners to qualify for health insurance.

Air Service Cutbacks Hit Hardest Where Recession Did

Government data shows that cities where house prices collapsed and jobs disappeared, like Las Vegas and Detroit, were among those that lost the most flights.

Allegations Link U.S. Companies to Brazilian Sex Tourism

Cases in the United States and Brazil are pursuing connections between an Atlanta-area businessman and trafficking in underage girls along the Amazon, according to court papers.

News Corp. Deal for BSkyB in Limbo

Amid the widening phone-hacking controversy at the media empire, British officials said it could take awhile to assess the proposed acquisition of BSkyB.
App City

Bringing Past, Present and Future Into Focus

A few new apps will tell you what used to be nearby, or even what might have been nearby - less practical but often thoroughly satisfying experiences.
Off the Charts

The Boom and Crash Cycle of I.P.O.'s

The 98 canceled offerings in 2011's second quarter hark back to the dot-com crash in 2000.

To Slow Piracy, Internet Providers Ready Penalties

Internet providers agreed to a system to identify those suspected of digital copyright infringement and impose progressively harsher consequences.

Grief and Questions After Death at Ballpark

A fan fell over a railing at Rangers Ballpark while trying to catch a ball, prompting a look at previous accidents.

Turbine Potsdam Still Powers Women's Soccer

The top women's professional soccer team combines the traditions of the East German sports academy with the sponsorships and fan clubs of capitalist soccer culture.
Mets 5, Giants 2

Mets Beat Giants with Three Runs in Ninth

Scott Hairston hit a pinch-hit home run off Giants closer Brian Wilson in the ninth to break a 2-2 tie.
Art Review

Combining People and Machines in Venice

A political commentary from the United States with Allora & Calzadilla's works at the Venice Biennale.
Theater Review | 'As You Like It'

Love's Hard, Comic Work, on a Stage Most Worldly

With "As You Like It," the Royal Shakespeare Company begins a six-week residency at a transformed Park Avenue Armory.
Theater Review | 'The Judy Show: My Life as a Sitcom'

She Wanted a TV Show, but the Stage Will Do, Too

Judy Gold stars in her own memoir with music, at the DR2 Theater in Manhattan.

Central Park Cyclists Get Wish to Share Shortcut. But Slowly.

Two pedestrian paths across the park will be opened up to bicyclists, who will be required to ride at a very slow pace.

On Boardwalk, Faded Casino Decides to Fly Rainbow Flag

The nightclub Prohibition, perhaps the first of its kind at any big American casino, may help modernize the brands of Resorts Casino Hotel and the city.
Crime Scene

Memory AWOL, Robbery Suspect Still Figures He Didn't Do It

A suspect in the armed robbery of four musicians in Brooklyn says some spiked marijuana has stolen much of his memory of the night.

A Turkish Idyll Lost in Time

Istanbul's island of Buyukada is a living diorama of the Ottoman era, a place of grand churches, filigreed mansions, horse-drawn buggies and retro beach clubs.
Frugal Traveler Blog

$100 Weekend in Istanbul

Can the Frugal Traveler enjoy a weekend in Istanbul on a $100 budget? No problem.

Crossing the Nation on 2 Wheels - Again

With a brand new bike and a growing list of aches and pains, retracing a trip last made in the twilight of youth.

The New State of South Sudan

After the celebrations of its independence, the new country and its supporters cannot relax.

How to Promote a Merger

AT&T lobbying muscle and cash win support for its deal with T-Mobile.

Safe, Not Sorry, on Drilling

A New York State report on natural gas seeks to balance environmental and economic concerns.

Perils of Smoking, on Graphic Display

A World Health Organization report notes that large pictorial warnings on cigarette packages are effective in deterring smoking.
Op-Ed Contributor

From the Gutter, Into the Sewer

Rupert Murdoch's achievement was to take the tabloid press from the gutter into the sewer, widening its range from coverage of celebrity scandals to the performance of criminal acts.
Op-Ed Columnist

Murdoch's Fatal Flaw

There is nothing more thrilling to Rupert Murdoch than a scoop by one of his papers - the more salacious, the better.
Op-Ed Columnist

The D.S.K. Endgame

It's time for Dominique Strauss-Kahn to start on that memoir.
Op-Ed Contributor

Death Penalty, Still Racist and Arbitrary

Those who kill white people are more likely to be sentenced to death than those who kill blacks.
On July 9, 1896, William Jennings Bryan caused a sensation at the Democratic National Convention in Chicago with his "cross of gold" speech denouncing supporters of the gold standard. Bryan went on to win the party's nomination.