In a campaign largely restricted to the question of free-silver coinage he was defeated for re-election in 1894, and subsequently was also defeated as the Democratic candidate for the United States Senate.
He was a delegate to the Democratic National Convention of 1896, but withdrew after the adoption of the free-silver plank.
In 1892 he was instrumental in bringing about the third nomination of Mr Cleveland, and took an influential part in the ensuing presidential campaign; but in 1896, disapproving of the "free-silver" agitation, he refused to support his party's candidate, Mr W.
Toward the end of his second term the president became very much out of accord with his party on the free-silver question, in consequence of which the endorsement of the administration was withheld by the Democratic national convention at Chicago in 1896.
Subsequently he became chairman of the Republican National Committee, and managed with consummate skill the campaign of 1896 against William Jennings Bryan and "free-silver."