Word: greenbacked
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...President will issue up to $3,000,000,000 in new paper money under the Greenback law of 1862. Behind this currency will be neither gold nor bonds- only the good faith of the Government. What saves it from being out & out green-backery is a redemption system whereby 4% will be retired annually from appro-" priation by Congress. This paper money will be put into circulation by the Treasury's using it to meet Federal obligations. By diluting the value of outstanding currency, it is supposed to inflate prices proportionately. If the deflation is still unbeaten, then...
Blatant, big-hearted Mary Louise Cecilia ("Texas") Guinan and her blonde gang of greenback gatherers, well beloved in Manhattan, approached France on the French Liner Paris last week. Abruptly they were "barred from French soil," first kept aboard the Paris at Havre, then herded into a detention house half full of Polish immigrants and "legally outside of France." The Ministry of Interior, citing unemployment among French night club artistes, refused to admit competitive La Guinan et sa gang...
...wholly without foundation. Such statements touch my sense of humor. . . . As a Protestant myself, I deplore the circulation of these rumors, because they tend to arouse religious intolerance. . . . If there is any substantial num-ber of American citizens who believe this amusing but absurd story about the one-dollar greenback, what a field they would offer for Samson and his jawbone of an ass! In the Bible it is recorded (Judges XV, 15) that Samson "found a new jawbone of an ass and put forth his hand and took it and slew a thousand men therewith...
...been written by Garet Garett in his latest novel, The Driver. Mr. Fish was a railroad executive of the old order, rough and ready in speech, cautious in administration, scrupulously honorable in his engagements, and completely impatient of fallacious economics. Even in his youth he played his part against greenback inflation, and for the risky and speculative methods of Wall Street railroad amalgamation, whose excesses were justified only by their aggregate brilliant results, he had an inherent mistrust. He was a stubborn fighter but invariably a good loser. His resentment of the prohibition amendment, and his efforts for its repeal...
...Harvard men share in the prizes offered by Hart Schaffner and Marx for the best essays on economic subjects in the contest of 1920. For his thesis, "International Trade of the United States in the Greenback Period", F. D. Graham A.M. '17, P.H.D. '20, was awarded the second prize of $500 in class A, while $100 was given to R. D. Costigan '20 in class B for his study on "Nationalization of Collective Bargaining in the Men's Clothing Industry...