Word: greenbackism
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Back in 1883, President Chester A. Arthur approved a civil service rule, prohibiting any inquiry into the political beliefs of an applicant for a federal job. It was a wise and liberal provision in days when the radical fringe consisted of nothing more horrendous than the Greenback National and Prohibition parties. It remained valid during the rise & fall of the Populist, Progressive, Bull Moose and Socialist-Labor movements. Their adherents were loyal to the U.S. first, to their party second-and never to a foreign government. Not until 1939 was the rule amended, to bar those who seek to overthrow...
Norm Schulz, our Beaver Crossing buddie, played well the role of spender this week-end, and threatens to eclipse even old millionaire T. B. Perry for top honors in the greenback delivery campaign. We'd bring up the the name of gentleman Joe Sydnow, but his ever able blush might catch the place afire...
When Peter Cooper ran for President, on the Greenback ticket, he got 82,000 votes. But he was one of the most wonderful grandfathers who ever lived. His prosperous glue (and gelatin) factory, at Madison Avenue and sist Street in Manhattan, would have made him a fortune even if he had not invented the mercury vapor lamp, built the first American steam locomotive, or helped finance the Atlantic cable. His long white hair reached almost to his shoulders. He shaved himself with a razor used by George Washington. He wore a black frock coat, a black stock about his neck...
...nominate the Conqueror of Conquerors, the fiend INFLATION, who lights his cigaret with a greenback, who sits upon the back of Victory, who spurns Justice and Security beneath his feet, and who is served by minor devils Want, Crime and Destruction. Peering over his shoulder show his lieutenant, John L. Lewis. Let Artzybasheff draw...
...object that borrowing from the Reserve banks would be nearly equivalent to "outright greenback printing," and that both of these procedures would be very much worse than borrowing from the member banks. With this point of view I emphatically disagree. So far as inflation during the war is concerned, I can see no significant differences among these three possibilities of inflationary financing, but I can see a great deal of difference in their probable post-war effects...