WebGreenback Labor representatives explained that there was an alternative to hard money, and that the federal government had the authority to define what money was. WebMay 17, 2024 · GREENBACK PARTY. The Greenback Party was founded in 1874 in Indianapolis, Indiana. Following the panic of 1873, an economic downturn hit the nation's agricultural sector: farm prices dropped but growers' costs (including rail freight rates) remained stationary or rose. The amount of money in circulation decreased and interest …
Greenbacks Paper Money with a Promise to Pay
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Greenback definition and meaning Collins English Dictionary
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