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Updated: May 3, 2025
Local Greenback-Labor parties were being organized everywhere and a national Greenback-Labor party was not far behind in forming. The continued industrial depression was a decisive factor, the winter of 1877-1878 marking perhaps the point of its greatest intensity. Naturally the greenback movement was growing apace.
But just as the Greenback-Labor movement was assuming promising proportions a change for the better in the industrial situation cut under the very roots of its existence. In addition, one month after the election of 1878, its principal issue disappeared.
Some of them have brought over from Europe, in considerable numbers, herdsmen and other employees who sustain to them a dependent relationship characteristic of the peasantry on the large landed estates of Europe." This spoliation of the public domain was one of the chief grievances of the National Greenback-Labor party in 1880.
The Greenback-Labor party nominated James B. Weaver and B.J. Chambers, and declared That all money should be issued by the government and not by banking corporations. That the public domain must be kept for actual settlers and not given to railroads. That Congress must regulate commerce between the states, and secure fair, moderate, and uniform rates for passengers and freight.
The progress made, in numbers and organization, before the seeds of decay were sown in the United Labor party, the Union Labor party, the Greenback-Labor party, the People's party of 1884, and various third-party movements, testify to the readiness of earnest thousands to respond, even on the slightest promise of victory, to the call for radical reform.
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