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Updated: June 15, 2025
"That gave me a new flash on the creature. He was a slicker article than I imagined. I was not to get off with a tip. He was taking some pains to touch me for a greenback. I thought I saw his line. It would not account for his hitting the description of Mulehaus in the make-up of his straw-man, but it would furnish the data for the dollar story. I had drawn the latter a little before he was ready.
Who wants a lock without a key, a ship without a rudder, a binnacle without a compass, a check without a signature, a greenback without a goldback behind it?
Historic democracy is dead. This is not to say that a Democratic party organization has ceased to exist. Nor does it mean that there are no more Democrats and that the Democratic party is dead in the sense that the Federalist party is dead or the Whig party is dead, or the Greenback party is dead, or the Populist party is dead.
Of course the confederate soldiers, poor fellows, realized the difference some, when they could get hold of greenbacks, but the people of the south who did not have rations furnished them, and who had to skirmish around and buy something to live upon, early learned that a greenback was worth "two in the bush," as it were.
Hayes was an Ohio man, and we in Ohio now watched his successive steps with keen interest. We knew him as a man of high character, with a fine sense of honor, but we placed no great faith in his ability. He had added to his reputation by the political campaign that he had made for governor, in 1875, against the Democrats under William Allen, who demanded an inflation of the greenback currency.
Chapin rather enjoyed being held by a woman, but not in such a position that, if she let go her hold to spit on her hands, he would go a hundred feet down, and become as flat as the Greenback party, and have to be carried home in a basket. In a second he thought over all the sins of his past life, which was pretty quick work, as anybody will admit who knows the man.
January 1, 1879, was the date fixed by the act for resumption of redemption of greenbacks in gold and on December 17, 1878, the premium on gold disappeared. From that day on, the greenback became a dead issue. Another factor of great importance was the large increase in the volume of the currency.
During the hour of his exclusion from Miss Dalrymple's company he had sallied forth on a small but necessary financial errand of his own. Francois had placed in the basket of biscuits a revolver, and this latter Mr. Heatherbloom, rightfully construing it as his own personal property in lieu of the weapon his excellency had deprived him of, had exchanged for a bit of cardboard and a greenback.
The platform differed from earlier Greenback documents in that it contained no denunciation of the Resumption Act. That was now a dead issue, for on January 1, 1879, resumption became an accomplished fact, and the paper currency was worth its face value in gold.
COOPER, PETER. Born at New York City, February 12, 1791; apprenticed to carriage-maker, 1808; engaged in various enterprises and established Canton Iron Works, Canton, Maryland, 1830; Greenback candidate for President, 1876; died at New York, April 4, 1883. PEABODY, GEORGE. Born at Danvers, Massachusetts, February 18, 1795; settled in London as a banker, 1837; died there, November 4, 1869.
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