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Updated: June 15, 2025
The reply was then: "Ten for one." "All right; how much have you got?" The Yankee would reply; the Rebel would walk to the farther end of his beat, count out the necessary amount, and, returning, put up one hand with it, while with the other he caught hold of one end of the Yankee's greenback.
It was on this intense labor discontent that the greenback agitation fed and grew. Whereas in 1876 the greenback labor vote was negligible, notwithstanding the exhortations by many of the former trade union leaders who turned greenback agitators, now, following the great strikes, greenbackism became primarily a labor movement.
The traditional cashier is at home in his parlor, the traditional teller observes mankind from his rampart of wire and glass, and the traditional clerk busy in the rear studies over his shoulder the strange accent and the strange face. Over and above the conveniences for exchange afforded by the bank, it will introduce to foreigners the charms of one of our newest inventions the greenback.
Some years later, when there began to be demands for large issues of paper money in the United States, I wrought some of the facts thus collected into a speech in the Senate of the State of New York, showing the need of especial care in such dealings with financial necessities. In 1876, during the "greenback craze," General Garfield and Mr.
See also "Gold, Prices, and Wages under the Greenback Standard," pages 48-54. See W. C. Mitchell, "Business Cycles." Also B. M. Anderson, Jr., "The Value of Money." See W. C. Mitchell, "Business Cycles," pages 465-6, 476. See W. C. Mitchell, "Gold, Prices, and Wages under the Greenback Standard," page 10. See W. C. Mitchell, "Business Cycles," page 132, Chart 13.
When it is considered that five dollars in Confederate money was only equal to one dollar in greenbacks, and that a dollar greenback was only about forty cents in gold, it will be conceded that the price paid after all was not so very high, especially when it is remembered the scarcity of provisions at that time, May, 1864; for instance, the ham, for which I paid fifty-six dollars was only four dollars and fifty cents.
The finest songster among the Sylvia, according to my notions, is the black-throated greenback. Its song is sweet and clear, but brief. The rarest of the species are Swainson's warbler, said to be disappearing; the cerulean warbler, said to be abundant about Niagara; and the mourning ground warbler, which I have found breeding about the head-waters of the Delaware, in New York.
The cuss turned green and stammered that he wasn't no animal tamer. The judge gave me a chance and we had a great performance in the courtroom. When it was over the judge said he guessed if I'd had Solomon long enough to teach him so much the man, if he was the owner, should have found him before. He fined the other chap a greenback and gave it to me.
I did not tell him that this was said to be one of Greenback Bob's favourite modes of attack, and of defence, too, when otherwise unarmed. In fact, I said nothing to further indicate my knowledge of the assailants of our patient.
The National Labor Union recommended the nomination of workingmen's candidates for offices and made arrangements for the organization of a National Labor party. This convened in Columbus in February, 1872, adopted a Greenback platform, and nominated David Davis of Illinois as its candidate for the presidency.
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