Greenback party

American  

noun

U.S. History.

1. a former political party, organized in 1874, opposed to the retirement or reduction of greenbacks and favoring their increase as the only paper currency.

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Greenback Party British  

noun

1. history a political party formed after the Civil War advocating the use of fiat money and opposing the reduction of paper currency

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Other Word Forms

• Greenbacker noun
• Greenbackism noun

Example Sentences

For some years the political labor movement lost its independent character and was absorbed by the Greenback party which offered a meeting-ground for discontented farmers and restless workingmen.

From The Armies of Labor A chronicle of the organized wage-earners by Orth, Samuel Peter

He was a Democrat and a member of Tammany Hall, but toward the latter part of his life he became a leader of the Greenback party, being a candidate for President on that ticket.

From Hidden Treasures Or, Why Some Succeed While Others Fail by Lewis, Harry A.

One could see the supports of the Greenback party vanishing as he went on.

From Autobiography of Andrew Dickson White — Volume 1 by White, Andrew Dickson

A Greenback party was formed, which called for the repeal of the Specie Payment Act and for the issue of more greenbacks.

From A Brief History of the United States by McMaster, John Bach

The Greenback party, as it was called, grew out of this policy of contraction, and for a time threatened to carry the election of a majority of the Members of Congress.

From Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. by Sherman, John