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

After the war, he failed to win public office and joined the nascent Greenback Party, which demanded a greater money supply, expanded business regulations, and more progressive labor policies.

From Slate

The new group picked up the pieces of the Greenback Party and the Farmers’ Alliance movement and took on the cause of small farmers, who were at the mercy of large creditors and utterly reliant on the railroads for access to the market.

From Slate

The Republicans suffered massive defeats in the 1878 midterm elections, losing control of the Senate and sustaining further losses in the House, which was then divided four ways with the "independent Democrats" and the Greenback Party, as well as the official Democrats and Republicans.

From Salon

Two years later, in the 1878 midterm elections, Americans showed their dissatisfaction with “politics as usual” by voting in 13 members of the populist Greenback Party to the House of Representatives.

From The Guardian

In 1876 he ran for president as the 85 year-old candidate of the Greenback Party.

From New York Times