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Greenback Party information


Greenback Party
Founded1874; 150 years ago (1874)
Dissolved1889; 135 years ago (1889)
Succeeded byPeople's Party ("Populists")
Union Labor Party
IdeologyAnti-monopolism
Laborism
Monetary reform
Agrarianism (initially)
Political positionCenter-left to left-wing
  • Politics of United States
  • Political parties
  • Elections

The Greenback Party (known successively as the Independent Party, the National Independent Party and the Greenback Labor Party) was an American political party with an anti-monopoly ideology which was active from 1874 to 1889. The party ran candidates in three presidential elections, in 1876, 1880 and 1884, before it faded away.

The party's name referred to the non-gold backed paper money, commonly known as "greenbacks", that had been issued by the North during the American Civil War and shortly afterward. The party opposed the deflationary lowering of prices paid to producers that was entailed by a return to a bullion-based monetary system, the policy favored by the Republican and Democratic parties. Continued use of unbacked currency, it was believed, would better foster business and assist farmers by raising prices and making debts easier to pay.

Initially an agrarian organization associated with the policies of the Grange, the organization took the name Greenback Labor Party in 1878 and attempted to forge a farmer–labor alliance by adding industrial reforms to its agenda, such as support of the 8-hour day and opposition to the use of state or private force to suppress union strikes. The organization faded into obscurity in the second half of the 1880s, with its basic program reborn shortly under the aegis of the People's Party, commonly known as the "Populists". Later, during the early 20th century, parts of the agenda from both parties were accomplished by the Progressives.

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the Greenback news in early 1888 took place in Michigan, where the party remained active. In early 1888, it was not clear if the Greenback Party would...

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nominee. The dominance of the two major parties began to fray as an upstart left-wing party, the Greenback Party, nominated another Civil War general for...

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Pennsylvania William Allen from Ohio Alexander Campbell from Illinois The Greenback Party had been organized by agricultural interests in Indianapolis, Indiana...

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Art, served as its first president, and stood for election as the Greenback Party's candidate in the 1876 presidential election. Cooper began tinkering...

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1876 Greenback National Convention

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The 1876 Greenback National Convention was held in Indianapolis in the spring of 1876. The Greenback Party had been organized by agricultural interests...

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Third Party System

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Throughout the nineteenth century, third parties such as the Prohibition Party, Greenback Party and the Populist Party evolved from widespread antiparty sentiment...

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circulation was opposed by the United States Greenback Party. It was termed 'fiat money' in an 1878 party convention. After World War I, governments and...

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1882 United States House of Representatives elections

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Elections held early. Greenback Party Changed from districts. Independent Changed from at-large. Previous election had 1 Greenback. Previous election saw...

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Daniel Lindsay Russell

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U.S. Representative as a "fusion" candidate of the Republican and Greenback parties. In a close election, he defeated the Democratic incumbent Alfred...

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representatives from the Farmers' Alliance, People's Party, National Reform Party, and the remainder of the Greenback Party in Chicago and St. Louis in an attempt to...

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Benjamin Butler

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election with Democratic and Greenback Party support. He ran for president on the Greenback Party and the Anti-Monopoly Party tickets in 1884. Benjamin Franklin...

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1884 United States presidential election in New York

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In a distant third came the Prohibition Party candidate John St. John with 2.14 percent, while Greenback Party candidate Benjamin Butler came in fourth...

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Carolina led to the violent removal of democratically elected Republican party executive and representative officials, who were either hunted down or hounded...

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1884 Greenback National Convention

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The 1884 Greenback Party National Convention assembled in English's Opera House in Indianapolis, Indiana. Delegates from 28 states and the District of...

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