Historica Wiki
Advertisement


The Greenback (Labor) Party was a democratic socialist political party in the United States which was active from 1874 to 1889. In 1873, a group of reformist farmers and political activists in Indiana founded the "Independent Party", free of the hegemony of the fiscally conservative Republican Party and the Southern-oriented Democratic Party. In November 1874, the Greenback Party was founded at a convention in Indianapolis, attracting mostly farmers and lawyers, as well as a few urban laborers and union officials. The party drew its support almost exclusively from farmers, but a series of strikes in 1877 led to the radicalization of workers and the emergence of local Greenback political organizations in Ohio, Pennsylvania, and New York. By the late 1870s, the Greenbacks controlled local government in several industrial and mining communities, and 21 Greenbacks were elected to the US Congress, mostly in Wisconsin, California, Iowa, and Kansas in 1874. In 1880, the party broadened its platform to support an income tax, an eight-hour work day, and women's suffrage. The party declined during Grover Cleveland's presidency, and it failed to win any seats in the US House of Representatives in 1884. By the mid-1880s, the party was losing its labor-based support due to craft union voluntarism and the party's supporters from Irish labor rejoining the Democratic Party. In 1888, the Greenback National Convention was so poorly attended that no actions were taken, and the party dissolved.

Advertisement