1880 Absolute Money 00 Note: Satirical Political Scrip Election of 1880

Description

Thank you for viewing this listing! Please refer to the photos for condition: you will receive the exact note pictured.
A nice note with some discoloration, creased in the center. Appears intact with no major damage, tiny tear bottom left of note.
I will combine shipping for USPS First Class.
Quote from Stacks Bowers about this fascinating political paper issue:
The note is a satire on the Greenback Party, which advocated the extensive issuance of paper money not backed by specie (silver or gold coins). This would make it easier for citizens to borrow money, to pay old debts, and more. The Greenbackers had candidates in the presidential elections of 1876, 1880, and 1884. This bill satirizes the 1880 contest and its 1880 contender Butler, who did not get the nomination (it went to James Baird Weaver). Butler was the candidate in 1884. The party also had some sensible planks in its platform, such as reducing the number of hours per day for laborers and eliminating child labor (a blot on American history that was not solved until the early 20
th
century),
By 1880 the Free Silver movement, another strong element of politics, had been partially diminished by the Bland-Allison Act of February 28, 1878, requiring Uncle Sam to buy millions of ounces of unwanted silver. This metal was coined into "Morgan" dollars, much to the delight of a later generation of numismatists. Free Silver became terminally ill with the defeat of William Jennings Bryan in the election of 1894. The unlimited issue of paper money faded after the Greenback Party's last national election bid in 1884.