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The Half of 1%.

Currency:USD Category:Collectibles Start Price:35.00 USD Estimated At:70.00 - 100.00 USD
The Half of 1%.
Fascinating advertising envelope of the obscure United Greenback Labor Party, demanding U.S. paper money be made legal tender over private banknotes. C. 1878-80. Imprint of E.M. Davis, Walnut Pl., Philadelphia. Postally unused. Lengthy, closely printed screed filling most of front, in about 5-point type, leaving only room for address and a stamp, advocating restoration of fractional notes as the "poor man's bills of exchange," and remonetizing silver. "...It is unjust to make 40 millions of people pay additional taxes, so that less than 210,000 may pocket them...Banks pay taxes, but why should they not? If prosperous and money-making institutions are not taxed, what enterprises should be?...Their profits have been enormous...We must have United States paper money, and not bank paper, as our currency. The volume must be regulated by the demands of trade...and not by bankers, who now inflate and contract at pleasure...." The umbrella party's 1880 Presidential candidate, James B. Weaver, failed to garner a single electoral vote; his "message of racial inclusion drew violent protests in the South"--wikipedia. Uniform eggshell toning, some handling evidence, else about very good. Items relating to this party are rare. WorldCat locates nothing of any description.