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The Grangers' dream of cheap money

Dates: Between 1880 and 1900

Creator: Puck

This political cartoon from the satirical Puck magazine illustrates the Republican perception of the People?s (Populist) Party belief in the coinage of silver and the redistribution of wealth to the masses. In the cartoon, Populist senator William Peffer uses a bellows to propel the windmill of the U.S. Treasury in order to pump out more ?greenbacks.? Outside the windmill, farmers are hungrily grabbing bags of money and carting them away in wagons. Billboards in the nearby town refer to the rapid inflation caused by the distribution of so much money.

The Grangers' dream of cheap money