uding seventy for African-Americans, had a major role in the organization of the Greenback movement which had started in Texas in 1876.
             Political organization formed in the years 1874-1876 to promote currency expansion. The Greenback Party (also called the National Greenback Party) had its main support coming from the farmers who had been suffering from declining farm prices, high railroad rates and the government's deflationary currency policies. These members were mainly farmers of the West and the South; stricken by the Panic of 1873, they saw salvation in an inflated currency that would wipe out the farm debts contracted in times of high prices. During the Panic of 1873 and the depression to follow, it had only consumed the nation on the issue of money, with farmers and other demanding the issuance of additional greenbacks or the unlimited coinage of silver.
             In 1874, the Greenbackers, had to capture the Democratic Party. Peter Cooper was the party's presidential candidate in 1876 but he won only 81,737 votes and was easily beaten by Rutherford Hayes (4,036,298) and Samuel Tild
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