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Independent Reform Party
The Independent Reform Party, sometimes also known as the Anti-Monopoly Party, was a short-lived political party in Illinois, in the United States. Arising out of the disorder created by the fracturing of the Republican Party in 1872, when the Liberal Republican Party had been created, it was organized on June 10, 1874, in a convention at Springfield. It fielded candidates in that year's elections but disappeared thereafter. The platform of the Independent Reform Party called for budget cuts, the repeal of the National Bank Act, and the institution of an inflationary currency policy based on the greenback. It criticized the corruption of the existing parties, focusing on corrupt ties between government and the railroad industry: the party demanded an end to railroad land grants and the giving of free railroad passes to elected officials, and strict enforcement of the existing railroad laws. This platform was also endorsed by the state convention of the Liberal Republican Party u ...
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Illinois
Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Rockford, as well Springfield, its capital. Of the fifty U.S. states, Illinois has the fifth-largest gross domestic product (GDP), the sixth-largest population, and the 25th-largest land area. Illinois has a highly diverse economy, with the global city of Chicago in the northeast, major industrial and agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its central location and favorable geography, the state is a major transportation hub: the Port of Chicago has access to the Atlantic Ocean through the Great Lakes and Saint Lawrence Seaway and to the Gulf of Mexico from the Mississippi River via the Illinois Waterway. Additionally, the Mississippi, Ohio, and W ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five major unincorporated territories, nine United States Minor Outlying Islands, Minor Outlying Islands, and 326 Indian reservations. The United States is also in Compact of Free Association, free association with three Oceania, Pacific Island Sovereign state, sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Palau, Republic of Palau. It is the world's List of countries and dependencies by area, third-largest country by both land and total area. It shares land borders Canada–United States border, with Canada to its north and Mexico–United States border, with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the List of ...
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United States Republican Party
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported classical ...
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Liberal Republican Party (United States)
The Liberal Republican Party was an American political party that was organized in May 1872 to oppose the reelection of President Ulysses S. Grant and his Radical Republican supporters in the presidential election of 1872. The party emerged in Missouri under the leadership of Senator Carl Schurz and soon attracted other opponents of Grant; Liberal Republicans decried the scandals of the Grant administration and sought civil service reform. The party opposed Grant's Reconstruction policies, particularly the Enforcement Acts that destroyed the Ku Klux Klan. It lost in a landslide, and disappeared from the national stage after the 1872 election. The Republican Party had emerged as the dominant party in the aftermath of the Civil War, but many original Republicans became dissatisfied with the leadership of President Grant. Prominent liberal leaders like Schurz, Charles Sumner and Lyman Trumbull had been leaders in the fight against slavery and for the first stages of Reconstru ...
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National Bank Act
The National Banking Acts of 1863 and 1864 were two United States federal banking acts that established a system of national banks, and created the United States National Banking System. They encouraged development of a national currency backed by bank holdings of U.S. Treasury securities and established the Office of the Comptroller of the Currency as part of the United States Department of the Treasury and a system of nationally chartered banks. The Act shaped today's national banking system and its support of a uniform U.S. banking policy. Background At the end of the Second Bank of the United States in 1836, the control of banking regimes devolved mostly to the states. Different states adopted policies including a total ban on banking (as in Wisconsin), a single state-chartered bank (as in Indiana and Illinois), limited chartering of banks (as in Ohio), and free entry (as in New York). While the relative success of New York's "free banking" laws led a number of states to also ...
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United States Note
A United States Note, also known as a Legal Tender Note, is a type of paper money that was issued from 1862 to 1971 in the U.S. Having been current for 109 years, they were issued for longer than any other form of U.S. paper money. They were known popularly as "greenbacks", a name inherited from the earlier greenbacks, the Demand Notes, that they replaced in 1862. Often termed Legal Tender Notes, they were named United States Notes by the First Legal Tender Act, which authorized them as a form of fiat currency. During the early 1860s the so-called ''second obligation'' on the reverse of the notes stated: By the 1930s, this obligation would eventually be shortened to: They were originally issued directly into circulation by the U.S. Treasury to pay expenses incurred by the Union during the American Civil War. During the next century, the legislation governing these notes was modified many times and numerous versions were issued by the Treasury. United States Notes tha ...
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John M
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * P ...
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Richard Rowett
Richard Rowett (November 17, 1830 – July 13, 1887) was a leading political figure of nineteenth-century Illinois, a famous animal breeder and an officer in the Union Army during the American Civil War. He was born in East Looe, Cornwall in 1830, the son of William Rowett, a cooper and Jenny nee Williams. Richard was the eighth child in a family of ten (five boys and five girls) and was christened in the Anglican parish of Saint Martin, Looe, on March 24, 1831. In the early 1850's two of the Rowett brothers and a sister emigrated to Australia and in 1851 Richard decided to make a new life in the United States following in the footsteps of his brother Joseph. He arrived in New York in July of that year, and first settled in Johnson County, Indiana but by 1854 he had moved to Carlinville, Illinois. Rowett entered the war as Captain (OF-2), captain of Company K of the 7th Illinois Volunteer Infantry Regiment, 7th Illinois Ihnfantry Regiment, which is considered the first unit from I ...
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Inflation (economics)
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attr ...
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29th Illinois General Assembly
The 29th Illinois General Assembly was elected in November 1874. The session began on January 6, 1875 and adjourned on April 15, 1875. No party had a majority in either chamber. The Republicans had a Plurality (voting), plurality in both chambers, with 24 members in the Senate and 69 in the House, but control of the chambers was held by a coalition of Democrats, third parties, and independents. The third parties represented in this session included the Opposition Party (Illinois), Opposition Party, the Independent Reform Party, and the Democratic Liberal Party (Illinois), Democratic Liberal Party, which took many of its members (including its leader, former governor John M. Palmer (politician), John M. Palmer) and positions from the defunct Liberal Republican Party (United States), Liberal Republican Party of 1872. All of these parties were organized for the first time in 1874 and disappeared shortly thereafter, their members subsequently becoming Democrats, Greenback Party, Gr ...
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United States Democratic Party
The Democratic Party is one of the two major contemporary political parties in the United States. Founded in 1828, it was predominantly built by Martin Van Buren, who assembled a wide cadre of politicians in every state behind war hero Andrew Jackson, making it the world's oldest active political party.M. Philip Lucas, "Martin Van Buren as Party Leader and at Andrew Jackson's Right Hand." in ''A Companion to the Antebellum Presidents 1837–1861'' (2014): 107–129."The Democratic Party, founded in 1828, is the world's oldest political party" states Its main political rival has been the Republican Party since the 1850s. The party is a big tent, and though it is often described as liberal, it is less ideologically uniform than the Republican Party (with major individuals within it frequently holding widely different political views) due to the broader list of unique voting blocs that compose it. The historical predecessor of the Democratic Party is considered to be t ...
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Samuel Etter
Samuel ''Šəmūʾēl'', Tiberian: ''Šămūʾēl''; ar, شموئيل or صموئيل '; el, Σαμουήλ ''Samouḗl''; la, Samūēl is a figure who, in the narratives of the Hebrew Bible, plays a key role in the transition from the biblical judges to the United Kingdom of Israel under Saul, and again in the monarchy's transition from Saul to David. He is venerated as a prophet in Judaism, Christianity, and Islam. In addition to his role in the Hebrew scriptures, Samuel is mentioned in Jewish rabbinical literature, in the Christian New Testament, and in the second chapter of the Quran (although Islamic texts do not mention him by name). He is also treated in the fifth through seventh books of ''Antiquities of the Jews'', written by the Jewish scholar Josephus in the first century. He is first called "the Seer" in 1 Samuel 9:9. Biblical account Family Samuel's mother was Hannah and his father was Elkanah. Elkanah lived at Ramathaim in the district of Zuph. His geneal ...
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