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Alexander Campbell (Illinois Politician)
Alexander Campbell (October 4, 1814 – August 8, 1898) was an Illinois businessman, politician, and author. After serving in state and local office as a member of the Whig Party and the Republican Party, Campbell published a book titled ''The True American System of Finance'', becoming a leading figure in the Greenback movement. Campbell's work expanded on that of economist Edward Kellogg, who had advocated for fiat money. Campbell served a single term in the United States House of Representatives as an independent, and won the backing of several delegates for the presidential nomination at the 1876 and 1880 Greenback National Convention. Background Cambell was born on a farm near Concord, Franklin County, Pennsylvania. He attended the public schools; became a clerk in an iron works and was subsequently promoted to superintendent, became wealthy managing mines and steel mills in Pennsylvania, Kentucky, and Missouri until 1850, when he moved to LaSalle, Illinois and became ...
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, 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 metropolitan area, Illinois, Peoria and Rockford metropolitan area, Illinois, Rockford, as well Springfield, Illinois, Springfield, its capital. Of the fifty U.S. states, Illinois has the List of U.S. states and territories by GDP, fifth-largest gross domestic product (GDP), the List of U.S. states and territories by population, sixth-largest population, and the List of U.S. states and territories by area, 25th-largest land area. Illinois has a highly diverse Economy of Illinois, economy, with the global city of Chicago in the northeast, major industrial and agricultural productivity, agricultural hubs in the north and center, and natural resources such as coal, timber, and petroleum in the south. Owing to its centr ...
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Clerk
A clerk is a white-collar worker who conducts general office tasks, or a worker who performs similar sales-related tasks in a retail environment. The responsibilities of clerical workers commonly include record keeping, filing, staffing service counters, screening callers, and other administrative tasks. History and etymology The word ''clerk'' is derived from the Latin ''clericus'' meaning "cleric" or "clergyman", which is the latinisation of the Greek ''κληρικός'' (''klērikos'') from a word meaning a "lot" (in the sense of drawing lots) and hence an "apportionment" or "area of land".Klerikos
Henry George Liddell, Robert Scott, "A Greek-English Lexicon", at Perseus The association derived from medieval courts, where writing was mainly entrusted to

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Illinois's 7th Congressional District
The 7th congressional district of Illinois covers parts of Cook County, as of the 2011 redistricting that followed the 2010 census. All or parts of Bellwood, Chicago, Forest Park, Oak Park, Maywood, and Westchester are included. Democrat Danny K. Davis has represented the district since January 1997. With a Cook Partisan Voting Index rating of D+37, it is the most Democratic district in Illinois. Due to reapportionment every ten years, the 7th district like other districts has relocated in Illinois throughout its history. In the mid-1800s, Abraham Lincoln represented the 7th district before being elected president, although his home now lies within Illinois's 13th congressional district and most of his district's former territory is now located in the 18th district. Recent statewide election results Composition from 2023 As of the 2020 redistricting, this district will still be primarily based in Chicago's Central-South-West Side, as well as central Cook County. The 7 ...
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Forty-fourth Congress
The 44th United States Congress was a meeting of the legislative branch of the United States federal government, consisting of the United States Senate and the United States House of Representatives. It met in Washington, D.C. from March 4, 1875, to March 4, 1877, during the seventh and eighth years of Ulysses S. Grant's presidency. The apportionment of seats in the House of Representatives was based on the Ninth Census of the United States in 1870. For the first time since the American Civil War, the House had a Democratic majority. The Senate maintained a Republican majority. Major events * November 22, 1875: Vice President Henry Wilson died from a stroke * June 25, 1876: Custer's Last Stand at the Battle of Little Bighorn * July 4, 1876: United States Centennial * November 7, 1876: United States general elections, 1876, including the disputed Presidential election of 1876, later settled with the Compromise of 1877 which ended Reconstruction. Major legislation * Janua ...
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Independent (politics)
An independent or non-partisan politician is a politician not affiliated with any political party or bureaucratic association. There are numerous reasons why someone may stand for office as an independent. Some politicians have political views that do not align with the platforms of any political party, and therefore choose not to affiliate with them. Some independent politicians may be associated with a party, perhaps as former members of it, or else have views that align with it, but choose not to stand in its name, or are unable to do so because the party in question has selected another candidate. Others may belong to or support a political party at the national level but believe they should not formally represent it (and thus be subject to its policies) at another level. In running for public office, independents sometimes choose to form a party or alliance with other independents, and may formally register their party or alliance. Even where the word "independent" is used, s ...
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Capital (economics)
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." A typical example is the machinery used in factories. Capital can be increased by the use of the factors of production, which however excludes certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. The total physical capital at any given moment in time is referred to as the capital stock (not to be confused with the capital stock of a business entity). Capital goods, real capital, or capital assets are already-produced, durable goods or any non-fi ...
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Employment
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an endea ...
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United States Notes
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 that we ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ...
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History Of Central Banking In The United States
This history of central banking in the United States encompasses various bank regulations, from early wildcat banking practices through the present Federal Reserve System. 1781–1836: Bank of North America and First and Second Bank of the United States Bank of North America Some Founding Fathers were strongly opposed to the formation of a national banking system; the fact that England tried to place the colonies under the monetary control of the Bank of England was seen by many as the "last straw" of oppression which led directly to the American Revolutionary War. Others were strongly in favor of a national bank. Robert Morris, as Superintendent of Finance, helped to open the Bank of North America in 1782, and has been accordingly called by Thomas Goddard "the father of the system of credit and paper circulation in the United States". As ratification in early 1781 of the Articles of Confederation had extended to Congress the sovereign power to generate bills of credit ...
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Civil War (United States)
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis ...
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Constitutional Convention (political Meeting)
A constituent assembly (also known as a constitutional convention, constitutional congress, or constitutional assembly) is a body assembled for the purpose of drafting or revising a constitution. Members of a constituent assembly may be elected by popular vote, drawn by sortition, appointed, or some combination of these methods. Assemblies are typically considered distinct from a regular legislature, although members of the legislature may compose a significant number or all of its members. As the fundamental document constituting a state, a constitution cannot normally be modified or amended by the state's normal legislative procedures in some jurisdictions; instead a constitutional convention or a constituent assembly, the rules for which are normally laid down in the constitution, must be set up. A constituent assembly is usually set up for its specific purpose, which it carries out in a relatively short time, after which the assembly is dissolved. A constituent assembly is a f ...
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