Francis Townsend - Revision history

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "\[\[Category:(.)American(.)\]\]" to ""

2024-02-22T01:10:38Z

Text replacement - "\[\[Category:(.*)American(.*)\]\]" to ""

← Older revision		Revision as of 16:10, 21 February 2024
Line 25:		Line 25:
	[[Category:economic theorists]]		[[Category:economic theorists]]
	[[Category:physicians]]		[[Category:physicians]]
	~~[[Category:American political movements]]~~
	~~[[Category:Founders of American political parties]]~~
	==See also==		==See also==
	* [[Share Our Wealth]]		* [[Share Our Wealth]]
	* [[Lineage of American Fascist organizations and individuals]]		* [[Lineage of American Fascist organizations and individuals]]

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "Nationalist" to "Fascist"

2024-02-15T19:47:34Z

Text replacement - "Nationalist" to "Fascist"

← Older revision		Revision as of 10:47, 15 February 2024
Line 29:		Line 29:
	==See also==		==See also==
	* [[Share Our Wealth]]		* [[Share Our Wealth]]
	* [[Lineage of American ~~Nationalist~~ organizations and individuals]]		* [[Lineage of American Fascist organizations and individuals]]

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "" to "{{Reflist|2}}"

2024-02-13T22:00:41Z

Text replacement - "<references/>" to "{{Reflist|2}}"

← Older revision		Revision as of 13:00, 13 February 2024
Line 19:		Line 19:

	==Notes==		==Notes==
	<small>~~<references/>~~</small>		<small>{{Reflist\|2}}</small>

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "Category:Nationalist " to "Category:"

2024-02-09T12:42:53Z

Text replacement - "Category:Nationalist " to "Category:"

← Older revision		Revision as of 03:42, 9 February 2024
Line 23:		Line 23:


	[[Category:~~Nationalist~~ economic theorists]]		[[Category:economic theorists]]
	[[Category:physicians]]		[[Category:physicians]]
	[[Category:American political movements]]		[[Category:American political movements]]

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "Categoryxxx" to ""

2024-02-07T23:43:28Z

Text replacement - "Categoryxxx" to ""

← Older revision		Revision as of 14:43, 7 February 2024
Line 21:		Line 21:
	<small><references/></small>		<small><references/></small>

	~~[[Categoryxxx]]~~
	~~[[Categoryxxx]]~~
	[[Category:Nationalist economic theorists]]		[[Category:Nationalist economic theorists]]
	[[Category:physicians]]		[[Category:physicians]]

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "Category:([0-9][0-9][0-9][0-9]) deaths" to "Categoryxxx"

2024-02-07T20:55:48Z

Text replacement - "Category:([0-9][0-9][0-9][0-9]) deaths" to "Categoryxxx"

← Older revision		Revision as of 11:55, 7 February 2024
Line 22:		Line 22:

	[[Categoryxxx]]		[[Categoryxxx]]
	[[~~Category:1960 deaths~~]]		[[Categoryxxx]]
	[[Category:Nationalist economic theorists]]		[[Category:Nationalist economic theorists]]
	[[Category:physicians]]		[[Category:physicians]]

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: Text replacement - "Category:([0-9][0-9][0-9][0-9]) births" to "Categoryxxx"

2024-02-07T07:02:52Z

Text replacement - "Category:([0-9][0-9][0-9][0-9]) births" to "Categoryxxx"

← Older revision		Revision as of 22:02, 6 February 2024
Line 21:		Line 21:
	<small><references/></small>		<small><references/></small>

	[[~~Category:1867 births~~]]		[[Categoryxxx]]
	[[Category:1960 deaths]]		[[Category:1960 deaths]]
	[[Category:Nationalist economic theorists]]		[[Category:Nationalist economic theorists]]

𝗔𝗿𝗰𝗵𝗮𝗻𝗴𝗲𝗹: 1 revision imported

2024-02-06T22:03:26Z

1 revision imported

← Older revision	Revision as of 13:03, 6 February 2024
(No difference)

en>NatAll75 at 13:30, 2 April 2022

2022-04-02T13:30:44Z

New page

[[File:Ftownsend.jpeg|thumb|right|Dr. Francis Townsend]]
Dr. '''Francis Everett Townsend''' (January 13, 1867 – September 1, 1960) was the originator of a retirement pension plan (Townsend Plan) which forced President [[Franklin Roosevelt]] to enact his own legislation for the elderly know as [[Social Security]].

==Early life==
Francis Townsend was born in into an impoverished farm family in Fairbury, Illinois. Shortly after his birth the family moved to Nebraska where he grew-up as a boy. As a young man he worked as a farmer in Kansas, land speculator in Los Angeles, and a laborer in Colorado. In 1903 Francis Townsend graduated from Omaha Medical College. In [[World War I]] he served as a doctor in the Army Medical Corps.<ref>''Congressional Record, V. 153, Pt. 12'', June 18, 2007, page 16128</ref> After the war he moved to California and started a medical practice.

==Townsend Plan==
Dr. Townsend was a [[Long Beach, California]] physician employed by the city health department when he lost his post in the [[Great Depression]]. Townsend saw the economic suffering around him--especially the elderly--and established Old Age Revolving Pensions, Ltd. in January 1934.<ref>''Justice between Generations: the Growing Power of the Elderly in America'', By Matthew C. Price, page 62</ref>

The Townsend Plan, as it became known, consisted of a 2% federal sales tax on all commercial transactions. From the money collected, a pension of $200 a month would be paid to all citizens over 60. To qualify the pensioner would have to retire completely from the workforce and spend the entire amount within 30 days. Townsend believed his plan would open jobs to a younger workforce and stimulate the economy.<ref>''United States Social Security: A Reference Handbook'', By Steven Greene Livingston, page 154</ref>

==Townsend movement==
Real estate agent [[Robert Earl Clements]], a local friend of Dr. Townsend, took the idea and promoted the plan around the country creating some 4500 Townsend Clubs in 1935 with 3.5 million members. By 1936 twenty million Americans had signed petitions asking Congress to enact the Townsend Plan.<ref>''Lessons from the Great Depression for Dummies'', By Steve Wiegand, page 146</ref> The ''Townsend National Weekly'' was a newspaper issued to promote the movement.

The Townsendites, as they were called, had a evangelical vigor to their movement as they took their message to others.<ref>''Justice between Generations: the Growing Power of the Elderly in America'', By Matthew C. Price, page 62</ref>

==Union Party==
In 1936 Townsend joined with Father [[Charles Coughlin]] and [[Gerald L.K. Smith]] in support of the [[Union Party (United States)|Union Party]].

==Notes==
<small><references/></small>

[[Category:1867 births]]
[[Category:1960 deaths]]
[[Category:Nationalist economic theorists]]
[[Category:physicians]]
[[Category:American political movements]]
[[Category:Founders of American political parties]]
==See also==
* [[Share Our Wealth]]
* [[Lineage of American Nationalist organizations and individuals]]