He was a doctor and a real estate worker, he lost his job during the great depression and came up with the idea that anyone over the age of 60 who are retiring get 200 dollars per month, they have to spend that money within 30 days, this would help pump up the community.
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Dr. Francis Townsend is a American physician best known for his revolving old-age pension proposal during the Great Depression. He also helped with the Social Security system.
Rev. Francis E. Clark House was created in 1895.
D. Harry Hopkins
Redistribute wealth.
Francis E. Townsend
Francis E. Townsend.
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Otto von Bismarck, the Chancellor of the German Empire, developed a plan for monthly pensions in the late 19th century. This system laid the foundation for modern social security programs in many countries.
E. Townsend Mix was born in 1831.
E. Townsend Mix died in 1890.
Charles E. Townsend died on 1924-08-03.
Charles E. Townsend was born on 1856-08-15.
Dr. Francis Townsend is a American physician best known for his revolving old-age pension proposal during the Great Depression. He also helped with the Social Security system.
Francis Townsend
Francis E. Townsend
Dr. Francis Townsend is a American physician best known for his revolving old-age pension proposal during the Great Depression. He also helped with the Social Security system.