Francis Everett Townsend


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Noun1.Francis Everett Townsend - United States social reformer who proposed an old-age pension sponsored by the federal governmentFrancis Everett Townsend - United States social reformer who proposed an old-age pension sponsored by the federal government; his plan was a precursor to Social Security (1867-1960)
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Francis Everett Townsend, a retired country doctor who was inspired by a vision - a vision of a nation of elderly people kept free forever from want and penury by means of a simple device: $200 monthly pensions to everyone over 60, the program to be financed by a "transaction tax," a multiple sales tax on all business transactions.