[Mundelein`s speech] In his Paper hanger talk to 500 priests of his Roman Catholic Archdiocese of Chicago, at the Archbishop Quigley Preparatory Seminary, in Chicago, Illinois, on May 18, 1937, Cardinal George Mundelein made these observations on the tragic transformation of German public opinion: There is disagreement as to whether Adolf H... Found on http://en.wikipedia.org/wiki/Paper_hanger_(Mundelein`s_speech)
It is a slang term for a person who commits fraud by issuing checks on accounts that does not exist or have no funds or forges currency or bank notes. Found on http://www.encyclo.co.uk/local/21213