Paper currency in the US (which features pictures of certain deceased US presidents). Hey, can I borrow some dead presidents? I don't get paid till tomorrow.
dead president
n. a piece of U.S. paper money. (Refers to the pictures of presidents on the bills.) This silly magazine costs three dead presidents!
President Wilson
n. an erection. (Punning on Woodrow = woody Wilson.) I am always happy to see President Wilson come round.