As Theodore Roosevelt used it ... the bully was the adjectival sense meaning 'fine; excellent'. .... Roosevelt, in other words, was saying that he had a great position

Jackie: wasn't Teddy the one who was always saying things were "bully", meaning (I think) wonderful?

Father Steve: When TR used the expression, he meant that the lectern afforded him by the presidency was a wonderful, delightful, grand, superb, excellent pulpit

Hey, great minds think alike, Jackie and Father Steve.

Bully for us! :)