Quotes for All
The middle of ‘America’s Women’ is about the Civil War, and how women, black and white, confronted slavery and abolition. As in every other period of crisis, the rules of sexual decorum were suspended due to emergency. Gail Collins
In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The … Read more
There is no time in American history in which there was more economic conflict between segments of the population than there was prior to the Civil War. G. Edward Griffin
If Lincoln’s primary goal in the War was not the abolition of slavery but simply to preserve the Union, the question arises: Why did the Union need preserving? Or, more pointedly, why did the Southern states want to secede? G. Edward Griffin
In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and … Read more
The nation’s first experiment with the income tax was tried at this time; another violation of the Constitution. G. Edward Griffin
The Civil War was started over economic issues, not slavery. The War was not popular in the North until the issue of slavery was added at a later time to turn it into a moral crusade. G. Edward Griffin
Converting the war into an antislavery crusade was a brilliant move on Lincoln’s part, and it resulted in a surge of voluntary recruits into the Union army. But this did not last. Northerners may have disapproved of slavery in the South but, once the bloodletting began in earnest, their willingness to die for that conviction … Read more
During the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year of armed conflict they were $475 million and, by 1865, had risen to one billion, three-hundred million dollars. On the income side of the ledger, taxes covered only about eleven per cent of that figure. … Read more
American banks may have been unable to supply adequate loans, but the Rothschild consortium in Britain was both able and willing. It was during this time that the Rothschilds were consolidating their new industrial holdings in the United States through their agent, August Belmont. Derek Wilson tells us: They owned or had major shareholdings in … Read more