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Book Sovereignty and an Empty Purse

Download or read book Sovereignty and an Empty Purse written by Bray Hammond and published by Princeton University Press. This book was released on 2014-07-14 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sequel to his Pulitzer Prize-winning Banks and Politics in America from the Revolution to the Civil War, this book by Bray Hammond focuses on how Washington struggled financially to settle the Civil War and how its measures spurred the growth of federal government. Originally published in 1970. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Book Sovereignty and an empty purse

Download or read book Sovereignty and an empty purse written by Bray Hammond and published by . This book was released on 1970 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Great Civil War

    Book Details:
  • Author : Russell Frank Weigley
  • Publisher : Indiana University Press
  • Release : 2000
  • ISBN : 9780253337382
  • Pages : 662 pages

Download or read book A Great Civil War written by Russell Frank Weigley and published by Indiana University Press. This book was released on 2000 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major new interpretation of the events which continue to dominate the American imagination and identity.

Book Justin Smith Morrill

Download or read book Justin Smith Morrill written by Coy F. Cross II and published by MSU Press. This book was released on 1999-07-31 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smith Morrill: Almost every land-grant college or university in the United States has a building named for him; but are his contributions truly recognized and understood? Here is the first biography on this renowned statesman in six decades. Representative and then senator from Vermont, Morrill began his tenure in Congress in 1855 and served continuously for forty-three years. His thirty- one years in the upper chamber alone earned him the title "Father of the Senate." Coy F. Cross reveals a complex and influential political figure who, as chair of the House Ways and Means Committee, and then the Senate Finance Committee, influenced American economic policy for nearly fifty years. Morrill's most-recognized achievements are the pieces of legislation that bear his name: the Morrill land-grant college acts of 1862 and 1890. His legacy, inspired by the Jeffersonian ideal of an educated electorate, revolutionized American higher education. Prior to this legislation, colleges and universities were open primarily to affluent white men and studies were limited largely to medicine, theology, and philosophy. Morrill's land-grant acts eventually opened American higher education to the working class, women, minorities, and immigrants. Since 1862, more than 20 million people have graduated from the 104 land-grant colleges and universities spawned by his grand vision. In this long-overdue study, Cross shows the "Father of Land-Grant Colleges" to be one of America's formative nineteenth- century political figures.

Book Patriot Fires

    Book Details:
  • Author : Melinda Lawson
  • Publisher :
  • Release : 2002
  • ISBN :
  • Pages : 296 pages

Download or read book Patriot Fires written by Melinda Lawson and published by . This book was released on 2002 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Civil War is often credited with giving birth to the modern American state. The demands of warfare led to the centralization of business and industry and to an unprecedented expansion of federal power. But the Civil War did more than that: as Melinda Lawson shows, it brought about a change in American national identity, redefining the relationship between the individual and the government. Though much has been written about the Civil War and the making of the political and economic American nation, this is the first comprehensive study of the role that the war played in the shaping of the cultural and ideological nation-state. In Patriot Fires, Lawson explains how, when threatened by the rebellious South, the North came together as a nation and mobilized its populace for war. With no formal government office to rally citizens, the job of defining the war in patriotic terms fell largely to private individuals or associations, each with their own motives and methods. Lawson explores how these "interpreters" of the war helped instill in Americans a new understanding of loyalty to country. Through efforts such as sanitary fairs to promote the welfare of soldiers, the war bond drives of Jay Cooke, and the establishment of Union Leagues, Northerners cultivated a new sense of patriotism rooted not just in the subjective American idea, but in existing religious, political, and cultural values. Moreover, Democrats and Republicans, Abolitionists, and Abraham Lincoln created their own understandings of American patriotism and national identity, raising debates over the meaning of the American "idea" to new heights. Examining speeches, pamphlets, pageants, sermons, and assemblies, Lawson shows how citizens and organizations constructed a new kind of nationalism based on a nation of Americans rather than a union of states—a European-styled nationalism grounded in history and tradition and celebrating the preeminence of the nation-state. Original in its insights and innovative in its approach, Patriot Fires is an impressive work of cultural and intellectual history. As America engages in new conflicts around the globe, Lawson shows us that issues addressed by nation builders of the nineteenth century are relevant once again as the meaning of patriotism continues to be explored.

Book A People s Contest

Download or read book A People s Contest written by Phillip Shaw Paludan and published by . This book was released on 1996 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pt. 1. Learning war: Communities go to war ; Forging foreign and domestic weapons ; The ways of making war ; The dialogue of politics, 1861-1862 -- pt. 2. Making war: Congress and the capitalists ; Congress and the second "American system" ; Agricuklture and the benefits of war ; Inductrial workers and the costs of war ; The meanings of emancipation ; The dialogue of politics : loyalty and unity, 1863-1864 -- pt. 3. Finding war's meanings: World images of war ; Frankenstein and Everyman : Sherman, Grant, and modern war ; The scars of war ; The coming of the Lord : religion in the Civil War era -- Conclusion.

Book A Nation of Counterfeiters

    Book Details:
  • Author : Stephen Mihm
  • Publisher : Harvard University Press
  • Release : 2009-06-30
  • ISBN : 0674041011
  • Pages : 470 pages

Download or read book A Nation of Counterfeiters written by Stephen Mihm and published by Harvard University Press. This book was released on 2009-06-30 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the Civil War, the United States did not have a single, national currency. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation. Their success, Mihm reveals, is more than an entertaining tale of criminal enterprise: it is the story of the rise of a country defined by freewheeling capitalism and little government control. Mihm shows how eventually the older monetary system was dismantled, along with the counterfeit economy it sustained.

Book Bonds of War

    Book Details:
  • Author : David K. Thomson
  • Publisher : UNC Press Books
  • Release : 2022-02-16
  • ISBN : 1469666626
  • Pages : 289 pages

Download or read book Bonds of War written by David K. Thomson and published by UNC Press Books. This book was released on 2022-02-16 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does one package and sell confidence in the stability of a nation riven by civil strife? This was the question that loomed before the Philadelphia financial house of Jay Cooke & Company,&8239;entrusted&8239;by the US government with an unprecedented sale of bonds to finance the Union war effort in the early days of the American Civil War.&8239;How the government and its agents marketed these bonds revealed a version of the war the public was willing to buy and buy into, based not just in the full faith and credit of the United States but also in the success of its armies and its long-term vision for open markets. From Maine to California, and in foreign halls of power and economic influence,&8239;thousands of agents were deployed to&8239;sell&8239;a clear message: Union victory was unleashing the American economy itself. This fascinating work of&8239;financial and political history&8239;during&8239;the Civil War&8239;era&8239;shows&8239;how the marketing and sale of bonds crossed the Atlantic to Europe and beyond, helping ensure foreign countries' vested interest in the Union's success. Indeed, David K. Thomson demonstrates how Europe, and ultimately all corners of the globe, grew deeply interdependent on American finance during, and in the immediate aftermath of, the American Civil War.&8239;

Book A Counterfeiter s Paradise

Download or read book A Counterfeiter s Paradise written by Ben Tarnoff and published by Penguin. This book was released on 2012-03-06 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This tale of counterfeiting is a treat for everyone...a delightful history lesson...Admirable and altogether charming." -The Washington Post As Ben Tarnoff reminds us in this entertaining narrative history, get-rich-quick schemes are as old as America itself. Indeed, the speculative ethos that pervades Wall Street today, Tarnoff suggests, has its origins in the counterfeiters who first took advantage of America's turbulent economy. In A Counterfeiter's Paradise, Tarnoff chronicles the lives of three colorful counterfeiters who flourished in early America, from the colonial period to the Civil War. Driven by desire for fortune and fame, each counterfeiter cunningly manipulated the political and economic realities of his day. Through the tales of these three memorable hustlers, Tarnoff tells the larger tale of America's financial coming-of-age, from a patchwork of colonies to a powerful nation with a single currency.

Book Democracy and the Origins of the American Regulatory State

Download or read book Democracy and the Origins of the American Regulatory State written by Samuel DeCanio and published by Yale University Press. This book was released on 2015-10-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political scientist Samuel DeCanio examines how political elites used high levels of voter ignorance to create a new type of regulatory state with lasting implications for American politics. Focusing on the expansion of bureaucratic authority in late-nineteenth-century America, DeCanio’s exhaustive archival research examines electoral politics, the Treasury Department’s control over monetary policy, and the Interstate Commerce Commission’s regulation of railroads to examine how conservative politicians created a new type of bureaucratic state to insulate policy decisions from popular control.

Book Ways and Means

    Book Details:
  • Author : Roger Lowenstein
  • Publisher : Penguin
  • Release : 2023-03-07
  • ISBN : 0735223572
  • Pages : 457 pages

Download or read book Ways and Means written by Roger Lowenstein and published by Penguin. This book was released on 2023-03-07 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Captivating . . . [Lowenstein] makes what subsequently occurred at Treasury and on Wall Street during the early 1860s seem as enthralling as what transpired on the battlefield or at the White House.” —Harold Holzer, Wall Street Journal “Ways and Means, an account of the Union’s financial policies, examines a subject long overshadowed by military narratives . . . Lowenstein is a lucid stylist, able to explain financial matters to readers who lack specialized knowledge.” —Eric Foner, New York Times Book Review From renowned journalist and master storyteller Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history Upon his election to the presidency, Abraham Lincoln inherited a country in crisis. Even before the Confederacy’s secession, the United States Treasury had run out of money. The government had no authority to raise taxes, no federal bank, no currency. But amid unprecedented troubles Lincoln saw opportunity—the chance to legislate in the centralizing spirit of the “more perfect union” that had first drawn him to politics. With Lincoln at the helm, the United States would now govern “for” its people: it would enact laws, establish a currency, raise armies, underwrite transportation and higher education, assist farmers, and impose taxes for them. Lincoln believed this agenda would foster the economic opportunity he had always sought for upwardly striving Americans, and which he would seek in particular for enslaved Black Americans. Salmon Chase, Lincoln’s vanquished rival and his new secretary of the Treasury, waged war on the financial front, levying taxes and marketing bonds while desperately battling to contain wartime inflation. And while the Union and Rebel armies fought increasingly savage battles, the Republican-led Congress enacted a blizzard of legislation that made the government, for the first time, a powerful presence in the lives of ordinary Americans. The impact was revolutionary. The activist 37th Congress legislated for homesteads and a transcontinental railroad and involved the federal government in education, agriculture, and eventually immigration policy. It established a progressive income tax and created the greenback—paper money. While the Union became self-sustaining, the South plunged into financial free fall, having failed to leverage its cotton wealth to finance the war. Founded in a crucible of anticentralism, the Confederacy was trapped in a static (and slave-based) agrarian economy without federal taxing power or other means of government financing, save for its overworked printing presses. This led to an epic collapse. Though Confederate troops continued to hold their own, the North’s financial advantage over the South, where citizens increasingly went hungry, proved decisive; the war was won as much (or more) in the respective treasuries as on the battlefields. Roger Lowenstein reveals the largely untold story of how Lincoln used the urgency of the Civil War to transform a union of states into a nation. Through a financial lens, he explores how this second American revolution, led by Lincoln, his cabinet, and a Congress studded with towering statesmen, changed the direction of the country and established a government of the people, by the people, and for the people.

Book An Uncommon Time

    Book Details:
  • Author : Paul Alan Cimbala
  • Publisher : Fordham Univ Press
  • Release : 2002
  • ISBN : 9780823221950
  • Pages : 394 pages

Download or read book An Uncommon Time written by Paul Alan Cimbala and published by Fordham Univ Press. This book was released on 2002 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cimbala (history, Fordham U., New York) and Miller (history, Saint Joseph's U., Philadelphia) introduce a dozen contributions on the Civil War battlefront's effects on the Northern homefront. Authors (some from the Northern US) explore the war's impact on such areas as journalism, popular literature, bond drive-construction of patriotism, Republican ideology on race, women's growing sense of entitlement, the Smithsonian Institution, dissent, laws on the return of slaves to the South, and the Federal system. Annotation copyrighted by Book News, Inc., Portland, OR

Book Banking Modern America

Download or read book Banking Modern America written by Jesse Stiller and published by Taylor & Francis. This book was released on 2016-10-04 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: The passage of the National Currency Act of 1863 gave the United States its first uniform paper money, its first nationally chartered and supervised commercial banks, and its first modern regulatory agency: the Office of the Comptroller of the Currency. The law marked a milestone in the development of the U.S. financial system and the modern administrative state. Yet its importance has been largely overlooked. Banking Modern America aims to address that gap. With its unique multidisciplinary approach that brings together scholars from disciplines including history, economics, the law, and finance, this book lends a new dimension to studying the origins and development of a system that touched key aspects of modern America. Chapters examine key episodes in the history of Federal banking, looking at the Civil War origins of the national banking system and the practical challenges of setting up a new system of money and banking. The essays in this volume explore the tensions that arose between bankers and Federal regulators, between governmental jurisdictions, and even between regulators themselves. This book will be essential reading for academics of banking and finance, regulation, numismatics and history, as well as professional economists, historians and policy makers interested in the history of the US financial system.

Book Stealing Lincoln s Body

    Book Details:
  • Author : Thomas J. CRAUGHWELL
  • Publisher : Harvard University Press
  • Release : 2009-06-30
  • ISBN : 0674029976
  • Pages : 286 pages

Download or read book Stealing Lincoln s Body written by Thomas J. CRAUGHWELL and published by Harvard University Press. This book was released on 2009-06-30 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the night of the 1876 presidential election, a gang of counterfeiters attempted to steal the entombed embalmed body of Abraham Lincoln and hold it for ransom. Craughwell returns to this bizarre, and largely forgotten, event with the first book to place the grave robbery in historical context. This rousing story of hapless con men, intrepid federal agents, and ordinary Springfield citizens offers an unusual glimpse into late-nineteenth-century America.

Book New Perspectives on the Union War

Download or read book New Perspectives on the Union War written by Gary W. Gallagher and published by Fordham Univ Press. This book was released on 2019-06-04 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Gary Gallagher and Elizabeth Varon, two of the most prominent nineteenth-century American historians in the nation, New Perspectives on the Union War provides a more nuanced understanding of what “Union” meant in the Civil War North by exploring how various groups of northerners conceived of the term. The essays in this volume demonstrate that while there was a broad consensus that the war was fought, or should be fought, for the cause of Union, there was bitter disagreement over how to define that cause—debate not only between political camps but also within them. The chapters touch on economics, politics, culture, military affairs, ethnicity, and questions relating to just war. Contributors: Michael T. Caires, Frank Cirillo, D.H. Dilbeck, Jack Furniss, Jesse George-Nichol, William B. Kurtz, Peter C. Luebke, and Tamika Nunley

Book Bank Notes and Shinplasters

    Book Details:
  • Author : Joshua R. Greenberg
  • Publisher : University of Pennsylvania Press
  • Release : 2020-07-10
  • ISBN : 0812297148
  • Pages : 257 pages

Download or read book Bank Notes and Shinplasters written by Joshua R. Greenberg and published by University of Pennsylvania Press. This book was released on 2020-07-10 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The colorful history of paper money before the Civil War Before Civil War greenbacks and a national bank network established a uniform federal currency in the United States, the proliferation of loosely regulated banks saturated the early American republic with upwards of 10,000 unique and legal bank notes. This number does not even include the plethora of counterfeit bills and the countless shinplasters of questionable legality issued by unregulated merchants, firms, and municipalities. Adding to the chaos was the idiosyncratic method for negotiating their value, an often manipulative face-to-face discussion consciously separated from any haggling over the price of the work, goods, or services for sale. In Bank Notes and Shinplasters, Joshua R. Greenberg shows how ordinary Americans accumulated and wielded the financial knowledge required to navigate interpersonal bank note transactions. Locating evidence of Americans grappling with their money in fiction, correspondence, newspapers, printed ephemera, government documents, legal cases, and even on the money itself, Greenberg argues Americans, by necessity, developed the ability to analyze the value of paper financial instruments, assess the strength of banking institutions, and even track legislative changes that might alter the rules of currency circulation. In his examination of the doodles, calculations, political screeds, and commercial stamps that ended up on bank bills, he connects the material culture of cash to financial, political, and intellectual history. The book demonstrates that the shift from state-regulated banks and private shinplaster producers to federally authorized paper money in the Civil War era led to the erasure of the skill, knowledge, and lived experience with banking that informed debates over economic policy. The end result, Greenberg writes, has been a diminished public understanding of how currency and the financial sector operate in our contemporary era, from the 2008 recession to the rise of Bitcoin.

Book A Hercules in the Cradle

Download or read book A Hercules in the Cradle written by Max M. Edling and published by University of Chicago Press. This book was released on 2023-09-05 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the origin and evolution of American public finance and shows how the nation’s rise to great-power status in the nineteenth century rested on its ability to go into debt. Two and a half centuries after the American Revolution the United States stands as one of the greatest powers on earth and the undoubted leader of the western hemisphere. This stupendous evolution was far from a foregone conclusion at independence. The conquest of the North American continent required violence, suffering, and bloodshed. It also required the creation of a national government strong enough to go to war against, and acquire territory from, its North American rivals. In A Hercules in the Cradle, Max M. Edling argues that the federal government’s abilities to tax and borrow money, developed in the early years of the republic, were critical to the young nation’s ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace.