Download or read book Confederate Finance written by Richard Cecil Todd and published by University of Georgia Press. This book was released on 2009-09-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Confederate Finance, first published in 1954, looks at the measures taken by the Confederacy to stabilize its currency and offer a basis for foreign exchange. By the end of the Civil War, the Confederacy had resorted to a number of financial expedients, including the most desperate of measures. The Confederate government seized the property of enemies, levied direct taxes, and placed duties on exports and imports. In addition, donations and gifts were gratefully accepted. All the while, treasury notes flooded the market, and loans were floated in an attempt to continue the Confederacy's existence. Richard Cecil Todd shows how these measures were used by the Confederate government to meet its obligations at home and abroad. He also discusses the organization and personnel of the Confederate Treasury Department.
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;
Download or read book Ways and Means written by Roger Lowenstein and published by Penguin. This book was released on 2022-03-08 with total page 449 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.
Download or read book Debtor Diplomacy written by Jay Sexton and published by Clarendon Press. This book was released on 2005 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of foreign capital's role in the American Civil War.
Download or read book The Ascent of Money written by Niall Ferguson and published by Penguin. This book was released on 2008-11-13 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.
Download or read book How the South Won the Civil War written by Heather Cox Richardson and published by Oxford University Press. This book was released on 2020-03-12 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of The Washington Post's 50 Notable Works of Nonfiction While the North prevailed in the Civil War, ending slavery and giving the country a "new birth of freedom," Heather Cox Richardson argues in this provocative work that democracy's blood-soaked victory was ephemeral. The system that had sustained the defeated South moved westward and there established a foothold. It was a natural fit. Settlers from the East had for decades been pushing into the West, where the seizure of Mexican lands at the end of the Mexican-American War and treatment of Native Americans cemented racial hierarchies. The South and West equally depended on extractive industries-cotton in the former and mining, cattle, and oil in the latter-giving rise a new birth of white male oligarchy, despite the guarantees provided by the 13th, 14th, and 15th Amendments, and the economic opportunities afforded by expansion. To reveal why this happened, How the South Won the Civil War traces the story of the American paradox, the competing claims of equality and subordination woven into the nation's fabric and identity. At the nation's founding, it was the Eastern "yeoman farmer" who galvanized and symbolized the American Revolution. After the Civil War, that mantle was assumed by the Western cowboy, singlehandedly defending his land against barbarians and savages as well as from a rapacious government. New states entered the Union in the late nineteenth century and western and southern leaders found yet more common ground. As resources and people streamed into the West during the New Deal and World War II, the region's influence grew. "Movement Conservatives," led by westerners Barry Goldwater, Richard Nixon, and Ronald Reagan, claimed to embody cowboy individualism and worked with Dixiecrats to embrace the ideology of the Confederacy. Richardson's searing book seizes upon the soul of the country and its ongoing struggle to provide equal opportunity to all. Debunking the myth that the Civil War released the nation from the grip of oligarchy, expunging the sins of the Founding, it reveals how and why the Old South not only survived in the West, but thrived.
Download or read book Confederate Treasury Certificates written by George B. Tremmel and published by . This book was released on 2010 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Companion to the U S Civil War written by Aaron Sheehan-Dean and published by John Wiley & Sons. This book was released on 2014-02-05 with total page 1223 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Companion to the U.S. Civil War presents a comprehensive historiographical collection of essays covering all major military, political, social, and economic aspects of the American Civil War (1861-1865). Represents the most comprehensive coverage available relating to all aspects of the U.S. Civil War Features contributions from dozens of experts in Civil War scholarship Covers major campaigns and battles, and military and political figures, as well as non-military aspects of the conflict such as gender, emancipation, literature, ethnicity, slavery, and memory
Download or read book Confederate Georgia written by Thomas Conn Bryan and published by University of Georgia Press. This book was released on 2009-09-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1953, Confederate Georgia describes life in Georgia during the Civil War. T. Conn Bryan presents the political, military, economic, and social aspects of life, including secession, preparations for war, industry and transportation, wartime finance, desertion and disloyalty, women in the conflict, social life and diversions, the press and literary pursuits, education, and religion. Although Georgia's relations with the Confederate government are fully treated, the main emphasis is on activities within the state. Numerous quotations from letters, diaries, and other source materials give a personalized view of the war and capture the spirit of the times.
Download or read book Confederate States Paper Money written by Arlie R. Slabaugh and published by Penguin. This book was released on 2008-11-11 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 10th Edition of Confederate States Paper Money covers both Confederate and Southern States issues of the American Civil War (1861 - 1865) and the Reconstruction period • Know the value of your notes; prices are listed for six grades. • Exclusive photographs • Date on uncut sheets, advertising notes, errors, bogus and enigmatical issues. • The most complete coverage of Upham and other facsimile notes. • Fascinating information about the Confederacy and the individual Southern States. Fore more than 40 years this catalog has been a primary source of data on Confederate currency.
Download or read book Financing Armed Conflict Volume 1 written by Thomas M. Meagher and published by Springer. This book was released on 2016-12-04 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first part of a two-volume series examines in detail the financing of America’s major wars from the American Revolution to the Civil War. It interweaves analyses of political policy, military strategy and operations, and war finance and economic mobilization with examinations of the events of America’s major armed conflicts, offering useful case studies for students of military history and spending policy, policymakers, military comptrollers, and officers in training.
Download or read book Confederate States Paper Money written by George S. Cuhaj and published by Penguin. This book was released on 2012-11-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intriguing and Authoritative! Filled with fascinating history and an easy-to-use, full-color catalog of issues, the twelfth edition of Confederate States Paper Money will delight and inform every Confederate note collector, from novice to expert. It features: • Full-color images of all major Confederate States currency from the Civil War through Reconstruction. • Authoritative pricing in up to six grades for Confederate state issues. • Complete coverage of Upham and other facsimile notes, as well as bogus notes, enigmatical issues, advertising notes, uncut sheets and errors. Featuring the work of text of legendary numismatist Arlie Slabaugh and pricing by William Bradimore, no paper money enthusiast's library is complete without Confederate States Paper Money, 12th edition.
Download or read book The Elements of Confederate Defeat written by and published by University of Georgia Press. This book was released on 1988 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Why the South Lost the Civil War, four historians considered the dominant explanations of southern defeat. At end, the authors found that states' rights disputes, the Union blockade, and inadequate southern forces did not fully account for the surrender. Rather, they concluded, the South lacked the will to win. Its strength sapped by a faltering Confederate nationalism and weakened by a peculiar brand of evangelical Protestantism, the South withdrew from a war not yet lost on the field of battle. Roughly one-half the size of its parent study, The Elements of Confederate Defeat retains all the essential arguments of the earlier edition, forming for the student a book that at once follows the events of the war and presents the major interpretations of its outcome in the South.
Download or read book Debtor Diplomacy written by Jay Sexton and published by Oxford University Press. This book was released on 2005-07-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States was a debtor nation in the mid-nineteenth century, with half of its national debt held overseas. Lacking the resources to develop the nation and to fund the wars necessary to expand and then preserve it, the United States looked across the Atlantic for investment capital. The need to obtain foreign capital greatly influenced American foreign policy, principally relations with Britain. The intersection of finance and diplomacy was particularly evident during the Civil War when both the North and South integrated attempts to procure loans from European banks into their larger international strategies. Furthermore, the financial needs of the United States (and the Confederacy) imparted significant political power to an elite group of London-based financiers who became intimately involved in American foreign relations during this period. This study explores and assesses how the United State's need for capital influenced its foreign relations in the tumultuous years wedged between the two great financial crises of the nineteenth century, 1837 to 1873. Drawing on the unused archives of London banks and the papers of statesmen on both sides of the Atlantic, this work illuminates our understanding of mid-nineteenth-century American foreign relations by highlighting how financial considerations influenced the formation of foreign policy and functioned as a peace factor in Anglo-American relations. This study also analyses a crucial, but ignored, dimension of the Civil War - the efforts of both the North and the South to attract the support of European financiers. Though foreign contributions to each side failed to match the hopes of Union and Confederate leaders, the financial diplomacy of the Civil War shaped the larger foreign policy strategies of both sides and contributed to both the preservation of British neutrality and the ultimate defeat of the Confederacy.
Download or read book Other People s Money written by Sharon Ann Murphy and published by Johns Hopkins University Press. This book was released on 2017-03-15 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the contentious world of nineteenth-century banking shaped the United States. Pieces of paper that claimed to be good for two dollars upon redemption at a distant bank. Foreign coins that fluctuated in value from town to town. Stock certificates issued by turnpike or canal companies—worth something . . . or perhaps nothing. IOUs from farmers or tradesmen, passed around by people who could not know the person who first issued them. Money and banking in antebellum America offered a glaring example of free-market capitalism run amok—unregulated, exuberant, and heading pell-mell toward the next “panic” of burst bubbles and hard times. In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering a national bank, to Andrew Jackson’s role in the Bank War of the early 1830s, to the problems of financing a large-scale war. She reveals how, ultimately, the monetary and banking structures that emerged from the Civil War also provided the basis for our modern financial system, from its formation under the Federal Reserve in 1913 to the present. Touching on the significant role that numerous historical figures played in shaping American banking—including Alexander Hamilton, James Madison, Benjamin Franklin, Henry Clay, Daniel Webster, and Louis Brandeis—Other People’s Money is an engaging guide to the heated political fights that surrounded banking in early America as well as to the economic causes and consequences of the financial system that emerged from the turmoil. By helping readers understand the financial history of this period and the way banking shaped the society in which ordinary Americans lived and worked, this book broadens and deepens our knowledge of the Early American Republic.
Download or read book Financial History of the United States written by Paul Studenski and published by Beard Books. This book was released on 2003-04 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of how political issues influence public finance.
Download or read book REBEL YELL History of the Confederacy Memoirs and Biographies of the Confederate Leaders Official Documents written by John Esten Cooke and published by Good Press. This book was released on 2024-01-17 with total page 2628 pages. Available in PDF, EPUB and Kindle. Book excerpt: REBEL YELL: History of the Confederacy, Memoirs and Biographies of the Confederate Leaders & Official Documents encompasses a profound and eclectic mix of perspectives, shedding light on the Confederate States of America through a compendium of memoirs, biographies, and seminal documents. This anthology harmoniously blends varying literary styles, from the eloquent and reflective memoirs of generals to the meticulously curated official records, providing an unparalleled insight into the complexities and nuances of the Civil War era. With contributions that range from the strategic musings of Robert E. Lee to the impassioned narratives of John Esten Cooke, the collection offers a unique lens through which the history and ideology of the Confederacy are explored, marking it a significant compilation in Civil War literature. The authors and editors, each a notable figure of the Confederate cause or its chronicling, bring a rich tapestry of backgrounds to the collection. Their writings not only reflect their personal experiences and roles within the Confederacy but also situate the collection within broader historical, cultural, and literary movements. The diversity of the contributors, from high-ranking officials like Jefferson Davis to foreign observers such as Heros von Borcke, adds a broad spectrum of viewpoints, enriching the readers understanding of the Confederate ethos and the civil strife that marked this tumultuous period in American history. REBEL YELL is a must-read for scholars, history enthusiasts, and anyone interested in exploring the multi-faceted narratives of the Civil War from the Confederate perspective. The anthology offers a unique opportunity to delve into the minds and experiences of those who shaped and were shaped by the Confederacy, providing a comprehensive and illuminating exploration of a pivotal era. Its educational value, coupled with the breadth of insights and the dialogue it fosters between the different authors' works, makes it an invaluable resource for understanding the complexities of American history.
