9781331196839 - History of the Legal Tender Paper Money Issued During the Great Rebellion, Being a Loan Without Interest and a National Currency (Classic Reprint) de Gerry Spauldin... (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book delves into the turbulent financial landscape of the United States during the Civil War, focusing specifically on the momentous decision to introduce legal tender Treasury notes as a national currency. The author, a key player in the legislative process, provides a detailed, first-hand account of the debates, negotiations, and political maneuvering that led to this landmark policy. The book explores the economic challenges faced by the Union government in financing the war, as well as the various proposals and counter-proposals put forth by key figures like Secretary of the Treasury Salmon P. Chase and prominent bankers. Through a blend of historical narrative and personal reflection, the author illuminates the pressing need for a stable currency amidst the turmoil and underscores the vital role that legal tender notes played in sustaining the war effort. The book also examines the potential risks associated with this new form of currency, ultimately concluding that the measure, while controversial, was necessary for the survival of the Union. This book provides invaluable insights into the complex financial history of the Civil War era, offering a compelling and meticulously researched account of a pivotal moment in American monetary policy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.