A Critical Examination of Our Financial Policy During the Southern Rebellion

actually amount argument army assignats barrels of flour bill bonds borrow capital cause circulation cloth Congress considered creditor currency debtor demand notes depreciating currency depreciation direct tax effects enacted Encyclopædia Britannica entire equivalent ernment evil exchange export fact faith farmer frugal give gold coin gold dollar gold value government bonds holder Honorable Secretary illustrated increase individual interest John Stuart Mill labor laws of value legal tender clause legal tender notes less levy loans manufacturer measure ment millions National Bank national debt necessary obliged paid in coin paper money payable Political Economy present price of gold principles productive profits promise public credit public debt question raise reason receive redeemable redemption rise savings bank sell specie payments speculators supply supposed suspension of specie thing tion Treasury United States notes wealth worth