The United States of America had been in existence for less than a century when it was nearly shattered by the most terrible conflict in its history. Why did it happen?
Tag: Tariffs
The Northern Financial Crisis
December 30, 1861 – The leading banks of New York, Boston, and Philadelphia suspended specie payments (i.e., exchanging paper money for gold or silver) due
The Second Session of the Thirty-Seventh U.S. Congress
December 2, 1861 – The second session of the first Republican-dominated Congress opened amid growing discontent with the way the Lincoln administration was prosecuting the