Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

John O
Member since May 2012
12 commentaries -

0 followers

has posted a comment on the article :

Who paid for the Civil War ?

- George F. Smith - Barbarous Relic

Mark H,

So, Lincoln "preserved the Union", but your entire response begs the question, "of what"?

You will recall that the Union was a constitutional union of STATES. Why did Lincoln feel it necessary to force an unconstitutional union, a union by conquest? There was no preservation here, because the Union that emerged out of the other end of the Civil War differed in a way that set the tone for the rest of the United States' history. Appeals to Democracy which resulted in unconstitutional centralization of political and monetary power began with Lincoln.

The only good thing, and it is no minor one, was the end of slavery, but that was not the central motive of Lincoln at the beginning of the war, although it can be said that it was an essential element of Lincoln's 'neoconservative' agenda.

This article is a brief history of the monetary side of the Union during the Civil War. It appears to be a dispassionate interpretation of facts. Why do you bristle so much at this? How can it be that you can see no significance to this question? Or, is it merely enough to say "it is widely known"? Even if it were widely known or believed, or if it were even 100% true that Lincoln was "the best President", is it therefore unnecessary or wrongheaded to point out problems with his legacy?

Is it too subtle for you to imagine that one can praise a particular individual for wisdom in one area and foolishness in another? If anyone is succumbing to tunnel vision, it appears to be you.

As for Somalia, what about it makes you think it is capitalistic? It is a nation swarming with simplistic moralists not unlike yourself. Interestingly, the most successful part of Somalia is the break-away region of Somaliland. Unfortunately, the international order holds that states must remain united except under exceptional and arbitrary circumstances.

So, the Union was "preserved". Your sense that the author is casting some doubt on this "fact" and your mocking response indicate that your sarcastic "so what" is not genuine at all. If it were meaningless, why respond at all?

Commented 4889 days ago

Send

Beginning of the headline :When war broke out in 1861, the federal government was without its own money machine, though that would soon change. As expenses from the war mounted, the U.S. government once again issued Treasury Notes to help finance it. The Act of July 17, 1861 authorized Secretary of the Treasury Salmon P. Chase to issue notes at 7... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis