Blues, Grays & Greenbacks
Two new books argue that the innovations the Lincoln administration used to finance the Civil War transformed the nation from a modest and decentralized economy into the global juggernaut of the twentieth and twenty-first centuries.
Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War
by Roger Lowenstein
Bonds of War: How Civil War Financial Agents Sold the World on the Union
by David K. Thomson
May 25, 2023 issue