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22 November, 05:30

What did the government sell to finance the war

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  1. 22 November, 05:46
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    At that time, Treasury Secretary Chase suggested raising the unprecedented sum of $320 million to finance the war of rebellion through a combination of the sale of government bonds ($240 million), increased tariffs ($57 million), new taxes or duties ($20 million), and the sale of public lands ($3 million).
  2. 22 November, 05:57
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    Government bonds

    At that time, Treasury Secretary Chase suggested raising the unprecedented sum of $320 million to finance the war of rebellion through a combination of the sale of government bonds ($240 million), increased tariffs ($57 million), new taxes or duties ($20 million), and the sale of public lands ($3 million).
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