"In the North, the sale of government bonds……" — G. Edward Griffin
"In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt."
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G. Edward Griffin
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40 Quotes by G. Edward Griffin
G. Edward Griffin has 40 quotes on this site.
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By remaining behind the scenes, they (the Rothschilds) were able to avoid the brunt of public anger which was directed,…
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Throughout the first half of the nineteenth century, the (Rothschild) brothers conducted important transactions on behalf of the governments of…
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The Civil War was started over economic issues, not slavery. The War was not popular in the North until the…
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In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system…
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American banks may have been unable to supply adequate loans, but the Rothschild consortium in Britain was both able and…
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The nation's first experiment with the income tax was tried at this time; another violation of the Constitution.
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During the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year…
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Converting the war into an antislavery crusade was a brilliant move on Lincoln's part, and it resulted in a surge…
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The European powers had been anxious to see the United States become embroiled in a civil war and eventually break…
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Many Southern Plantation owners were working towards the day when they could convert their investment to more profitable industrial production…
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If Lincoln's primary goal in the War was not the abolition of slavery but simply to preserve the Union, the…
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[...] it is generally accepted that the Civil War was fought over the issue of slavery. That, at best, is…
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