![]() ![]() With Lincoln at the helm, the US would now govern "for" its people: it would enact laws, create departments, make available homesteads, build roads, establish a currency, endow universities, raise armies, and impose taxes, for them. But from setbacks Lincoln foresaw opportunity, the chance to legislate in the spirit of the "more perfect union" - the very Hamiltonian ideal of centralism to which the Confederates objected. Even before the Confederacy's secession, the Treasury of the United States had run out of money, and had no authorization to raise taxes, no federal bank, and no currency. Upon his election to the presidency, Lincoln inherited a country in crisis. ![]() From renowned journalist and master storyteller Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country's history ![]()
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