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1 mars 1863 - Financing the War

Description:

- Union sold government bonds
- Raised tariffs, taxes
- First income tax
- Issued Greenbacks, not backed by gold -> inflation
- Prices rose in North.
- Created national banking system in 1863

Ajouté au bande de temps:

Timeline

ByRichard Wang
3 mai 2023
3
0
978

Date:

1 mars 1863
Maintenaint
~ Il y a 162 ans
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