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Comte de Paris, History of the Civil War in America. Vol. 2. (ed. Henry Coppee , LL.D.), Book VII:—politics. (search)
It held two sessions during the year 1862, from the 18th of February to the 21st of April, and from the 12th of August to the 13th of October. On the 28th of February, 1861, even before Mr. Buchanan had been succeeded in the presidency of the United States by Mr. Lincoln, the Southern Congress passed a law providing for the orompelled to resort to public credit, and he made the first of those appeals in that direction which he subsequently abused to so great a degree. On the 28th of February, 1861, he was authorized by Congress to issue bonds at eight per cent. to the amount of fifteen million dollars; these bonds were to be negotiated on the most a323,536,111 Brought forward,$323,536,111 Treasury notes bearing 7.30 per cent. interest (law of April 16, 1861)113,740,000 War tax16,664,513* Loan of February 28, 18611,375,476 Gold received from the Bank of Louisiana2,539,799 ———— $457,855,899 The items marked by asterisks alone represent the real resources of t