The History of the Civil War (Complete Edition). James Ford Rhodes. Читать онлайн. Newlib. NEWLIB.NET

Автор: James Ford Rhodes
Издательство: Bookwire
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Жанр произведения: Документальная литература
Год издания: 0
isbn: 9788027245185
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rel="nofollow" href="#ulink_8a642dbf-4523-5622-b0bf-861c9403d8ca">80 J. D. Cox, B. & L., I, 90.

      CHAPTER II

       Table of Contents

      Congress had convened July 4, and, in response to the President's request for means to make the war "short and decisive," had authorized him to accept the services of 500,000 volunteers for three years unless sooner discharged, and had empowered the Secretary of the Treasury "to borrow on the credit of the United States" two hundred and fifty million dollars. Although failing to use its power of taxation as effectively as the occasion required, Congress nevertheless did something in that direction, increasing some of the tariff duties, imposing a direct tax of twenty millions on the States and territories and an income tax of three per cent subject to an exemption of eight hundred dollars.