Blues, Grays & Greenbacks

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In August 1861, a couple of weeks after the Union’s disastrous defeat at Bull Run, Treasury Secretary Salmon P. Chase traveled from Washington to New York in search of money. Bull Run had destroyed hopes of a swift end to the fighting, and the war was already costing more than $1 million per day. (The […]

Original source: https://www.nybooks.com/articles/2023/05/25/blues-grays-greenbacks-ways-and-means-bonds-of-war/

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