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Before the Civil War, the United States used gold and silver coins as its official currency. Paper currency in the form of banknotes was issued by privately owned banks, the notes being redeemable for specie at the bank's office. Such notes had value only if the bank could be counted on to redeem them; if a bank failed, its notes became worthless.
Florida participated in the American Civil War as a member of the Confederate States of America.It had been admitted to the United States as a slave state in 1845. In January 1861, Florida became the third Southern state to secede from the Union after the November 1860 presidential election victory of Abraham Lincoln.
The Gettysburg Address is a famous speech which U.S. President Abraham Lincoln delivered during the American Civil War.The speech was made at the formal dedication of the Soldiers' National Cemetery (Gettysburg National Cemetery) in Gettysburg, Pennsylvania on the afternoon of November 19, 1863, four and a half months after the Union armies defeated Confederate forces in the Battle of ...
Abraham Lincoln (/ ˈ l ɪ ŋ k ən / LINK-ən; February 12, 1809 – April 15, 1865) was the 16th president of the United States, serving from 1861 until his assassination in 1865.
On Nov. 19, 1863, President Abraham Lincoln delivered his historic Gettysburg Address at the dedication of the Soldiers' National Cemetery in Pennsylvania.
In 1862, Abraham Lincoln created the Greenbacks, a currency of free money issued by the United States of America between 1861 and 1865. The currency was not based in gold and was not created by private banks. [1] Greenbacks were paper currency (printed in green on the back) issued by the United States during the American Civil War.
The 1861 State of the Union Address was written by the 16th president of the United States, Abraham Lincoln, and delivered to the 37th United States Congress, on Tuesday, December 3, 1861, amid the American Civil War, which had begun earlier in the year. [1]
The economic history of the American Civil War concerns the financing of the Union and Confederate war efforts from 1861 to 1865, and the economic impact of the war. The Union economy grew and prospered during the war while fielding a very large Union Army and Union Navy . [ 1 ]