I took this in Exhibition Hall, which is the little museum in the Visitor's Center in the basement of the Capitol building in DC. For those who may not be able to read it, the last sentence says "The Whig Party formed in the 1830s to oppose Jackson and his followers. As the Whig Party dissolved in 1854, an antislavery coalition created the Republican Party. This established the modern two-party system that exists today."
A few years ago, I saw a video of a guy claiming that the real reason for the Civil War was debt. He claimed that the founding fathers had financed the American Revolution with a balloon payment due in 80 years. The balloon payment was coming due and the states were fighting over who would pay what portion of the balloon payment. The northern states wanted to divide up the debt per capita, with each slave counted as a person -- so the south would have had to pay the lion's share of the debt. He claimed that the debt was refinanced into the Civil War debt with a balloon due in 80 years, which was when the income tax was established. He claimed that the income tax is to pay the interest on the old war debts.
Shortly after visiting DC, we went to Gettysburg. As I read the signs in the museum at Gettysburg, the debt explanation made so much more sense about what happened and why than the official story that was laid out in the museum.
I might have seen something along those lines, I can't remember all of the financial razzle-dazzle that led up to the war, but I perused a few books I got from Amazon, written in the South circa1850's-1890s. They tell quite a different story than the Addison-Wesley, Houghton-Mifflin, MacMillan story books.
Their grievances were much different than what is taught in school. Slavery want even something they mentioned in any notable way.
It was all about the North robbing, raping and looting the South and they had enough of it. When the North tried to seize the warm-water port in New Orleans, that started the War.
Today's government is just an extension of the Union "good guy" winners, but now everyone wants to secede......maybe one day people will start to understand why the South truly created a Confederacy.
The American Revolution was not financed with a single 80-year balloon payment, but rather through a chaotic mix of depreciating paper money (Continental dollars), foreign loans (primarily France and the Netherlands), and "loan office certificates" (IOUs). The debt, which exceeded $75 million by 1791, was largely restructured by Hamilton in the 1790s and completely paid off by 1835, not 80 years later.
I live in California. If I had that attitude, I wouldn't have any friends! 😉
In all seriousness, it is up to us to gently help the normies wake up, whether liberal or conservative. We're failing if we refuse to help the liberals.
I took this in Exhibition Hall, which is the little museum in the Visitor's Center in the basement of the Capitol building in DC. For those who may not be able to read it, the last sentence says "The Whig Party formed in the 1830s to oppose Jackson and his followers. As the Whig Party dissolved in 1854, an antislavery coalition created the Republican Party. This established the modern two-party system that exists today."
It is also historical fact that the North not only had slaves, but KEPT their slaves after the South had given theirs up.
Not one moment of the war was about freeing slaves. That whole idea was just the original "hearts and minds" campaign.
A few years ago, I saw a video of a guy claiming that the real reason for the Civil War was debt. He claimed that the founding fathers had financed the American Revolution with a balloon payment due in 80 years. The balloon payment was coming due and the states were fighting over who would pay what portion of the balloon payment. The northern states wanted to divide up the debt per capita, with each slave counted as a person -- so the south would have had to pay the lion's share of the debt. He claimed that the debt was refinanced into the Civil War debt with a balloon due in 80 years, which was when the income tax was established. He claimed that the income tax is to pay the interest on the old war debts.
Shortly after visiting DC, we went to Gettysburg. As I read the signs in the museum at Gettysburg, the debt explanation made so much more sense about what happened and why than the official story that was laid out in the museum.
That's very interesting. I appreciate that info.
I might have seen something along those lines, I can't remember all of the financial razzle-dazzle that led up to the war, but I perused a few books I got from Amazon, written in the South circa1850's-1890s. They tell quite a different story than the Addison-Wesley, Houghton-Mifflin, MacMillan story books.
Their grievances were much different than what is taught in school. Slavery want even something they mentioned in any notable way.
It was all about the North robbing, raping and looting the South and they had enough of it. When the North tried to seize the warm-water port in New Orleans, that started the War.
Today's government is just an extension of the Union "good guy" winners, but now everyone wants to secede......maybe one day people will start to understand why the South truly created a Confederacy.
But, since the winners write the history......
The American Revolution was not financed with a single 80-year balloon payment, but rather through a chaotic mix of depreciating paper money (Continental dollars), foreign loans (primarily France and the Netherlands), and "loan office certificates" (IOUs). The debt, which exceeded $75 million by 1791, was largely restructured by Hamilton in the 1790s and completely paid off by 1835, not 80 years later.
Thank you so much for the clarification! I appreciate it.
Lincoln said in response to why not let the South go "who would pay my tariff."
I live in California. If I had that attitude, I wouldn't have any friends! 😉
In all seriousness, it is up to us to gently help the normies wake up, whether liberal or conservative. We're failing if we refuse to help the liberals.