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Tag Archives: w e phillips

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Baptists and the American Civil War: July 11, 1862

In addition to the advantage of manpower, the United States has at its disposal more financial resources and tools than does the Southern Confederacy. Today, the U.S. Congress enacts the Second Legal Tender Act, issuing $150,000,000 in paper currency not backed by gold or silver. The issuing of paper money grows dramatically as the war…

July 11, 2012 in Archive: This Day in Civil War History.

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