For both the Union and the Confederacy, one of the most persistent battles of the Civil War was financing. To meet this challenge head-on both Lincoln and Jefferson Davis attempted a number of strategies to tackle the enormous financial demands of their armies, subsequent gold shortages, and an evolving diplomatic landscape abroad. In this first of two talks, David M. Rubenstein is joined by Roger Lowenstein to explore how the North sought to finance the Civil War.
Recorded on February 10, 2023