The Greenback Era


Book Description

The Description for this book, Greenback Era, will be forthcoming.




Greenback Era


Book Description

The Greenback Era is not a financial history; rather, it is an attempt to locate the source of political power in the crucial Reconstruction years through a socio-economic study of American financial conflict during the years 1865 to 1879. Originally published in 1964. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.




Greenback Dollar


Book Description

How big an act was the Kingston Trio? Big enough that the their first 19 albums not only reached Billboard's Top 100, but 14 of them entered the top 10, with five albums alone hitting the no. 1 spot At the height of their popularity, the Kingston Trio was arguably the most popular vocal group in the world, having single-handedly ushered in the folk music boom of the late '50s and early '60s. Their meteoric rise quite literally paved the way for Bob Dylan; Joan Baez; Peter, Paul & Mary; and the many acts that followed in their wake. With the release of their version of "Tom Dooley" in fall 1958, the Kingston Trio changed American popular music forever, inspiring legions of young listeners to pick up guitars and banjoes and join together in hootenannies and sing-alongs. In Greenback Dollar: The Incredible Rise of The Kingston Trio, the first in-depth biography of America's first recording super-group, William J. Bush retraces the band members' personal and professional lives, from their rapid rise to stardom to their early retirement in 1967. Through interviews with Trio members, their families, and associates, Bush paints a detailed portrait of the Trio's formative early years and sudden popular success, their innovations in recording technology, pioneering of the college concert and intensive tour schedule, their impact on and response to the '60s protest movement, the first break-up of the Trio with Dave Guard's departure, and its re-formation with John Stewart. Lovers of folk music and students and scholars of the history of popular music and the music business, the counterculture movement, and the American folk tradition will find in Greenback Dollar a remarkably detailed view of the musical and cultural legacy that resulted in the Kingston Trio receiving a 2011 Lifetime Achievement Award at the 53rd Annual Grammy Awards.




The Civil War's Last Campaign


Book Description

The Civil War's Last Campaign is a narrative history of General James B. Weaver's 1880 Presidential campaign as the Greenback-Labor party candidate. In the course of its narrative of the campaign, this study describes a complex coalition with interdependent conservative, radical and pragmatic currents essential to a mass insurgency. This account of his active campaigning offers a new look at America's society, values and politics in the postwar Gilded Age.




Goldbugs and Greenbacks


Book Description

This is a book about the late-nineteenth-century money debates in American politics, and about the role of history in American political development.




The Gilded Age


Book Description




Ways and Means


Book Description

“Captivating . . . [Lowenstein] makes what subsequently occurred at Treasury and on Wall Street during the early 1860s seem as enthralling as what transpired on the battlefield or at the White House.” —Harold Holzer, Wall Street Journal “Ways and Means, an account of the Union’s financial policies, examines a subject long overshadowed by military narratives . . . Lowenstein is a lucid stylist, able to explain financial matters to readers who lack specialized knowledge.” —Eric Foner, New York Times Book Review From renowned journalist and master storyteller Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history Upon his election to the presidency, Abraham Lincoln inherited a country in crisis. Even before the Confederacy’s secession, the United States Treasury had run out of money. The government had no authority to raise taxes, no federal bank, no currency. But amid unprecedented troubles Lincoln saw opportunity—the chance to legislate in the centralizing spirit of the “more perfect union” that had first drawn him to politics. With Lincoln at the helm, the United States would now govern “for” its people: it would enact laws, establish a currency, raise armies, underwrite transportation and higher education, assist farmers, and impose taxes for them. Lincoln believed this agenda would foster the economic opportunity he had always sought for upwardly striving Americans, and which he would seek in particular for enslaved Black Americans. Salmon Chase, Lincoln’s vanquished rival and his new secretary of the Treasury, waged war on the financial front, levying taxes and marketing bonds while desperately battling to contain wartime inflation. And while the Union and Rebel armies fought increasingly savage battles, the Republican-led Congress enacted a blizzard of legislation that made the government, for the first time, a powerful presence in the lives of ordinary Americans. The impact was revolutionary. The activist 37th Congress legislated for homesteads and a transcontinental railroad and involved the federal government in education, agriculture, and eventually immigration policy. It established a progressive income tax and created the greenback—paper money. While the Union became self-sustaining, the South plunged into financial free fall, having failed to leverage its cotton wealth to finance the war. Founded in a crucible of anticentralism, the Confederacy was trapped in a static (and slave-based) agrarian economy without federal taxing power or other means of government financing, save for its overworked printing presses. This led to an epic collapse. Though Confederate troops continued to hold their own, the North’s financial advantage over the South, where citizens increasingly went hungry, proved decisive; the war was won as much (or more) in the respective treasuries as on the battlefields. Roger Lowenstein reveals the largely untold story of how Lincoln used the urgency of the Civil War to transform a union of states into a nation. Through a financial lens, he explores how this second American revolution, led by Lincoln, his cabinet, and a Congress studded with towering statesmen, changed the direction of the country and established a government of the people, by the people, and for the people.




Gold and Freedom


Book Description

Historians have long treated Reconstruction primarily as a southern concern isolated from broader national political developments. Yet at its core, Reconstruction was a battle for the legacy of the Civil War that would determine the political fate not only of the South but of the nation. In Gold and Freedom, Nicolas Barreyre recovers the story of how economic issues became central to American politics after the war. The idea that a financial debate was as important for Reconstruction as emancipation may seem remarkable, but the war created economic issues that all Americans, not just southerners, had to grapple with, including a huge debt, an inconvertible paper currency, high taxation, and tariffs. Alongside the key issues of race and citizenship, the struggle with the new economic model and the type of society it created pervaded the entire country. Both were legacies of war. Both were fought over by the same citizens in a newly reunited nation. It was thus impossible for such closely related debates to proceed independently. A truly groundbreaking work, Gold and Freedom shows how much the fate of Reconstruction—and the political world it ultimately created—owed to northern sectional divisions, revealing important links between race and economy, as well as region and nation, not previously recognized.




The Dollar Trap


Book Description

Why the dollar is—and will remain—the dominant global currency The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar’s looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar’s importance. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance—including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund—and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.




Confederate Greenbacks


Book Description