scott s. Wrote:
Dec 06, 2012 3:13 PM
I suppose the fact that Lincoln needed to float huge loans through the Wall Street banking houses may have had something to do with his quick repudiation of G.O. 11. Eventually Sec'y Chase would work with Philadelphia banker Jay Cooke to reduce the reliance on traditional New York banks for financing the war. Meanwhile looking forward to Brooks Simpson's second volume of Grant bio, covering post-war years.