Part 1: How to Pay for the Civil War
The US in fully in the American Civil War. Congress was used to borrowing money to pay for wars before 1860, but they run into a big issue. Banks want control how they lend out money and stop lending money to the government to fund the war. Photos courtesy of the Library of Congress Prints and Photographs Division.
Part 2: Legacies of the Civil War
After the Legal Tender Act and National Bank Act is issued, this new federal control of these Greenbacks create different meanings for its citizens. Photos courtesy of the Library of Congress Prints and Photographs Division.