Life And Public Services Of William Pitt Fessenden Volume 1; United States Senator From Maine 1854…

Paperback | May 13, 2012

byFrancis Fessenden

not yet rated|write a review
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907 Excerpt: ...Missouri Compromise. The South did it in a time of profound peace. That aggression had been followed by outrage upon outrage, until the senator from Illinois, out of regard for his own honor, had to oppose their further perpetration. He would remind the senator that the South had made other aggressions upon Northern interests. It had attacked the fishing bounties, it had proposed to repeal the navigation laws, and it had constantly attempted to break down the manufactures of the North. Mr. Davis replied that he threatened nobody, and did not suppose any one was afraid of him. Mr. Fessenden said he was, which Mr. Davis took seriously, but Mr. Fessenden explained that he spoke only from an intellectual point of view. This occasioned some laughter in the Senate. Mr. Davis then said that the South was willing New England should fish or manufacture, but was not willing to be taxed for them. CHAPTER IV CHAIRMAN OF FINANCE COMMITTEE 1861-1864 J. He peril of the country in January, 1861, is indicated by the depressed condition of public credit at that time. Seven States were in revolt; the revenues were far below the expenditures, and during December the Treasury had borrowed ten millions of dollars, the last five at a discount of twelve per cent. The House passed a bill authorizing a loan of ten millions, which came to the Senate on December 12, authorizing the Secretary of the Treasury to sell the proposed issue for anything he could get. Senator Fessenden favored an amendment limiting the power to sell for any price to three millions, stating that he was unwilling to see the government paper shaved to such an extent that the public credit would be injured at such a time. The following February, 1861, a loan of twenty-five millions was required, and the Morrill T...

Pricing and Purchase Info

$28.50

Out of stock online

From the Publisher

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907 Excerpt: ...Missouri Compromise. The South did it in a time of profound peace. That aggression had been followed by outrage upon outrage, un...

Format:PaperbackDimensions:112 pages, 9.69 × 7.44 × 0.23 inPublished:May 13, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:021750325X

ISBN - 13:9780217503259

Look for similar items by category:

Customer Reviews of Life And Public Services Of William Pitt Fessenden Volume 1; United States Senator From Maine 1854-1864 Secretary Of The Treasury 1864-1865 United Sta

Reviews