File:The American-Spanish war; (1899) (14775817424).jpg

Identifier: americanspanishw00norw (find matches)
Title: The American-Spanish war;
Year: 1899 (1890s)
Authors:
Subjects: Spanish-American War, 1898
Publisher: Norwich, Conn., C. C. Haskell & son
Contributing Library: The Library of Congress
Digitizing Sponsor: Sloan Foundation

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Text Appearing Before Image:
Dec. 24, 1898.
Text Appearing After Image:
CHAPTER XVIII.WORK OF THE TREASURY DEPARTMENT. BV Hon. LYMAN J. GAGE, Secretary of the Treasury. I IT is well said that final judgment cannot be passed uponevents still recent. This applies to the financial historyof a war as well as to the operations of fleets and armies.Not until years after the civil war closed was there fully com-prehended the depth of that struggle as measured by the prob-lems met and solved in raising money. Now that time hasset its seal on the efforts of those who achieved or failed inthat fearful conflict, the financial trials of a generation ago arebetter understood. We know well to-day the effects of meas-ures then adopted and their influence on subsequent affairs,while we see in a clearer light what was actually accomplishedat the time by the Government for the Union in the resort tomany expedients for procuring funds ; and we realize morefully how the Confederacy suffered, in depreciated paper cur-rency, a repetition of the direful and well-nigh hopeless d

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