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income tax
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∙ 13y ago
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How did banking help the north in the civil war?
The banking system helped the North to pay for the arms it bought to use in the war.
When were the Reconstruction Acts passed by Congress?
After the Civil War.
Civil war money?
To pay for the war, the Confederate States of America issued vast amounts of paper money during the Civil War. Likewise, the U.S. Congress authorized the printing of paper currency for the first time in 1862. This paper money was called the greenback.
Civil War Veterans in Congress?
About 45 US Congressmen fought in the US Civil War; Union Forces of course.
Why was the US Congress able to effectively fund the Civil War?
The Congress passed an income tax
What did congress do to pay for the civil war?
RECONSTRUCTION
Who did congress ask to help pay for the war?
Europe
Who did Congress ask to help pay for the revolutionary war?
Europe
In order to pay for the civil war what did Congress establish?
federal income tax, dude.
Who did congress imprison as a result of the civil war?
As a result of the Civil War, Congress imprisoned Pro-Southern leaders in Maryland.
How did congress help expand railroads after the Civil War?
provided railroad companies land free of charge.
What was the intent of the Reconstruction Era tax on cotton?
Congress passed a tax on cotton after the US Civil War to help make the South pay for the Union's cost of the war. This Reconstruction Era tax added to the poor economy of the South
Why did Lincoln established the income tax?
Lincoln taxed income to pay for the Civil War. This tax was later repealed by Congress.
What did republicans control during the civil war in congress?
The Congress
When did Abraham Lincoln create the IRS?
during the Civil War to help pay for military expensives
Who ran congress after the civil war?
republicans
How did banking help the north in the civil war?
The banking system helped the North to pay for the arms it bought to use in the war.
