Financial Plan for Union War Debt and Currency Reform
The document outlines federal aims for a national loan system totaling about 420 million dollars, Treasury notes, and a currency plan to replace bank notes with United States notes. It discusses revenue projections, deficits, and the goal to redeem the debt within thirty years. It cautions against an unchecked bank-note system and weighs two plans for a stable currency with emphasis on coin redemption and public confidence.
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