Twenty Years of Congress, Volume 2: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860Blaine, James Gillespie
History
Twenty Years of Congress, Volume 2: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860
Blaine, James Gillespie
United States -- History; United States -- History -- 1865-1898
Other subjects had entered into the public apprehension and were
brought prominently to the attention of Congress, and by Congress
referred to the Reconstruction Committee. There was a fear that if, by
a political convulsion, the Confederates of the South should unite with
the Democratic opponents of the war in the North and thus obtain
control of the Government, they might, at least by some indirect
process if not directly, impair the public obligations of the United
States incurred in suppressing the Rebellion. They feared that the
large bounties already paid to Union soldiers, and the generous
pensions already provided or which might afterwards be provided, for
those who had been maimed or for the orphan and the widow of those who
had fallen, might, in the advent of the same adverse political power
in the Government, be objected to, unless at the same time a similar
concession should be granted to the misled and deceived masses of the
South, who had with reckless daring been forced into the service of the
ill-starred Confederacy. It was therefore expected that Congress
would, so far as organic law could attain that end, guard the
sacredness of the public debt and the equal sacredness of the National
pensions, and that to do this effectively it should be provided that
no recognition should ever be made, either by the National Government
or by any State Governments, of debts incurred in aid of the Rebellion.
Still another subject was considered to be of grave consequence.
Preventive measures of the most stringent character were demanded
against a threatened danger to the National credit. With the single
exception of land, which is the basis of all property, the South had
lost the largest aggregate investment held in one form in the entire
country. The money value of Southern slaves, reckoned at current
prices, was larger when the war broke out than the money value of
railroads or of manufacturing establishments in the United States. For
the defense of this great interest the war had been avowedly
undertaken. Perhaps it would be more truthful to say that the
ambitions and conspiring politicians of the South had assumed the
danger to this vast investment as the pretext for destroying the
Government; and they had met with the fate so solemnly foretold in
Sacred Writ,--they had drawn the sword and perished by the sword. As
the one grand consummation of the struggle, the institution of slavery
had disappeared. It was probably, nay, it was certainly to be
expected, that in the destruction of so large an investment great
suffering would come to many who had not participated in the Rebellion;
to many indeed who had opposed it. That remuneration for losses should
be asked was apparently inevitable.
Public-domain text, read in full here on John Shaqi.
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