mpending Revolution--The Ohio Delegation in the 36th Congress
--Retrospection.
CHAPTER X.
THE BEGINNING OF LINCOLN'S FIRST ADMINISTRATION.
Arrival of the President-Elect at Washington--Impressiveness of
His Inaugural Address--I am Elected Senator from Ohio to Succeed
Salmon P. Chase--Letters Written to and Received from My Brother
William Tecumseh--His Arrival at Washington--A Dark Period in the
History of the Country--Letter to General Sherman on the Attack
Upon Fort Sumter--Departure for Mansfield to Encourage Enlistments
--Ohio Regiments Reviewed by the President--General McLaughlin
Complimented--My Visit to Ex-President Buchanan--Meeting Between
My Brother and Colonel George H. Thomas.
CHAPTER XI.
SPECIAL SESSION OF CONGRESS TO PROVIDE FOR THE WAR.
Condition of the Treasury Immediately Preceding the War--Not Enough
Money on Hand to Pay Members of Congress--Value of Fractional Silver
of Earlier Coinage--Largely Increased Revenues an Urgent Necessity
--Lincoln's Message and Appeal to the People--Issue of New Treasury
Notes and Bonds--Union Troops on the Potomac--Battle of Bull Run--
Organization of the "Sherman Brigade"--The President's Timely Aid
--Personnel of the Brigade.
CHAPTER XII.
PASSAGE OF THE LEGAL TENDER ACT IN 1862.
My Interview with Lincoln About Ohio Appointments--Governmental
Expenses Now Aggregating Nearly $2,000,000 Daily--Secretary Chase's
Annual Report to Congress in December, 1861--Treasury Notes a Legal
Tender in Payment of Public and Private Debts--Beneficial Results
from the Passage of the Bill--The War Not a Question of Men, but
of Money--Proposed Organization of National Banks--Bank Bills Not
Taxed--Local Banks and Their Absorption by the Government--The 1862
Issue of $150,000,000 in "Greenbacks"--Legal Tender Act a Turning
Point in Our Financial History--Compensation of Officers of the
Government.
CHAPTER XIII.
ABOLISHMENT OF THE STATE BANKS.
Measures Introduced to Tax Them out of Existence--Arguments That
Induced Congress to Deprive Them of the Power to Issue Their Bills
as Money--Bill to Provide a National Currency--Why Congress Authorized
an Issue of $400,000,000, of United States Notes--Issue of 5-20
and 10-40 Bonds to Help to Carry on the War--High Rates of Interest
Paid--Secretary Chase's Able Management of the Public Debt--Our
Internal Revenue System--Repeal of the Income Tax Law--My Views on
the Taxability of Incomes.
CHAPTER XIV.
LINCOLN'S EMANCIPATION PROCLAMATION.
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