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Quote by Jefferson Davis

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Jefferson Davis
Jefferson Davis

Jefferson Davis was the President of the Confederate States of America during the American Civil War. Born on June 3, 1808, in Kentucky, he was a soldier, politician, and statesman who played a significant role in American history. Davis served as a soldier in the U.S. Army before entering politics and becoming a member of the Democratic Party. He was appointed Secretary of War under President Franklin Pierce and later became the President of the Confederacy during the Civil War. Davis is a controversial figure in American history, with his leadership during the Civil War being both praised and criticized. more

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“It is glorious to see such courage in one so young.”

“The very same British and American families who had combined to wreck the Indian textile industry in the promotion of the opium trade [...] combined to make the trade, a valuable source of revenue. In 1864 they joined forces to create causes for war and to promote the terrible War Between the States, also known as the American Civil War.”

“The South was at the point where the scale was tipping against slavery. It was slowly dawning on the plantation owners that slave labor was not economic, besides being morally wrong. Slavery was destined to be abolished, whether for economic reasons or moral reasons matters not, but the international intriguers were not going to wait for voluntary abolition to rob them of their trump card.”

“In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total.”

“In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt.”

“American banks may have been unable to supply adequate loans, but the Rothschild consortium in Britain was both able and willing. It was during this time that the Rothschilds were consolidating their new industrial holdings in the United States through their agent, August Belmont. Derek Wilson tells us: "They owned or had major shareholdings in Central American ironworks, North American canal construction companies, and a multiplicity of other concerns. They became the major importers of bullion from the newly discovered goldfields".”