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“Abraham Lincoln was correct when he said that less than one-half day's cost of the Civil War could have purchased the freedom of all the slaves in Delaware. The Civil War cost the two sides a total of $6.6 billion in 1860s dollars, enough to buy the freedom of all the slaves at their 1860 market value, give each slave family 40 acres and a mule and make $3.5 billion in reparations to former slaves in lieu of 100 years of back wages.” — Claudia Goldin
Abraham Lincoln was correct when he said that less than one-half day's cost of the Civil War could have purchased the freedom of all the slaves in Delaware.
The Civil War cost the two sides a total of $6.6 billion in 1860s dollars, enough to buy the freedom of all the slaves at their 1860 market value, give each slave family 40 acres and a mule and make $3.5 billion in reparations to former slaves in lieu of 100 years of back wages.