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Editorial November 8, 1861

Delaware Gazette

Delaware, Delaware County, Ohio

What is this article about?

Hon. James Dickson speaks at Union meeting in Hartford on U.S. ability to fund war expenses via national loan, comparing favorably to England's Napoleonic War costs, urging subscriptions for patriotic and interest reasons.

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OCR Quality

95% Excellent

Full Text

The Hon. James Dickson, in an eloquent and patriotic speech, delivered at the Union meeting in Hartford, dwelt upon the ability of the country to sustain the expenses of the war, and upon the security which the national loan offered as an investment. On this point he said:

Look at England. You say our expenses are large, and so they are. Some estimate them at one million of dollars a day. But what were the expenses of England during the war with Napoleon? From 1803 to 1816, with less than eighteen millions inhabitants, her expenses were one million three hundred thousand a day, for a period of thirteen years. For one hundred days previous to the Battle of Waterloo, her expenses were five millions of dollars a day. Of this vast sum a large proportion was expended on the continent of Europe—while our entire expenditure is at home. If for thirteen years England could expend one million three hundred thousand dollars day abroad, cannot we do it for one or two years, if necessary—every dollar meanwhile remaining at home. Interest, therefore, no less than patriotism, requires us to subscribe for the loan.

What sub-type of article is it?

Economic Policy War Or Peace Military Affairs

What keywords are associated?

National Loan War Expenses Union Meeting Hartford James Dickson Napoleonic Wars Patriotic Speech

What entities or persons were involved?

Hon. James Dickson Union Meeting In Hartford England

Editorial Details

Primary Topic

Sustaining War Expenses Through National Loan

Stance / Tone

Patriotic Support For National Loan Subscription

Key Figures

Hon. James Dickson Union Meeting In Hartford England

Key Arguments

U.S. War Expenses Estimated At One Million Dollars A Day England Spent 1.3 Million A Day For 13 Years During Napoleonic Wars With Smaller Population England's Pre Waterloo Expenses Reached Five Million A Day U.S. Expenditures Stay At Home Unlike England's Abroad Spending Patriotism And Interest Require Subscribing To The National Loan

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