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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.
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.
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