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Posted on Tapping America’s Wealth to Fund the Revolution: Two Good Ideas that Went Awry
“Unless some great and capital change suddenly takes place,” Gen. George Washington wrote from Valley Forge on December 23, 1777,[1] to Henry Laurens, the recently-appointed president of the Continental Congress, “the Army must inevitably be reduced to one or the other of these three things. Starve—dissolve—or disperse, in order to obtain subsistence.” A week later, […]
