On the record
The people, believing that devastated Europe would absorb all American products, and beholding a vision of radiant prosperity, were eager to buy.
Source
gutenberg.orgAlbert Beveridge: “The people, believing that devastated Europe would absorb all American products, and beholding a vision of radiant…”
Editor's note · Context
Beveridge captures the public's misguided optimism about economic prosperity after the war.
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History, reason, evidence, march through these pages like infantry, cavalry, and artillery going to battle.
Thus were the ideas of Nationality and localism in America brought into sharper conflict by the mob and guillotine in France.
The Virginians, on their part, found the giving of new notes a convenient way of canceling old obligations and thus piled up mountains of debt which they found hard to remove.
She was able to maintain her independence & must deserve to lose it if she permitted it to be wrested from her.
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