On the record
The country was laboring under an enormous debt, contracted in the suppression of rebellion, and taxation was so oppressive as to discourage production.
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gutenberg.orgUlysses S. Grant: “The country was laboring under an enormous debt, contracted in the suppression of rebellion, and taxation was so…”
Editor's note · Context
Grant discusses the economic challenges faced by the country due to debt and high taxation after the Civil War.
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