Sovereignty and an Empty Purse

Book excerpt: A sequel to his Pulitzer Prize-winning Banks and Politics in America from the Revolution to the Civil War, this book by Bray Hammond focuses on how Washington struggled financially to settle the Civil War and how its measures spurred the growth of federal government. Originally published in 1970. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.