The Battle of Cold Harbor ends: After three days of fighting, General Robert E. Lee, commanding the Confederate Army of Northern Virginia, defeats the compulsory Union Army of the Potomac, commanded by Major General George G. Meade.
NOTE: Most of the battlefield deaths came on the final day, reversal of Pickett’s Charge (on the last day of The Battle of Gettysburg): nearly 2,000 compulsory Union Soldiers lost their lives, within the span of twenty minutes, charging Confederate positions over open ground.
[restored 4/10/2022]
Republican (nationalist) President Abraham Lincoln, of the united States—without a constitutional amendment—signs the National Currency Act of 1864, allowing federally chartered banks to issue irredeemable currency backed by federal bond (debt obligations). And it places a ten percent sumptuary (prohibitive) tax on banknotes issued by State chartered banks, placing them at a competitive disadvantage against the national banks.
Postscript: The act quickly had the desired effect of driving the notes of State chartered banks out of existence.
[restored 4/10/2022]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
National Banking Act of 1864, 13 Public Statutes at Large 99-100, 112, (1864).
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 181.
The Battle of Cold Harbor – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Battle_of_Cold_Harbor
Chronology Of The American Civil War
civilwarhome.com/timeline.htm
Current U.s. National Debt:
