The Peninsular campaign continues: After the Seven Days Battles, General Robert E. Lee, commanding the Confederate (a voluntary union) Army of Northern Virginia defeats the compulsory Union Army of the Potomac, commanded by Major General George B. McClellan. However, Lee fails to disrupt McClellan’s retreat.
[restored 2/16/2025]
Republican (nationalist) President Abraham Lincoln, of the united States, signs the Pacific Railway Act of 1862, chartering the Union Pacific and Central Pacific Railroads, to build the first transcontinental railway. The railroads are not paid a flat fee for finishing the job, but rather paid on a per-mile basis, encouraging them to lay more track than is necessary.
NOTES:
- The act also allows the president to name the eastern terminus of the railway. Lincoln picked Council Bluffs, Iowa, where he quietly purchased much land years before, while he was a lawyer for the Illinois Central Railroad. This act would have allowed Lincoln to retire a multi-millionaire at the end of his tenure in office.
- Although Article I, Section 8 [Clause 7] does authorize Congress “To establish [charter] post-Offices and post-Roads,” it does not give Congress the power to subsidize them.
[restored 2/16/2025]
Republican President Abraham Lincoln, of the united States, signs the Revenue Act of 1862 making the unlawful, federal personal income tax permanent. The act changes the tax from a single bracket of three-percent on annual incomes of over 800 Dollars, to two brackets of three percent on incomes of over 600 Dollars, and five-percent on incomes of over 10,000 Dollars. And the act creates the Office of the Commissioner of Internal Revenue.
NOTE: This is a violation of Article I, Section 9 [Clause 4]: Direct taxes must be levied on the States in proportion to their representation in the House of Representatives.
[restored 3/21/2021]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Bruce Catton, The Civil War, (New York: American Heritage, 1960; Boston: Houghton-Mifflin, 1987), 289.
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 170.
Revenue Act of 1861 – Wikipedia
en.wikipedia.org/wiki/Revenue_Act_of_1861
The Federal Reserve and you
endthefednc.wordpress.com/
U.S. Banking Timeline
www.libertyforlife.com/banking/currency-us-timeline.html
Pacific Railroad Acts – Wikipedia
en.wikipedia.org/wiki/Pacific_Railroad_Acts
Revenue Act of 1862 – Wikipedia
en.wikipedia.org/wiki/Revenue_Act_of_1862
Communist Manifesto 10 Planks
www.libertyzone.com/Communist-Manifesto-Planks.html
Current U.s. National Debt:
