. >> where is your edith wharton -- >> it's in the edith wharton revi review! thank you. >> we're back to the house of mirth, which i guess is the place to end with tax policy. we have on the program a break until 10:45. we are actually starting our break a couple minutes early so we will convene back here at precisely 10:45 and move forward. thank you very much. we'll see you in a few minutes. >>> the civil war airs here every of saturday at 6:00 and 10:00 p.m. and sundays at 11:00 a.m. eastern time. to watch more of our civil war programming anytime, visit our web site c-span.org/history. and to see what we're up to during the week or to send us questions and comments, join us online. follow us on twitter or like us on facebook. you're watching american history tv all weekend, every weekend on c-spa c-span3. >>> paul weeken, a city named for thomas jefferson and incorporated in 1839. hosted by our media com cable partner, c-span's local content vehicles recently visited many sites show casing the city's rich history. learn more about jefferson city, missouri,

>> it's in the edith wharton review. [ laughter ] >> thank you. >> we're back to the house of merth. which, i guess, is the place to end with tax policy. we have on the program a break until 10:45. we're actually starting our break a couple minutes early. so we will convene back here at precisely 10:45 and move forward. thank you very much. we'll see you in a few minutes. >> the civil war airs here every saturday at 6:00 and 10:00 p.m. and sundays at 11:00 p.m. eastern time. to watch more civil war programming any time, visit our web site, c-span.org/history. to send us your questions and comments, join us online. follow us on twitter at c-span history. or like us on facebook at facebook.com/cspanhistory. you're watching american history tv all weekend, every weekend on c-span 3. >> the life of a sailor includes scrubbing the deck in the morning, working on the sails, climbing aloft, whatever the duties assigned, gun drill practice. but by the end of the day, you're ready fr some rest. you don't get a full a eight hours of sleep. >> this weekend on american history tv, the life an of

shows her -- most importantly, i find this fabulous, she has just published an article called edith wharton, an economic interpretation of the house of mirth and age of innocence. what better thing to talk about how you finance the war then by starting with the age of innocence. so i'm delighted to introduce my good friend jenny bourne. [ applause ] >>> thanks, paul, another member of the audience asked if he was going to show mathematical formulas like i did last year. i'm not going to do that. i do have graphs but they're not that bad. raising an army means paying for an army. what congress and president abraham lincoln did to pay for civil war forever changed financial markets in this country. they created a unified currency and system of federal banks. they pioneered the use of money and established the direct sale of federal bonds to the public and, best of all, invented the irs. the world had never before seen -- okay, let me see here. is this supposed to advance? here we go. there we go. thank you. okay, the world had never before seen anything to compare to the size of the union arm