He was accused of disloyalty and lost his security clearance.
<span>Daniel Webster thought it was imperative to support a national bank only to boost stability in financial markets.</span>
The reason why the United States economy became more reliant on money in the late 1800's because of the Civil War. The U.S needed to pay for the expenses of transporting soldiers, feeding them, and etc. Going to war is not free, and it is a very hefty price when a country goes to war. Because of this, the United States started to compose what is now called "income tax." The income taxed made citizens pay to help fund the war. After the war, they also needed money to rebuild the South.
