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This aspect of Lincoln's career was largely ignored for the first century after his death, until Boritt came along. His background as a refugee from European tyranny made him keenly receptive to Lincoln's economic philosophy, which Boritt eventually dubbed 'the right to rise.' By 1956, when he joined the Hungarian revolt against Soviet communist rule, Boritt already had a lifetime's experience of oppression: forced from home by the Nazis, close relatives murdered at Auschwitz, father and brother seized by Stalin's minions. He recalls the words of the Gettysburg Address resounding from the radios of Budapest to inspire the uprising.
Boritt's first book Lincoln and the Economics of the American Dream was published in 1978 and has come to be viewed as one of the most important (if under-read) works on the 16th President. His Lincoln was a man far removed from the familiar yarn-spinning charmer of the cracker barrel: enterprising, visionary and persuasive. Still in his 20s, as a member of the legislature's finance committee, Lincoln became a driving force in the development of preindustrial Illinois.
In this role, he first experienced an economic collapse: the crash of 1837, which brought on one of America's deepest depressions. Financial markets frozegovernment debt soaredpublic opinion soured on the maneuvering of bankers and the schemes of politicians. At the risk of his budding political career, Lincoln struggled to save the canals and railroads. Once, when his opponents tried to force a vote against the state bank, Lincoln clambered from a statehouse window in a wild attempt to derail their plans.
A. ¾îÈÖ
aspect ¸ð½À, ßÓ(»ó), ¸ð¾ç. ignore ¹«½ÃÇÏ´Ù. refugee Çdz¹Î, ¸Á¸íÀÚ.
tyranny øìïÙ(ÆøÁ¤). receptive Àß ¹Þ¾ÆµéÀÌ´Â. eventually °á±¹.
dub ...¶ó°í ºÎ¸£´Ù, º°¸íÀ» ºÙÀÌ´Ù. revolt ÜðÑÃ(ºÀ±â), ÀúÇ×, ¹Ý¶õ. oppression ¾ÐÁ¦.
relative ģô. seize »ç·ÎÀâ´Ù, üÆ÷ÇÏ´Ù, ¸ô¼öÇÏ´Ù. minion ÃßÁ¾ÀÚ, ¾ÕÀâÀÌ.
address ¿¬¼³. resound °è¼Ó ¿ï¸®´Ù, ¸Þ¾Æ¸®Ä¡´Ù. uprising ÜðÑÃ(ºÀ±â).
yarn ¸ðÇè´ã, Áö¾î³½ À̾߱â, Û·Þê(¹æ»ç). spin-spun-spun Û·îà(¹æÀû)ÇÏ´Ù.
yarn-spinning À̾߱⸦ ¸¸µé¾î ³»´Â. charmer ¸¶¼ú»ç, ¹Ì³à.
cracker barrel ÈçÇØ ºüÁø, Æò¹üÇÑ. visionary ü³ç¯(ȯ¿µ)ÀÇ, ÙÓßÌ(¸ù»ó)ÀûÀÎ, ºñÇö½ÇÀûÀÎ.
enterprising ÁøÃëÀûÀÎ, ±â¾÷°¡Á¤½ÅÀÌ °ÇÑ. persuasive ¼³µæ·ÂÀÌ ÀÖ´Â.
preindustrial »ê¾÷È ÀÌÀüÀÇ. collapse ºØ±«. crash ºØ±«, Ãß¶ô, ÆÄ±«.
bring on ...À» °¡Á®¿À´Ù, å©ÑÃ(¾ß±â)ÇÏ´Ù. depression °æ±âħü.
soar ¼Ú±¸Ä¡´Ù, ³¯¾Æ ¿À¸£´Ù. sour ȳª°Ô ÇÏ´Ù, ½Ã´Ù.
maneuver ±³¹¦È÷ ÀÏÀ» ó¸®ÇÏ´Ù, ±âµ¿ ÈÆ·ÃÇÏ´Ù. bud ¹ß´ÞÀÇ Ãʱ⿡ ÀÖ´Ù, ½ÏÀÌ Æ®´Ù.
clamber ±â¾î¿À¸£´Ù. statehouse ÁÖ ÀÇȸ ÀÇ»ç´ç. derail Å»¼±½ÃŰ´Ù.
B. ±¸¹®
- His Lincoln was a man . . . . charmer of the cracker barrel
[±×°¡ ¹¦»çÇÏ´Â ¸µÄÁÀº ÁøºÎÇÑ ¼º°ÝÀÇ À̾߱⸦ ÇÏ´Â ³¸ÀÍÀº ¸¶¼ú»çÀÇ ¸ð½À°ú´Â µ¿¶³¾îÁø Àι°ÀÌ´Ù.]
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Lincoln's argument was a sort of primitive foreshadowing of today's Troubled Asset Relief Program, or TARP. While Democrats all the way up to President Andrew Jackson were demonizing the banks, Lincoln maintained that the way to save the system was to pump more money into it. He was convinced that once confidence was restored and commerce began humming again, the public works roads, canal routes, widened rivers and rail lines that seemed so expensive during the slump would repay their cost many times over. In his folksy way, he compared a stalled economy to a steam engine and thus summed up the idea we now call stimulus. At the engine's 'dead point,' Lincoln said, even a single turn is 'extremely difficult.' But jolt it back to life, and it quickly regains momentum. Then 'all will be well again.'
He wasn't entirely successful, and in the short term, Lincoln's vision saddled Illinois with a heavy public debt. But he carried lessons from that experience into his far more famous fights against slavery and for the Union. Lincoln's presidency worked an unprecedented economic transformation on the country. For the first time, the Federal Government taxed income, floated bonds on a large scale and issued paper currency. The national wealth land was leveraged to promote sweeping social, educational and technological initiatives. Some ideas didn't work as planned, like the Homestead Act. Others, like the Morrill Act to create land-grant colleges, worked brilliantly. Still others achieved their aims only at a cost of waste and graft, like the Transcontinental Railroad.
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primitive ¿ø½ÃÀûÀÎ, ±Ùº»ÀÇ. foreshadowing îñð¼(ÀüÁ¶). asset íÀß§(ÀÚ»ê).
relief Ïð(±¸Á¦). Democrats ¹Ì±¹ ¹ÎÁÖ´ç¿ø.
demonize ¾Ç¸¶°°ÀÌ ¸¸µé´Ù, ¾Ç¸¶·Î °£ÁÖÇÏ´Ù. confidence ½Å·Ú, ½Å¿ë.
restore ȸº¹ÇÏ´Ù, º¹±¸ÇÏ´Ù. many times over ¸î ¹è³ª ´õ ¸¹ÀÌ.
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sum up ¿ä¾àÇÏ´Ù. stimulus ÀÚ±Ø. jolt Ãæ°ÝÀ» ÁÖ´Ù, ¼¼°Ô Ä¡´Ù, °©Àڱ⠵ǻ츮´Ù.
momentum ¿îµ¿·®, [(¿òÁ÷ÀÌ´Â ¹°Ã¼ µûÀ§ÀÇ) öçàõ(Ÿ¼º)], æ®á§(¿©¼¼).
saddle ºÎ´ãÀ» Áö¿ì´Ù, ¸»¿¡ ¾ÈÀåÀ» ¾ñ´Ù. presidency ´ëÅë·É î¤ìò(ÀçÀÓ).
unprecedented îñÖÇ(Àü·Ê)°¡ ¾ø´Â. transformation º¯Çü. federal ¿¬¹æ.
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paper currency òµøÇ(ÁöÆó). leverage (ÀÌÀ²º¸´Ù ´õ ¸¹Àº ÀÌÀÍÀ» ¾òÀ¸·Á°í) Åõ±âÇÏ´Ù.
sweeping Àü¹ÝÀûÀÎ. initiative óÜã·(â½Ã), ¹ß±â, ¼Ö¼±. homestead Áý°ú ´ëÁö, ÀÚÀÛ³óÀå.
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graft ºÎÁ¤ À̵æ, Ô¹òÅ(µ¶Á÷). the Transcontinental Railroad ´ë·úȾ´Üöµµ.
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