Abstract:This paper explores new estimates of the number of veterans and the value of veterans' benefits-both cash benefits and land grants-from the Revolution to 1900. Benefits, it turns out, varied substantially from war to war. The veterans of the War of 1812, in particular, received a smaller amount of benefits than did the veterans of the other nineteenth century wars. A number of factors appear to account for the differences across wars. Some are familiar from studies of other government programs: the previous hi… Show more
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