20c1 First Baptist Church of Perryville

First Baptist Church of Perryville

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The Birth and Rise of the U.S. Income Tax

tax.jpg  In the summer of 1861, the U.S. Treasury had only $2 million to fund the Union side of the Civil War, leaving Secretary Salmon P. Chase in a quandary. The North may have been rich in land and resources, but none of this could quickly be converted into cash to pay an army. Moreover, New York bankers did not consider the U.S. government a sound investment. Chase retorted he had a war to fight, and if necessary, “he was prepared to print money . . . even if the price of a breakfast rose to $1,000.”1 Eventually, he secured a loan but he also turned to the American people, and on July 1, 1862, President Lincoln signed into law a federal income tax. continue reading… »

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His choice: Denounce Jesus or face torture

  EDITOR'S NOTE: Lin Sung* had just completed evangelism training. As part of the final assignment, the class dispersed to surrounding villages to practice sharing the Gospel. Sung sent a text message to tell a friend where he would be. When government officials intercepted that message, his homework assignment changed from sharing Bible stories to a fight for survival.
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