poor military leadership
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They hoped lincoln would not win re-election in 1864, and they would be able to make peace.
destroy the South's strategic and economic capacity to fight.
The victories boosted Lincoln's popularity, helping him win reelection.
General inactivity by Lee's much-damaged army until Grant launched the Overland campaign in May 1864 were some signs the south was exhausted after their 1863 losses.
In the South. By the beginning of 1864, a Confederate dollar was down to 5 cents. By the end of that year, it was down to almost nothing.