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What if President Vallandigham, 1864 election?

In 1864, the Democrats nominate Clement Vallandigham instead of George McClellan. In the election Vallandigham is able to take advantage of Civil Wars growing unpopularity, along with domestic issues such as the banking act and conscription act, to sweep the Midwest and win a close victory.

How does the war conclude under a Vallandigham presidency? What would post war United States look like under Vallandigham who famously said "it is the desire of my heart to restore the Union as it stood forty years ago."

https://en.wikipedia.org/wiki/Clement_Vallandigham
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