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The Confederate States dollar was first issued just before the outbreak of the American Civil War by the newly formed Confederacy. It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence.
The currency of the American colonies, 1700–1764: a study in colonial finance and imperial relations. Dissertations in American economic history. New York: Arno Press, 1975. ISBN 0-405-07257-0. Ernst, Joseph Albert. Money and politics in America, 1755–1775: a study in the Currency act of 1764 and the political economy of revolution. Chapel ...
Beginning with South Carolina (December 20, 1860) and ending with Tennessee (June 8, 1861), 11 states seceded from the Union to form the Confederate States of America. The Act of March 9, 1861 passed by the Congress of the Confederate States authorized the issue of $1,000,000 in Confederate banknotes , followed by an additional $1,000,000 in ...
Confederate States of America currency (1 C, 2 P, 1 F) Pages in category "Historical currencies of the United States" The following 48 pages are in this category, out of 48 total.
Media in category "Confederate States of America currency" This category contains only the following file. NC 1861 5 cent rear.jpg 777 × 436; 164 KB
The main prewar agricultural products of the Confederate States were cotton, tobacco, and sugarcane, with hogs, cattle, grain and vegetable plots. Pre-war agricultural production estimated for the Southern states is as follows (Union states in parentheses for comparison): 1.7 million horses (3.4 million), 800,000 mules (100,000), 2.7 million dairy cows (5 million), 5 million sheep (14 million ...
CSA first issue (1861) $100 signed by Elmore as Treasurer.. Elmore was a well-educated native of Columbia, South Carolina.Some accounts have him a native of Alabama; he was related to Judge John A. Elmore, who had been law partners with William Lowndes Yancey, and he "was related to leading families in Alabama and South Carolina."
The first official flag of the Confederate States of America—called the "Stars and Bars"—originally had seven stars, representing the first seven states that initially formed the Confederacy. As more states joined, more stars were added, until the total was 13 (two stars were added for the divided states of Kentucky and Missouri).