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Confederate President Jefferson Davis asked private citizens to restore the value of the Confederate dollar by mutually agreeing to sell and buy items only at reduced prices. [4] In October 1863, Confederate States Senator Louis Wigfall of Texas said that a Confederate soldier received $11 per month in pay, which was worth the same as $1 had ...
Confederate half dollar coin. The Confederate government also tried to raise revenue through unorthodox means. In the first half of 1861, when the support for secession and the military effort was running strong, the donation of coins and gold to the government accounted for about 35% of all sources of government funds.
The Confederate State of North Carolina issued currency during the years 1861, 1862, 1863 and 1864. The most recent state currency issue prior to this were the Colonial American banknotes issued during the 18th century.
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 ...
Confederate States dollar banknotes (featured picture set) (72 F) Pages in category "Confederate States of America currency" The following 2 pages are in this ...
The Confederate States of America (1861-1865) started with an agrarian-based economy that relied on slave-worked plantations for the production of cotton for export to Europe and to the northern states. If classed as an independent country, the area of the Confederate States would have ranked as the fourth-richest country of the world in 1860. [31]
These can range in value from a few hundred dollars each to several thousand dollars and more. One of the highest prices paid came in 2018, when a 1958 Full Bell Line Franklin half dollar sold for ...
Both the individual Confederate states and later the Confederate government printed Confederate States of America dollars as paper currency in various denominations, with a total face value of $1.5 billion. Much of it was signed by Treasurer Edward C. Elmore. Inflation became rampant as the paper money depreciated and eventually became worthless.