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The first series of Confederate paper money, issued in March 1861, bore interest and had a total circulation of $1,000,000. [1] As the war began to turn against the Confederates, confidence in the currency diminished, and the government inflated the currency by continuing to print unbacked banknotes.
Counterfeiting Confederate currency bills as souvenirs during the Civil War Samuel Curtis Upham (February 2, 1819 – June 29, 1885) was an American journalist, lyricist, merchant, bookkeeper, clerk, navy officer, prospector, and counterfeiter, during the later part of the 19th century, sometimes, known as "Honest Sam Upham".
The financing of war expenditures by the means of currency issues (printing money) was by far the major avenue resorted to by the Confederate government. Between 1862 and 1865, more than 60% of total revenue was created in this way. [4] While the North doubled its money supply during the war, the money supply in the South increased twenty times ...
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An advocate of secession, Lucy Holcombe Pickens was the only woman to be depicted on the currency of the Confederate States of America (three issues of the $100 CSA bill and one issue of the $1 CSA bill, which were printed in Columbia, South Carolina). She was also featured on one issue of $1,000 CSA loan certificates.
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 ...
The Stone Mountain Memorial half dollar was an American fifty-cent piece struck in 1925 at the Philadelphia Mint.Its main purpose was to raise money on behalf of the Stone Mountain Confederate Monumental Association for the Stone Mountain Memorial near Atlanta, Georgia.
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."