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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 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.
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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The money was mostly wasted on ships that were never delivered (because of the Union blockade) and in futile efforts to prop up the price of Confederate bonds to fool Europeans that the new nation was doing well. [33] The British had money to invest. They bought some Confederate bonds but spent far more on the blockade runners as in Confederate ...
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."
Portrait of Dodd (1912) David Owen Dodd was born in Lavaca County, Texas, to Andrew Marion and Lydia Echols (née Owen) Dodd. [1] [2] His parents, who were Baptists, [3] had married in a village south of Little Rock and moved to Texas with their first daughter Senhora, where David and his sisters Leonora and Ann Eliza were born.
Nathan Bedford Forrest (July 13, 1821 – October 29, 1877) was a 19th-century American slave trader active in the lower Mississippi River valley, a Confederate States Army general during the American Civil War, and the first Grand Wizard of the Reconstruction-era Ku Klux Klan, serving from 1867 to 1869.