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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 ...
The Confederate States accounted for 70% of total US exports by dollar value. Confederate leaders believed that this would give the new nation a firm financial basis. Cotton was the primary export, accounting for 75% of Southern trade in 1860.
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.
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During the Civil War, he was a colonel of a militia regiment in 1864 and was an appraiser of the Confederate States Government to regulate the value of the Confederate dollar. [ 2 ] Electoral history
In February 1862, he acquired a sample of Confederate money and quickly started producing his own counterfeits. His first printing consisted of 3,000 five-dollar notes, each stamped at the bottom with the words, "Fac-simile Confederate Note – Sold wholesale and retail by S.C. Upham 403 Chestnut Street, Philadelphia."
Millions of dollars worth of gold was lost or unaccounted for after the war, and its possible location has been a source of speculation for many historians and treasure hunters. Allegedly, some of the Confederate treasury was hidden in the hope that the South would rise again, and at other times simply so that the Union would not gain ...
The Susan B. Anthony dollar was minted from 1979 to 1981, and then again in 1999. The Dolley Madison silver dollar was available to buy in 1999, made to commemorate the 150th anniversary of Dolley Madison’s death. [18] The Presidential dollar coins, the first of which was released in 2007, commemorate deceased presidents of the United States.