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Later currency delayed the promised payout until two years after a peace treaty. The notes were commonly called “graybacks,” after Confederate soldiers, who wore gray uniforms. The bills were ...
A decimal system for the currency of coins ... The traffic in gold and silver against the notes of the Confederate States of America, is hereby expressly prohibited. Delinquents will be visited ...
In a lesson straight out of freshman economics, as the supply of Confederate bills shot up, their value crashed. By the time the Confederacy dissolved on May 5, 1865, the currency was already ...
If instead of this property the Government had the value, even at only sixpence a pound, in gold, who can doubt that the Confederate currency would never have lost a specie basis? Why should not a ...
About $2-billion worth of currency was produced by the government of the South to finance its part in the Civil War. In the seventh edition of Confederate States of America Paper Money ...
Lee, who commanded the Army of Northern Virginia during the Civil War, contained relics such as buttons and bullets, Confederate currency, maps, a rare picture of assassinated president Abraham ...
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What happened to Confederate money after the Civil War?Later currency delayed the promised payout until two years after a peace treaty. The notes were commonly called “graybacks,” after Confederate soldiers, who wore gray uniforms. The bills were ...
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