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Tag Archives: confederate blockade

Confederate bonds were circulated as cash, but lost value quickly

Baptists and the American Civil War: December 22, 1861

As the year draws to the a close, the Confederate economy is on unsteady ground. Prior to the war, the combined economies of the southern states that now comprise the Confederacy would have ranked the South as the fourth richest nation in the world. The South’s monetary landscape today, however, is in the early stages…

December 22, 2011 in Archive: This Day in Civil War History.

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