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The Confederate Government pledged the export tax on cotton to give credit to their bonds. They next forbade the shipment of cotton to the ports from which it might be exported.
Ever since the Civil War, various British investors have hopefully and stubbornly clung to $120,000,000 par value of the bonds of the Confederate Government. The bonds were originally floated ...
War bonds trace their history as far back as the Revolutionary War, and helped finance efforts in the Civil War and the Spanish-American War as well. However, it wasn’t until 1917, ...
Based on accounts of how this war is going, you might as well invest in Confederate war bonds — one is no less a lost cause than the other was. Unlike the author, ...
Author David Thomson blended Civil War-era financial and political history to show how the marketing and sale of bonds helped ensure foreign countries' vested interest in the Union's success. The ...
Financing the War How did the United States pay for the Civil War? According to Prof. Thomson (Sacred Heart University), financier Jay Cooke was the critical actor in helping save the Union by ...
War bonds trace their history as far back as the Revolutionary War, and helped finance efforts in the Civil War and the Spanish-American War as well. However, it wasn’t until 1917, ...