A Nation Divided: Confederate States of America War Bonds

*Post written by James Wethington, library assistant of the University Archives and Special Collections.

The Confederate States of America was a group of eleven Southern states who seceded the Union following the election of Abraham Lincoln in 1860 because of his anti-slavery platform (Editors of Encyclopædia Britannica, n.d.).

Secession started in 1860 until mid-1861 as the following (University of Georgia, 2016):

  • South Carolina: December 20, 1860
  • Mississippi: January 9, 1861
  • Florida: January 10, 1861
  • Alabama: January 11, 1861
  • Georgia: January 19, 1861
  • Louisiana: January 26, 1861
  • Texas: February 1, 1861
  • Virginia: April 17, 1861
  • Arkansas: May 6, 1861
  • North Carolina: May 20, 1861
  • Tennessee: June 8, 1861

The creation of government of the Confederacy began in February 1861 until the Confederate Army’s surrender at Appomattox Courthouse, Virginia on April 9, 1865 (Editors of Encyclopædia Britannica, n.d.). Rick Winters, an Evansville-native who served in the Vietnam War, donated this piece, donated this rare piece of American history.

One thousand dollars. No. 28123 Eight per cent, July 1, 1868. The Confederate States of America Loan. Authorized act of Congress. C.S.A. February 20, 1863 On the 1st day of July 1868, the Confederate States of America will pay to the Bearer of the Bond, at the seat of government or at such place of deposit as may be appointed by the Secretary of the Treasury, the sum of ONE THOUSAND DOLLARS with interest there on from date, at the rate of eight per cent per annum payable sum annually on the surrender of the annexed Coupons. This contract is authorized by an act of Congress approved February 20, 1863 entitled [and set to] authorize the issue of BONDS for funding Treasury notes and is upon the [express] conditions that said Confederate States may from time to time extend the time of payment for any period not exceeding thirty years from this date at the rate of interest, upon the surrender of the Bond. In Witness whereat the Register of the Treasury in pursuance of said act of Congress hath here unto ser his hand and affixed the seal of the Treasury at Richmond, this 2nd day of March 1863.

Confederate States of America Bond, March 1863. (Donated by Rick Winters)

Numerous novels such as North and South trilogy by John Jakes, Cold Mountain by Charles Frazier, Gone with the Wind by Margaret Mitchell, The Red Badge of Courage by Stephen Crane, and so many more have used the American Civil War as a background for their stories. If you are interested in viewing this artifact, you may schedule an appointment or come in during normal operating hours.

References

Editors of Encyclopædia Britannica. (n.d.). Confederate States of America. Retrieved May 03, 2017, from https://www.britannica.com/topic/Confederate-States-of-America

University of Georgia. (2016, April 6). Dates of secession. Retrieved May 03, 2017, from http://www.libs.uga.edu/hargrett/selections/confed/dates.html

This entry was posted in American history, Americana, Civil War, history. Bookmark the permalink.

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