Category Archives: inflation

November 9, 1865: Miscellaneous items

“Thomas Clement Fletcher” by Missouri Life Inc. – Missouri Governor Portraits. The Cape Girardeau Argus of November 9, 1865 has a number of items of interest. First, Governor Fletcher shows himself to be a somewhat moderate Radical, asking for modifications … Continue reading

Posted in Franchise, Freedmen, inflation, Loyalty oath, Missouri, Thomas Fletcher | Leave a comment

March 16, 1864: Reversing inflation in the Confederacy

As we’ve seen, the Confederate Congress passed a bill that constricted the supply of money. It reversed the severe inflation they had been experiencing during the war, at least until the situation became hopeless. The Richmond Daily Dispatch reports on … Continue reading

Posted in Confederacy, inflation, Money | Leave a comment

February 2, 1864: Economic troubles in the south

Inflation was hitting the Confederacy pretty hard, and the Confederate Congress responded with some bills to raise more revenue, while at the same time raising government salaries. The bill “regulating the currency” replaced bills of value over 5 dollars with … Continue reading

Posted in Confederacy, inflation, Money | Leave a comment