How did the government get its money into circulation? At the start of the war, did people go to their local bank and trade in greenbacks for Confederate dollars? Was the major method of circulation through paydays to the soldiers, who then sent it home and trickled it down into the local economies?
Did USA dollars continue to be accepted and circulated in the Confederacy throughout the war? Was it confiscated by the CSA government? Did people just hide it under their mattresses and use it to trade with foreign merchants and/or use it again after the war was over?
Mike
Did USA dollars continue to be accepted and circulated in the Confederacy throughout the war? Was it confiscated by the CSA government? Did people just hide it under their mattresses and use it to trade with foreign merchants and/or use it again after the war was over?
Mike