Statistics for occurrence #1 of “European” in chapter 1.40 of Southern Historical Society Papers, Volume 30.:

...anything else, hurt the Confederate cause. It is true that the Confederate Government negotiated considerable loans in Europe, but the money was kept there to pay for warships built and equipped in European ports. From this brief statement of facts it is seen that the Confederate cause was placed at a disadvantage for the lack of material supplies which were necessary for the conduct of the war and t...
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