Browsing named entities in Edward Alfred Pollard, The lost cause; a new Southern history of the War of the Confederates ... Drawn from official sources and approved by the most distinguished Confederate leaders.. You can also browse the collection for February 17th, 1864 AD or search for February 17th, 1864 AD in all documents.

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risoners. alarming reduction of supplies. Major French's letter. Lee's troops bordering on starvation. eight points presented to Congress. what it did. the condition of the currency. Congress curtails the currency one-third. act of 17th February, 1864.secretary Seddon gives the coup-de-grace to the currency. his new standard of value in wheat at forty dollars a bushel. disorders of the currency and commissariat as contributing to desertions. impracticability of all remedies for deseroved to be in the restricted territory remaining under the Confederate sway. Legislation was deemed to be absolutely necessary to bring down the bulk of this circulation, and to give greater value to the paper dollar. Accordingly, on the 17th February, 1864, an act of Congress was passed of a very sweeping character. The design of the law was, to call in from circulation, the whole outstanding six hundred millions of paper money; and to substitute for the old a new issue of greatly enhanced v