Browsing named entities in a specific section of Thomas C. DeLeon, Four years in Rebel capitals: an inside view of life in the southern confederacy, from birth to death.. Search the whole document.
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Chapter 26: the failure in finance. Was cotton really King? how it might have been made so Government's policy comparison with northern finance why the South believed in her advantage how the North buoyed up her credit contractors and Bondholders feeling at the South on the money question supply and demand for paper distrust creeps in rapid depreciation. When the competent historian shall at last undertake a thoughtful work upon our great struggle, there can be little doubt that he will rank among the primary causes of the Confederacy's dissolution the grave errors of its financial system. These errors he will find not only in the theory and framework of that system-founded upon a fallacy, but also in the detailed workings of its daily management; and in persistent adherence to a line of policy, each day proved more fatal. In a previous chapter, allusion has been made to the feeling of conscious superiority, pervading all classes of government and people at