How much money did the Confederacy have?

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History

Korbin Sherman

12 November, 17:32

How much money did the Confederacy have?

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Answers (2)

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Jordon Charles · Answer 1

At the beginning of the war the Confederacy had some $47 million in bank deposits (compared to $189 million in Northern banks), and $27 million in specie (gold and silver coins) holdings (compared to $45 million worth in the northern states).

Jaida Sandoval · Answer 2

At the beginning of the war the Confederacy had some $47 million in bank deposits (compared to $189 million in Northern banks), and $27 million in specie (gold and silver coins) holdings (compared to $45 million worth in the northern states).