How much money did the Confederacy have?

Question

Killian Waller

History

23 December, 10:55

How much money did the Confederacy have?

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Answers (2)

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Belen · 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).

Maliyah Ballard · 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).