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Category Archives: 150 Years Ago This Week
black gold
Inflation in the Confederacy wasn’t just wreaking havoc on prices for basic needs like flour. Slave prices were at their highest ever in Richmond. From the Richmond Daily Dispatch October 24, 1863: High prices. –The highest prices yet paid for … Continue reading
Richmond voters against maximum prices
150 years ago yesterday a referendum was held in Richmond so that voters could let their state representatives know whether or not the voters supported the “maximum bill” (price controls) that was being considered by the Virginia legislature. It didn’t … Continue reading
Richmond referendum
As inflation was ravaging the Confederacy 150 years ago, the Virginia state legislature was mulling over a “maximum bill” to regulate prices on a variety of goods. The Richmond city council called a referendum so that Richmond legislators would know … Continue reading
buried treasure
As the Confederate economy was increasingly squeezed Southerners had to make due with less and come up with creative product substitutes. 150 years ago today evidence was published of another way to find supplies – digging up the graves of … Continue reading
price ceilings sound great
experience shows they don’t work out In last week’s post about price controls and the money supply I focused on the money printing. However, the price control part of the Richmond editorial was apparently alluding to a “maximum bill” to … Continue reading
“marred in the transmission”
President Davis got out of the office for a bit in October 1863 and toured South Carolina, Georgia, and General Bragg’s recently victorious Army of Tennessee on Missionary Ridge outside Chattanooga. Here’s a report that focuses on his speech to … Continue reading
unquenchable
Hey, we got a Union to save. From The Papers And Writings Of Abraham Lincoln, Volume Six: CALL FOR 300,000 VOLUNTEERS, OCTOBER 17, 1863. BY THE PRESIDENT OF THE UNITED STATES OF AMERICA: A Proclamation. Whereas the term of service … Continue reading
nursing the wounded
Yesterday while I was doing a little exploring at the Library of Congress, I discovered the image to the left of Walt Whitman, said to be “taken from life” in 1863 (apparently by Alexander Gardner). I read a few of … Continue reading
Sickles’ turn at bat?
This might not be on par with the May 1863 capture of Richmond, but here an upstate New York newspaper prints the rumor that there has been another command change in the Army of the Potomac. On the other hand, … Continue reading
“Be he miser or patriot”
Here’s an example of an individual state trying to deal with the Confederacy’s rapid increase in the money supply. The Virginia Legislature was working on a scheme that would allow the national government to slow the printing of money by … Continue reading
