Confederate gold refers to hidden caches of gold lost after the American Civil War. Millions of dollars worth of gold was lost or unaccounted for after the war, and its possible location has been a source of speculation for many historians and treasure hunters. Allegedly, some of the Confederate treasury was hidden in the hope that the South would rise again, and at other times simply so that the Union would not gain possession of it.
When Union troops were on the verge of invading New Orleans, Confederates quickly removed millions of dollars of gold to a "safer" location – the city of Columbus, Georgia. [1] The gold was temporarily stored at the Iron Bank by William H. Young. On October 11, 1862, General P. G. T. Beauregard was ordered to take the gold from Young's bank in Columbus. Young refused to release it, but was compelled to do so by force. According to Beauregard's biography, "What became of that coin is a mystery." [2]
Amid the collapse of the Confederacy, General Henry Halleck, Chief of Staff of the Union armies, wrote on April 26, 1865, that Jefferson Davis, president of the Confederacy, was fleeing with large quantities of specie. Halleck stated that Richmond, Virginia bankers estimated specie valued "from six to thirteen millions" were traveling south from Goldsboro, North Carolina in wagons. Halleck ordered Generals Wilson and Canby to intercept the rebel leaders and any wealth they were transporting. [3] [4]
Davis did, in effect, take what was left of the stable-value [5] Confederate treasury with him, which consisted of $528,000 (equal to $10,509,496 today) in gold and silver bullion (some of it in Mexican silver coinage), when he and his cabinet fled Richmond on April 3, 1865 by train. However, the treasury increasingly became an encumbrance on his flight, and Davis had disbursed the treasury along the way, among others to General Joseph E. Johnston in order for him to pay his troops at Greensboro, North Carolina, and to several banks for safekeeping, with the remainder paid out to Joseph Wheeler's accompanying cavalry men before dismissing them from their duties. Davis had nothing on him when he was captured in the end on May 10 in Irwinville, Georgia. [6]
George Trenholm, who was Confederate States Secretary of the Treasury for the last year of the Civil War, was arrested after the war and accused of making off with millions in Confederate assets. [7] Trenholm had accompanied Davis on part of his flight but dropped out prematurely due to ill health, which was taken as circumstantial evidence by his Union accusers, when they later accused Trenholm of theft. [8]
The Confederate States of America (CSA), commonly referred to as the Confederate States (C.S.), the Confederacy, or the South, was an unrecognized breakaway republic in the Southern United States that existed from February 8, 1861, to May 5, 1865. The Confederacy was composed of eleven U.S. states that declared secession; South Carolina, Mississippi, Florida, Alabama, Georgia, Louisiana, Texas, Virginia, Arkansas, Tennessee, and North Carolina; they warred against the United States during the American Civil War.
Jefferson F. Davis was an American politician who served as the first and only president of the Confederate States from 1861 to 1865. He represented Mississippi in the United States Senate and the House of Representatives as a member of the Democratic Party before the American Civil War. He was the United States Secretary of War from 1853 to 1857.
Pierre Gustave Toutant-Beauregard was an American military officer known as being the Confederate General who started the American Civil War at the battle of Fort Sumter on April 12, 1861. Today, he is commonly referred to as P. G. T. Beauregard, but he rarely used his first name as an adult. He signed correspondence as G. T. Beauregard.
The flags of the Confederate States of America have a history of three successive designs during the American Civil War. The flags were known as the "Stars and Bars", used from 1861 to 1863; the "Stainless Banner", used from 1863 to 1865; and the "Blood-Stained Banner", used in 1865 shortly before the Confederacy's dissolution. A rejected national flag design was also used as a battle flag by the Confederate Army and featured in the "Stainless Banner" and "Blood-Stained Banner" designs. Although this design was never a national flag, it is the most commonly recognized symbol of the Confederacy.
The Battle of Fort Henry was fought on February 6, 1862, in Stewart County, Tennessee, during the American Civil War. It was the first important victory for the Union and Brig. Gen. Ulysses S. Grant in the Western Theater.
The following is a list of engagements that took place in 1862 during the American Civil War. During the summer and early spring of the year, Union forces gained several successes over the Confederacy, seizing control of Missouri, northern Arkansas, Kentucky, and western Tennessee, along with several coastal areas. Confederate forces defended the capital of Richmond, Virginia, from Union assaults, and then launched counter–offensives into Kentucky and Maryland, both of which end in Union victories.
The Second White House of the Confederacy is a historic house located in the Court End neighborhood of Richmond, Virginia. Built in 1818, it served as the main executive residence of the sole President of the Confederate States of America, Jefferson Davis, from August 1861 until April 1865. It currently sits on the campus of Virginia Commonwealth University.
The Confederate States dollar was first issued just before the outbreak of the American Civil War by the newly formed Confederacy. It was not backed by hard assets, but simply by a promise to pay the bearer after the war, on the prospect of Southern victory and independence. As the Civil War progressed and victory for the South seemed less and less likely, its value declined. After the Confederacy's defeat, its money had no value, and individuals and banks lost large sums.
George Alfred Trenholm was a South Carolina businessman, financier, politician, and slaveholding planter who owned several plantations and strongly supported the Confederate States of America. He was appointed as its Secretary of the Treasury during the final year of the American Civil War.
The western theater of the American Civil War encompassed major military operations in the states of Alabama, Georgia, Florida, Mississippi, North Carolina, Kentucky, South Carolina and Tennessee, as well as Louisiana east of the Mississippi River. Operations on the coasts of these states, except for Mobile Bay, are considered part of the Lower Seaboard Theater. Most other operations east of the Appalachian Mountains are part of the eastern theater. Operations west of the Mississippi River took place in the trans-Mississippi theater.
Military leadership in the American Civil War was vested in both the political and the military structures of the belligerent powers. The overall military leadership of the United States during the Civil War was ultimately vested in the President of the United States as constitutional commander-in-chief, and in the political heads of the military departments he appointed. Most of the major Union wartime commanders had, however, previous regular army experience. A smaller number of military leaders originated from the United States Volunteers. Some of them derived from nations other than the United States.
Mississippi was the second southern state to declare its secession from the United States, doing so on January 9, 1861. It joined with six other southern states to form the Confederacy on February 4, 1861. Mississippi's location along the lengthy Mississippi River made it strategically important to both the Union and the Confederacy; dozens of battles were fought in the state as armies repeatedly clashed near key towns and transportation nodes.
The Mississippi River campaigns, within the Trans-Mississippi Theater of the American Civil War, were a series of military actions by the Union Army during which Union troops, helped by Union Navy gunboats and river ironclads, took control of the Cumberland River, the Tennessee River, and the Mississippi River, a main north-south avenue of transport.
William Charles "Jack" Davis is an American historian who was a professor of history at Virginia Tech and the former director of programs at that school's Virginia Center for Civil War Studies. Specializing in the American Civil War, Davis has written more than 40 books on that subject and other aspects of early southern U.S. history, such as the Texas Revolution. He is the only three-time winner of the Jefferson Davis Prize for Confederate history and was awarded the Jules and Frances Landry Award for Southern History. His book Lone Star Rising has been called "the best one-volume history of the Texas revolution yet written".
The general officers of the Confederate States Army (CSA) were the senior military leaders of the Confederate States of America during the American Civil War of 1861–1865. They were often former officers from the United States Army before the Civil War, while others were given the rank based on merit or when necessity demanded. Most Confederate generals needed confirmation from the Confederate States Congress, much like prospective generals in the modern U.S. armed forces.
The military forces of the Confederate States, also known as Confederate forces or the Confederate Armed Forces and Confederate States Armed Forces, were the military services responsible for the defense of the Confederacy during its existence (1861–1865).
Jefferson Davis Memorial Historic Site is a 12.668-acre (5.127 ha) state historic site located in Irwin County, Georgia that marks the spot where Confederate States President Jefferson Davis was captured by United States Cavalry on Wednesday, May 10, 1865. The historic site features a granite monument with a bronze bust of Davis that is located at the place of capture. The memorial museum, built in 1939 by the Works Progress Administration, features Civil War era weapons, uniforms, artifacts and an exhibit about the president's 1865 flight from Richmond, Virginia to Irwin County, Georgia.
The conclusion of the American Civil War commenced with the articles of surrender agreement of the Army of Northern Virginia on April 9, at Appomattox Court House, by General Robert E. Lee and concluded with the surrender of the CSS Shenandoah on November 6, 1865, bringing the hostilities of the American Civil War to a close. Legally, the war did not end until a proclamation by President Andrew Johnson on August 20, 1866, when he declared "that the said insurrection is at an end and that peace, order, tranquillity, and civil authority now exist in and throughout the whole of the United States of America."
During the American Civil War, blockade runners were used to get supplies through the Union blockade of the Confederate States of America that extended some 3,500 miles (5,600 km) along the Atlantic and Gulf of Mexico coastlines and the lower Mississippi River. The Confederacy had little industrial capability and could not produce the quantity of arms and other supplies needed to fight against the Union. To meet this need, British investors financed numerous blockade runners that were constructed in the British Isles and were used to import the guns, ordnance and other supplies, in exchange for cotton that the British textile industry needed greatly. To penetrate the blockade, these relatively lightweight shallow draft ships, mostly built in British shipyards and specially designed for speed, but not suited for transporting large quantities of cotton, had to cruise undetected, usually at night, through the Union blockade. The typical blockade runners were privately owned vessels often operating with a letter of marque issued by the Confederate government. If spotted, the blockade runners would attempt to outmaneuver or simply outrun any Union Navy warships on blockade patrol, often successfully.
Charles Kuhn Prioleau (1827–1887) was an American cotton merchant who became the senior partner of Fraser, Trenholm & Company in Liverpool, England, a firm that functioned as the European banker of the Confederacy and was its major supplier for arms and military ware during the American Civil War. As a firm that frequently acted as the European banker of the Confederacy it often extended it credit, and was sometimes referred to as "the Confederate Embassy in England".
What became of that coin is, we believe, even to this day, a mystery. It was, doubtless, spent for the benefit of the Confederacy; but how, and to what purpose--not having been regularly appropriated by Congress--has never been made known...
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