Confederate Finance

“Confederate Finance” by Richard Cecil Todd, published by University of Georgia Press in September 2009, is a detailed examination of the financial strategies employed by the Confederacy during the Civil War. This edition, comprising 270 pages, delves into the various measures taken to stabilize currency and facilitate foreign exchange, highlighting the desperate financial tactics adopted as the war progressed.

Readers will find an in-depth analysis of how the Confederate government managed its finances, including the seizure of enemy property, the imposition of direct taxes, and the collection of duties on trade. Todd also explores the role of the Confederate Treasury Department, detailing its organization and personnel. This scholarly work provides insight into the economic challenges faced by the Confederacy and the financial expedients that were implemented in an effort to sustain its existence during a tumultuous period in American history.