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| Field name | Value |
|---|---|
| Collection Reference Number | GLC00832.01 |
| From Archive Folder | Items related to the Confederate Congress' attempts to raise funds |
| Title | C. G. Memminger to George A. Trenholm requesting guidance on issuing bonds |
| Date | 20 May 1863 |
| Author | Memminger, C. G. (Christopher Gustavus) (1803-1888) |
| Recipient | Trenholm, G.A. |
| Document Type | Correspondence |
| Content Description | Memminger, Secretary of the Confederate Treasury, requests the financial advice of Trenholm, Confederate agent in Europe. Reports a measure adopted by the Confederate Congress for "raising 250 millions by the issue of 20 year bonds, with Coupons payable at the pleasure of the Government in Coin or Cotton." Requests Trenholm's guidance on bringing these bonds into domestic and foreign markets, stating that the bonds' value in Europe "would be compounded of two elements, the value of Gold here and Cotton there." Written on Confederate States Treasury stationery. Marked as a copy. Trenholm, a Charleston, S.C. merchant, was a Confederate agent in Europe, selling cotton and tobacco for arms and ammunition. He was appointed Secretary of the Confederate Treasury in 1864. |
| Subjects | Civil War Military History Confederate General or Leader Confederate States of America Finance Economics Banking Coins and Currency Cotton Global History and Civics |
| People | Memminger, Christopher Gustavus (1803-1888) Trenholm, G. A. (1806-1876) |
| Place written | Richmond, Virginia |
| Theme | The American Civil War; Banking & Economics |
| Sub-collection | Papers and Images of the American Civil War |
| Additional Information | Trenholm, a merchant from Charleston, South Carolina, was appointed Secretary of the Confederate Treasury in 1864. |
| Copyright | The Gilder Lehrman Institute of American History |
| Module | Civil War, Reconstruction and the Modern Era: 1860-1945 |