Money Trouble

Money Trouble
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  • Sir, Have you noticed that we are quickly running out of gold and sliver coins?
  • Why yes of course. It's beginning to be very inconvenient. Do you have any solutions?
  • Yes, I do actually. I'm glad you asked. Although I'm not sure if it will work very well.
  • Honestly, anything would help at this point, so what do you have in mind?
  • Well, how about we start printing our own paper money? It could be used as payment for salaries, goods, and more.
  • Hmmmm, that actually doesn't sound too bad. Let's give it a try!
  • Throughout early American history, people preferred to trade with gold and silver coins. However, during the Civil War, few coins were available. 
  • To keep the Southern economy going, and to pay for the war something had to change.
  • As a result, the new government of the Confederate states began printing its own paper money. People across the South were asked to accept this confederate money in payment of salaries, goods, services, and taxes. 
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