The Confederate Government Bonds
At the very start of the Civil War, the young Confederacy needed a lot of money – and fast! The Confederate government started producing bonds for their civilians, issuing them in various amounts.
What is a Bond? It is a loan to the government with a promise that the money would be returned at a set time, with interest. Of course, the Confederates lost the war and the government was disbanded so many people lost out on their investment.
American Militaria Reference
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