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Date Posted: 20:08:23 11/13/02 Wed
Author: Bdizel
Subject: Ch 14 Money and Manpower

Money and Manpower
A. Funding problems with Confederate
1. The south firs tried to not at the south people
a. States were unwilling to tax their citizens
b. Paid their shares to go.
2. Find ways to get the money
a. Borrow money
b. Issued bonds, but public lost faith in them and stopped
3. Begin to make paper currency in 1861
a. Didn’t establish a uniform currency system
b. The national government, states, cities, and private banks issued their own note, which equals chaos and confusion
4. Result was disastrous inflation
a. North prices rose 80%
b. South prices rose 9,000%
B. Raising the Confederate Amy
1. First raised military by calling volunteers
a. Rates declined by the end of1861
2. Congress enacted a Conscription Act, in 1862
a. All white males between 18 and 35 years old had to service for 3 years
b. The exemption was for one white man they had to give twenty or more slave
i. Smaller farmers complain: “ It’s a rich man war but a poor man’s fight.”
c. More southern were exempted form military service than northerners
C. Manpower Shortages
1. In t1862 there were 500,000 men in the confederate military
a. 900,000 over the entire war
i. not including slaves men and women
2. after 1862 conscription began producing fewer men
a. Because of the union seize large area of confederation

3. 1864 braking point of manpower shoutage
a. tried having younger and older men
b. defeat was inevitable

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