Civil War and Reconstruction in AlabamaFleming, Walter L. (Walter Lynwood)
History
Civil War and Reconstruction in Alabama
Fleming, Walter L. (Walter Lynwood)
Alabama -- History -- Civil War, 1861-1865; Reconstruction (U.S. history, 1865-1877) -- Alabama
Bacon, per pound $2.50
Fresh beef, per pound .70
Flour, per barrel 40.00
Meal, per bushel 4.00
Rice, per pound .30
Peas, per bushel 6.50
Sugar, per pound 3.00
Coffee, per pound 6.00
Candles, per pound 3.75
Soap, per pound 1.00
Vinegar, per gallon 2.50
Molasses, per gallon 10.00
Salt, per pound .30
The commissioners' prices were always lower than the prevailing market
price.
A little property or labor would pay a large debt. Merchants did not want
to be paid in money, and were sorry to see a debtor come in with great
rolls of almost worthless currency. Barter was increasingly resorted to.
There were so many different series and issues of money and so many
regulations concerning it that no one could know them all, and this
operated to discredit the currency. Besides, it was known that much of it
was counterfeited at the North and quantities sent South. Prices advanced
rapidly in 1865; state money was worth more than Confederate money, though
it was much depreciated. Board was worth $600 a month; meals, $10 to $25
each; a boiled egg, $2; a cup of imitation coffee, $5. After the news of
Lee's surrender, few would accept the paper money, though for two or
three months longer, in remote districts, state money remained in
circulation.
When Wilson's army was marching into Montgomery, a young man asked an old
negro woman who stood gazing at the soldiers if she could give him a piece
of paper to light his pipe. She fumbled in her pocket and handed him a
one-dollar state bill. "Why, auntie, that is money!" remarked the young
man. "Haw, haw!" the old crone chuckled, "light it, massa; don't you see
de state done gone up?"[476]
SEC. 3. BLOCKADE-RUNNING AND TRADE THROUGH THE LINES
Blockade-running
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