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Lot 504

[CIVIL WAR]. General Order....The money issued by the Confederate Government is secure. Charleston, VA 24 September 1862. 
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Estimate
$1,500 - 2,500
Price Realized
$1,375
Sold prices are inclusive of Buyer’s Premium
Lot Description
[CIVIL WAR]. General Order....The money issued by the Confederate Government is secure. Charleston, VA 24 September 1862. 

Visible 11 7/8 x 7 7/8 in. letterpress broadside (minor toning and offsetting); matted and framed to 15 3/4 x 11 3/4 in. (not examined out of frame). Signed in type by Major General William W. Loring and H. Fitzhugh, Chief of Staff. 

An unnumbered General Order issued by Major General William W. Loring (1818-1886) in order to quell rumors of Confederate insolvency and reiterate that Confederate notes are secure and convertible to 8% bonds. 
 
The broadside is dated just 11 days after the Battle of Charleston, in which Loring and the Confederate forces had successfully reoccupied the city after it had been in Union hands since very early in the war. Many in the area were ardent Unionists who would have been naturally skeptical of accepting Confederate currency or uninterested in business dealings with the rebels. Without local support, Loring did not attempt to defend their occupation just five weeks later when they received news that Union troops were approaching. Parrish & Willingham 1517.

Property from the James Milgram, M.D., Collection of Broadsides, Ephemeral Americana, and Historical Documents
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