Spalding-Pike County GaArchives News.....Confederate Money May 12 1866
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File contributed for use in USGenWeb Archives by:
Lynn Cunningham lcunnin1@bellsouth.net December 12, 2002, 3:50 pm

Griffin Tri-Weekly Star. Griffin, Ga.

A telegram from New Orleans states that Judge Duplane has decided that notes 
payable in Confederate money are worthless, and also mortgages given for 
Confederate money during the War. - Bulletin.

Such may be the law in Louisiana, but it is not the law in Georgia.

The late Convention of this State passed an ordinance declaring contracts made 
during the war, to be valid, and fixed the standard of payment at the gold value

of Confederate money when the contract was made, if the contract was based on 
Confederate money; and when based upon the sale of property, then the value of 
the property in gold is to constitute the basis of settlement, and the late 
Legislature affirmed this ordinance.

(Transcribed 12/11/02 Lynn Cunningham)
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