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- Remarks of Mr. Boyce, of Greenville, in the House of Representatives of South Carolina, on the 9th December, 1862
Remarks of Mr. Boyce, of Greenville, in the House of Representatives of South Carolina, on the 9th December, 1862
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Excerpt from Remarks of Mr. Boyce, of Greenville, in the House of Representatives of South Carolina, on the 9th December, 1862: The Bill for State Endorsement of Confederate Bonds Being the Special Order for One O'clock, P. M
The large and increasing circulation of Confederate Treasury Notes de mands a remedy. The amount already in circulation is much greater tha 11 even in time of peace is necessary for our internal and foreign commerce. In the present state of affairs, a smaller amount is needed than is then. The consequence is, that our citizens and Government have to give prices so greatly enhanced as to be matter of great detriment to the public. Our individual citizens are already suffering greatly, and the Government not only snfiers with them now, but lies under the further liability of having to give its obligations at the current prices in securities which must finally be redeemed in gold and silver.
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