Tag Archives: inflation

5 February 1864: “I enclose your renewal receipt for $5000 in Albemarle ins.e Comp.y.”

Item Description: Note, dated 5 February 1864, written from Silas Biglow to Colonel E. W. Hubard.  The note states that it accompanies an insurance renewal receipt, and discusses the increased interest rates for insurance companies. [transcription available below image] Item … Continue reading

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29 October 1863: “Cotton is the King. He gets into queer corners and obtrudes himself where his neighbors don’t like him to come.”

Item Description: “Wilmington” (editorial), The Daily Journal (Wilmington, N.C), 29 October 1863, page 2, column 1. Transcription: No one familiar with the aspects of this place prior to 1861, can fail to recognize the marked difference in the Wilmington of … Continue reading

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9 August 1863: “I don’t know how the professors can be expected to live on the same amount they received formerly when prices have increased so much.”

Item description: Letter, dated 9 August 1863, from Annie M. Schon to her sister Bettie M. Kimberly in Chapel Hill, N.C.  She discusses the devaluation of Confederate currency and difficulties in obtaining household goods, specifically shoes and clothing. [Transcription available … Continue reading

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