The life and times of Memminger . te paper. The delays incident tosuch a state of things produced many difficulties, and ren-dered it impossible to furnish an amount in notes adequateto meet the daily requisitions of the departments. The bankswere applied to for a loan of their notes to meet the promptly responded, and the balance due them is setforth in one of the schedules accompanying this report. ^ This statement will also explain why the Confederatetreasury notes were at first so objectionable in appearanceUntil the Richmond mills had secured the necessary machinery and
The life and times of Memminger . te paper. The delays incident tosuch a state of things produced many difficulties, and ren-dered it impossible to furnish an amount in notes adequateto meet the daily requisitions of the departments. The bankswere applied to for a loan of their notes to meet the promptly responded, and the balance due them is setforth in one of the schedules accompanying this report. ^ This statement will also explain why the Confederatetreasury notes were at first so objectionable in appearanceUntil the Richmond mills had secured the necessary machinery and stock for the manufacture of bank-note paperour supply was obtained entirely from Northern citiesthrough friends in Maryland, whose expedients to secure thesafe delivery at Richmond of the much-needed paper havefurnished to me a story abounding in ingenious device andthrilling adventure. In perfecting the organization of the several divisions andsub-divisions of the Treasui:y Department, the system devised 1 See Appendix for 1. ALEXANDER B. CLITHERALL, Register. 2. ROLLING BAKER, Auditor. 3. EDWARD C. ELMORE, Treasurer. 4. Treasury Department, C. S. A. CONFEBERA C Y FORMED. 319 by Alexander Hamilton, and still in use at Washingtoncity, was with some modifications adopted by Mr. Memmin-ger. At the commencement of his administration the Sec-retary was fortunate in securing the valuable services of anumber of gentlemen, whose sympathies with the cause ofthe Confederacy prompted them to resign prominent posi-tions in the United States Treasury Department and to ten-der their services to the Confederate government. Clayton, who had been assistant secretary under Cobb, at Washington, was appointed Assistant Sec-retary of the Confederate Treasury. Having a knowledgeof the forms, and of the general working of the system atWashington, he rendered valuable services in the organiza--tion of our department. Accompanying Mr. Clayton toMontgomery from Washington
Size: 1229px × 2032px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1890, bookidlifetimesofc, bookyear1893
