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Contributing Member
Cotton pledged.
Cotton was used as loan collateral.
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The Following 2 Members Say Thank You to David TS For This Useful Post:
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03-08-2018 03:46 AM
# ADS
Friends and Sponsors
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Legacy Member
Cotton standard instead of Gold standard! 
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Advisory Panel
Originally Posted by
CINDERS
Even though the US has not made a $3 bill since the 1800's here is a legit one from that era obviously a collectible now but it was real in the day wonder if they would still honor it..................!
Actually your bill proves my point.
-The date on that bill is 1862... Even at the time there were so many forgeries that it was unstable.
-Confederate money is today only valued by collectors as a curiosity - it has no value as an instrument of currency.
Originally Posted by
David TS
Cotton pledged.
Cotton was used as loan collateral.
-Any farmer knows that crops are subject to the whims of the weather...and the occasional marauding army.
Last edited by Lee Enfield; 03-08-2018 at 10:34 AM.
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Contributing Member
........................and the very sad trail of Slavery in which Britain
played its major part, in that illusive money making "triangle". Nuff said!
'Tonight my men and I have been through hell and back again, but the look on your faces when we let you out of the hall - we'd do it all again tomorrow.' Major Chris Keeble's words to Goose Green villagers on 29th May 1982 - 2 PARA
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PM
