The nonpartisan (constitutionalist) provisional Confederate Congress authorizes the establishment of the Army of the Confederate States.
[restored 3/13/2022]
The nonpartisan provisional Confederate Congress contracts with National Bank Note company of New York City to produce interest bearing notes (Bills of Credit) to circulate in the Confederacy as fiat (Latin for “let it become”) currency.
NOTE: The Confederate bank notes contained a redemption promise to be exchanged for gold Coin (lawful Money) six months after recognition by the united States.
[restored 3/13/2022]
Subsequent Events:
Authority:
Provisional Confederate Constitution, Article I, Section 6 [Clauses 2 and 12]
avalon.law.yale.edu/19th_century/csa_csapro.asp
References:
“Today in History,” Orange County (California) Register, 9 March 2011, News:3.
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 164.
Confederate States dollar – Wikipedia
en.wikipedia.org/wiki/Confederate_States_dollar
Current U.s. National Debt:
