[1048] Schwab, The Confederate States of America gives the best analysis and history of Southern financing.

[1049] It is possible that a few were disposed of to contractors in payment for materials.

[1050] Mason Papers. Mason to Slidell, Sept. 27, 1862.

[1051] Ibid., Slidell to Mason, Oct. 2, 1862.

[1052] Slidell's daughter was engaged to be married to Erlanger's son.

[1053] Slidell himself wrote: "I should not have gone so far in recommending these propositions ... had I not the best reason to believe that even in anticipation of its acceptance the very strongest influence will be enlisted in our favour." (Richardson, II, p. 340. To Benjamin, Oct. 28, 1862.)

[1054] Schwab, The Confederate States of America, pp. 30-31. Schwab is in error in stating that Erlanger himself went to Richmond, since it appears from Slidell's letters that he was in constant contact with Erlanger in Paris during the time the "agents" were in Richmond.

[1055] Richardson, II, 399-401, Jan. 15, 1863.

[1056] Ibid, p. 420. Mason to Benjamin, Feb. 5, 1863.

[1057] Mason Papers, Jan. 23, 1863.