[418] Acts of Ala., Oct. 7, 1864; Schwab, pp. 73, 74.
[419] Acts of Ala., Dec. 10, 1861.
[420] Acts of Ala., passim. Notes of the state and of state banks were hoarded, while Confederate notes were distrusted. Pollard, “Lost Cause,” p. 421.
[421] Acts of Ala., Nov. 9, 1861; Schwab, p. 8. It was considered a matter of patriotism to invest funds in Confederate securities. Not many other investments offered; there was little trade in negroes. Pollard, “Lost Cause,” p. 424.
[422] Acts of Ala., Dec. 8, 1863.
[423] Acts of Ala., Dec. 13, 1864.
[424] Clark, “Finance and Banking,” in the “Memorial Record of Alabama,” Vol. I, p. 341. Statement of J. H. Fitts.
[425] Patton’s Message, Jan. 16, 1866.
[426] Jones, “Diary,” Vol. I, p. 114. North Carolina alone had contributed more—$325,000.
[427] Clark, “Education in Alabama,” p. 90.