yobarnacle
DP Veteran
- Joined
- Jan 25, 2012
- Messages
- 1,495
- Reaction score
- 291
- Gender
- Male
- Political Leaning
- Independent
Re: When will the Dollar Collpapse ?
" In April 1865, the Civil War ended for most Americans. The war, and its various aspects, continues to capture the interest and imagination of many Americans who are fascinated by the battles, leaders, and strategy displayed during that conflict. Mysteries endure, too, including the ultimate disposition of the Confederate treasury."
"The trek south of the Confederate government has been well documented in a number of first hand accounts written several years after the war. The authors were primarily participants in the evacuation of Richmond and they included Confederate cabinet officials, army officers, and treasury employees. Many of the accounts were published in the papers of the Southern Historical Society, in an effort to dispel rumors that Davis took the money for himself and his family. One treasury clerk ― in particular, Micajah Clark ― provided a detailed accounting of the disposition of the funds.
An aspect of the treasure that Clark omitted concerned the fate of 39 kegs of Mexican silver dollars. These were coins that the Confederacy received through the sale of cotton to Mexico. The Mexican coins had been transported to Danville, Virginia, and when the Davis party was forced to move further south, primarily by wagon, the more than 9,000 pounds of silver would have considerably slowed down the procession. For this reason, the coins were almost certainly buried in Danville, and evidence suggests, they remain there today.
The various narratives of the disbursement of the treasury end in Washington, Georgia on May 4, 1865, when two Confederate Navy officials, James A. Semple and Edward Tidball, were entrusted with $86,000 in gold. Jefferson Davis stated in his 1881 book, The Rise and Fall of the Confederate Government, that the “transfer of the treasure was made to Mr. Semple, a bonded officer of the Navy, and his assistant, Mr. Tidball.” Davis added only that the instructions to Semple were for him to attempt to deliver the gold abroad to the financial agent of the government. He was referring to the commercial house of Fraser, Trenholm & Company in Liverpool, England. Postmaster General John Reagan, who was with Davis in Danville, added more detail, recalling that the gold was to be hidden in the false bottom of a carriage. The mystery thus began when Semple and Tidball disappeared.
Tidball, for his part, decided that the war was over for him, as he was seen a few days later heading north from Georgia, accompanied by a Confederate judge and a paroled army officer. The former assistant to Confederate Navy Secretary Stephen Mallory returned to Winchester, Virginia, where he built an elaborate house, Linden Farm, and became a prominent citizen. He received a pardon in August 1865, and in 1872, was elected to the Virginia House of Delegates. Given these events, and his extensive property, Tidball very likely profited from a disbursement of the treasury in Georgia. In fact, during a recent renovation of Linden Farm by its owner, a document found hidden in a wall confirms Tidball’s possession of a portion of the gold.
For Semple, as with Tidball, history is mute on the activities of both men. In the 1938 book, Flight Into Oblivion, by A.J. Hanna, The Long Surrender by Burke Davis in 1985, and in 2001, An Honorable Defeat: the Last Days of the Confederate Government by Williams C. Davis, the mystery of the disappearing gold was unresolved. The lack of discussion in these books is not surprising. Semple did seem to disappear into the night, "
"The evidence is strong that no one else managed to dig up the silver either, quite possibly because of where it was buried… in a cemetery area. Then too, given the volume and weight of the silver, the digging would have certainly been noticed by soldiers and townspeople, whether during the day or at night under the glow of kerosene lamps. Possibly, the fact that almost 1,400 Union soldiers, former prisoners warehoused in the town, had died of smallpox, dysentery, and other diseases and were buried nearby, could also have discouraged random digging.
"In any case, caches of the silver coins have reportedly been detected at several locations in the Danville search area. A Colorado company, hired by a private individual, performed a geophysical survey and employed pulse induction instruments to identify the locations of the silver (and a small amount of gold). With the technology of today, why does the specie remain buried? For one reason only. The coins are buried on city-owned land, and Danville officials, concerned about disturbing graves, continue to refuse all requests to dig, even test holes.
Perhaps the city will ultimately change its mind and enrich its coffers with the largest portion of the estimated $16 million in value."
History News Network
" In April 1865, the Civil War ended for most Americans. The war, and its various aspects, continues to capture the interest and imagination of many Americans who are fascinated by the battles, leaders, and strategy displayed during that conflict. Mysteries endure, too, including the ultimate disposition of the Confederate treasury."
"The trek south of the Confederate government has been well documented in a number of first hand accounts written several years after the war. The authors were primarily participants in the evacuation of Richmond and they included Confederate cabinet officials, army officers, and treasury employees. Many of the accounts were published in the papers of the Southern Historical Society, in an effort to dispel rumors that Davis took the money for himself and his family. One treasury clerk ― in particular, Micajah Clark ― provided a detailed accounting of the disposition of the funds.
An aspect of the treasure that Clark omitted concerned the fate of 39 kegs of Mexican silver dollars. These were coins that the Confederacy received through the sale of cotton to Mexico. The Mexican coins had been transported to Danville, Virginia, and when the Davis party was forced to move further south, primarily by wagon, the more than 9,000 pounds of silver would have considerably slowed down the procession. For this reason, the coins were almost certainly buried in Danville, and evidence suggests, they remain there today.
The various narratives of the disbursement of the treasury end in Washington, Georgia on May 4, 1865, when two Confederate Navy officials, James A. Semple and Edward Tidball, were entrusted with $86,000 in gold. Jefferson Davis stated in his 1881 book, The Rise and Fall of the Confederate Government, that the “transfer of the treasure was made to Mr. Semple, a bonded officer of the Navy, and his assistant, Mr. Tidball.” Davis added only that the instructions to Semple were for him to attempt to deliver the gold abroad to the financial agent of the government. He was referring to the commercial house of Fraser, Trenholm & Company in Liverpool, England. Postmaster General John Reagan, who was with Davis in Danville, added more detail, recalling that the gold was to be hidden in the false bottom of a carriage. The mystery thus began when Semple and Tidball disappeared.
Tidball, for his part, decided that the war was over for him, as he was seen a few days later heading north from Georgia, accompanied by a Confederate judge and a paroled army officer. The former assistant to Confederate Navy Secretary Stephen Mallory returned to Winchester, Virginia, where he built an elaborate house, Linden Farm, and became a prominent citizen. He received a pardon in August 1865, and in 1872, was elected to the Virginia House of Delegates. Given these events, and his extensive property, Tidball very likely profited from a disbursement of the treasury in Georgia. In fact, during a recent renovation of Linden Farm by its owner, a document found hidden in a wall confirms Tidball’s possession of a portion of the gold.
For Semple, as with Tidball, history is mute on the activities of both men. In the 1938 book, Flight Into Oblivion, by A.J. Hanna, The Long Surrender by Burke Davis in 1985, and in 2001, An Honorable Defeat: the Last Days of the Confederate Government by Williams C. Davis, the mystery of the disappearing gold was unresolved. The lack of discussion in these books is not surprising. Semple did seem to disappear into the night, "
"The evidence is strong that no one else managed to dig up the silver either, quite possibly because of where it was buried… in a cemetery area. Then too, given the volume and weight of the silver, the digging would have certainly been noticed by soldiers and townspeople, whether during the day or at night under the glow of kerosene lamps. Possibly, the fact that almost 1,400 Union soldiers, former prisoners warehoused in the town, had died of smallpox, dysentery, and other diseases and were buried nearby, could also have discouraged random digging.
"In any case, caches of the silver coins have reportedly been detected at several locations in the Danville search area. A Colorado company, hired by a private individual, performed a geophysical survey and employed pulse induction instruments to identify the locations of the silver (and a small amount of gold). With the technology of today, why does the specie remain buried? For one reason only. The coins are buried on city-owned land, and Danville officials, concerned about disturbing graves, continue to refuse all requests to dig, even test holes.
Perhaps the city will ultimately change its mind and enrich its coffers with the largest portion of the estimated $16 million in value."
History News Network
