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Source
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At their meeting, convened 21
October 1861, the Rebel "Government in Exile" passed an Act, dated 5
November 1861, authorizing an issue of State bonds. For some
unknown reason they spelled Defence with a "c."
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1
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These bonds were engraved by
Keating & Ball of Columbia, So. Car. on paper watermarked
W.T.&Co. or T.E.C.&Co. and sometimes on unwatermarked paper.
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2
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They were issued in
denominations or $1.00, $3.00, $4.00 and $4.50. On these notes
appears "Under the Act of November 5th 1861."
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There was another issue called
"Requisition for Missouri Defence bonds" issued in denominations of
$20.00, $50.00, and $100.00
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2
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Benjamin Ulpian Massey writes
that he signed some of these bonds "in the absence of my father" at
some period in the fourth Quarter of 1862. I could find no
explanation of why it took about a year to produce the bonds.
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1
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An article states that "only a
few of these bonds were even signed, it is indeed doubtful that any of
them were even used in actual circulation."
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2
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Both Lou Hough and I have tried
to locate examples of these bonds, but we have learned that they are
very rare, and consequently very expensive; many dealers in rare coins
and stamps have never seen or heard of them.
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A dealer's sheet was found that
illustrated all denominations of these bonds. All examples had
the "c" spelling in the word defence. Space was allowed in the
186_ date for it to be written in at the time they were signed and
countersigned.
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The illustrations in the Catalog
show:
No Seal Stamp on.
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No signature at all.
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No date of signing.
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Price:
$40 - $50 each.
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None in store anywhere. [... but Cullen Langford found one, shown here - GL,III, ed.]
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