Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1869-04-15
Atts pf the geqislatnre
AN ACT
To Determine the Value of Confedera'
Money.

To Determine the value Oh Confederate
Money.
Whereas, during the years 1861, 1862, 1863,
1854 and part of the year 1865, in the exchange
and transfer of real and personal property, Con-
federate States notes. issued by the socalled Con-
federate States Government were used as basis OF
value or medium of exchange; and whereas, the
value of said Confederate States notes was greatly
less than the lawful money of the United States !;
and whereas, the payment Of debts and obligations
contracted during said years in said Confederate
States notes is now sought to be enforced in the
lawful money of the United States therefore,
SECTION l. Be 1t enacted 6y the Senate and
House of Representatives. of the State Of South
Carohna mop met and sitting IN General Asse"'b-
In, and Iy the authority of the same, That the va
lue ofall debts and obligations, whether under SEAL
created or contracted in Confederate States notes
as basis of value, issued by the so-called Con-
federate States Government, in or by any bills,
bonds or notes assimiated or made equivalent in
value to Confederate States notes, by any law or
custom of trade during the years 1861, 1862, 1868,
1864, and 1865, shall be determined by the value
ofsaid Confederate States notes in the lawful money
of the United States at the time such debts or OBJ
legations were created or contracted
SEC. 2. Pursuant to the preceding Section, the
value of one dollar of the United States In said
Confederate States notes is declared as follows,
namely:
l. During January and February, 1861, one
dollar of lawful money was equal to one dollar and
five cents of Confederate States notes.
2. During March, 1861, one dollar OF lawful
money was equal to one dollar and six cents OF
Confederate States notes.
3. During April, 1861 one dollar OF lawful mo-
pey was equal to one dollar and seven cents Of Con-
federate States notes
4. During May, 1861, one dollar oflawfu money
was equal to one dollar and eight cents Of Confede-
rate States notes.
5. During June, 1861, one dollar Of lawful mo-
ney was equal to one dollar and nine cents Of Con-
federate States notes.
6. During July and August, 1861, one dollar OF
lawful money was equal to one dollar and ten cents
of Confederate States notes.
!. During September, 1861, one dollar OF lawful
money was equal to one dollar and eleven cents oi
Confederate States notes.
8. On the lst day of October, 1861, one dollar
oflawful money was equal to one dollar and twelve
cents of Confederate States notes, and, from day
to day thereafter, regularly increased in value un
til the 3lst day of October, 1861, when one dollar
of lawful money was equal to one dollar and htteen
cents of Confederate States notes.
9. On the lst day of November, 1861, one DOL
lar of lawful money was equal to one dollar and
fifteen cents of Confederate States notes, and from
day to day thereafter, regularly increased in value
until the 3Oth of November 1861, when one dol:
Lar Of lawful money was equal to one dollar and
twenty cents of Confederate States notes.
10. On the lst day of December, 1861, one dol
lar of lawful money was equal to one dollar and
twenty cents Of Confederate States notes, and,
from day to day thereafter, regularly increased IN
value until the 18th day of December, 1861, when
one dollar of lawful money was equal to one dollar
and thirty cents of Confederate States notes, and
from day to day thereafter, regularly increased IL
value until the 3lst day Of December, 1861, wher
one dollar of lawful money was equal to one dollal
and twenty cents of Confederate States notes
II. On the lst day of January, 1862 one dollar
oflawfal money was equal to one dollar and twenty
cents of Confederate States notes. and from day te
day thereafter, regularly increased in value unit
the slst day Of January, 1862, when one dollar o.
lawful money was equal to one dollar and twenty
two cents of Confederate States notes.
l2. On the lst day of February, 1862, one dor
Lar of lawful money was equal to one dollar ano
twenty-five cents of Confederate States notes, ano
from day to day thereafter regularly increased IL
value until the 2Sth day of February, 1862, wher
one dollar of lawful money was equal to one dollar
and forty-eight cents of Confederate States notes
l3. On the lst day of March, 1862, one dollar
of lawful money was equal to one dollar and forty
eight cents of Confederate States notes, and from
day to day thereafter regularly increased in value
until the 3lst day of March, 1862, when one dol
Lar of lawful money was equal to one dollar ant
sevepty.three cents of Confederate States notes.
"a, On the lst day of April, 1862 one dollar o
lawful money was equal to one dollar and seventy
three cents of Confederate States notes. and, iron
day to day thereafter, regularly increased in value
until the 3oth day of April, 1862, when one dolla
oflawful money was equal to one dollar and e'gh