President of the Confederate States of America States Senate; and to remove such representatives and officers. He could fill vacancies during a recess of the Senate, but he could not reappoint, during a recess, persons previously rejected by it. He was to supply Congress with information, recommend legislation, receive ambassadors and other public ministers, see that the federal laws were faithfully executed, and commission all officers of the military and naval forces of the Confederate States. On February 9, 1861, the provisional congress at Montgomery unanimously elected Jefferson Davis president and Alexander H. Stephens vice president. Stephens, who was a delegate to Congress from Georgia, was inaugurated
Economy of the Confederate States of America Economy of the Confederate States of America The Confederate States of America had an agrarian-based economy that relied heavily on slave-worked plantations for the production of cotton for export to Europe and the northern US states. If ranked as an independent nation, it would have been the fourth richest country of the world in 1860. When the Union blockaded its ports in summer 1861, exports of cotton fell 95 percent and the South had to restructure itself to emphasize food and munitions production. After losing control of its main rivers and ports, it had to depend on a weak railroad