Confederate States of America Confederate Constitution overtly asked God's blessing ("... invoking the favor and guidance of Almighty God ..."). The Montgomery Convention to establish the Confederacy and its executive met on February 4, 1861. Each state as a sovereignty had one vote, with the same delegation size as it held in the U.S. Congress, and generally 41 to 50 members attended. Offices were "provisional", limited to a term not to exceed one year. One name was placed in nomination for president, one for vice president. Both were elected unanimously, 6–0. Jefferson Davis was elected provisional president. His U.S. Senate resignation speech greatly impressed
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