Confederate States of America Confederacy, immediately following Fort Sumter the Confederate Congress proclaimed that "war exists between the Confederate States and the Government of the United States, and the States and Territories thereof". A state of war was not to formally exist between the Confederacy and those states and territories in the United States allowing slavery, although Confederate Rangers were compensated for destruction they could effect there throughout the war. Concerning the international status and nationhood of the Confederate States of America, in 1869 the United States Supreme Court in ruled Texas' declaration of secession was legally null and void. Jefferson Davis, former President
Economy of the Confederate States of America total US exports by dollar value. Confederate leaders believed that this would give the new nation a firm financial basis. Cotton was the primary export, accounting for seventy-five percent of Southern trade in 1860. The Confederate States entered the war with the hope that its near monopoly of the world cotton trade would force the European importing countries, especially Great Britain and France, to intervene in the war on her behalf. In 1861, Southerners at the local level imposed an embargo on cotton shipments — it was not the government's policy. Millions of bales of cotton went unshipped, and by