President of the Confederate States of America of additional wagons, ambulances, and carriages, also carrying some Confederate archives papers and the C.S.A. Treasury banknotes and remnants of gold/silver bullion. The last official Cabinet meetings of the Presidential Cabinet of the Confederate States took place at Charlotte, on April 24, and 26, then later on May 4; when President Davis left Washington, Georgia, the party consisted only of his aides and Postmaster General Reagan. Elements of the United States Cavalry / Union Army captured Davis and his companions at an encampment near Irwinville, Georgia on May 10, 1865. Jefferson Davis was imprisoned at Fort Monroe, by the Hampton
Economy of the Confederate States of America Times to 1970" available on-line from the U.S. Census Bureau. 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