Vice President of the Confederate States of America peace conference. Vice President of the Confederate States of America The Vice President of the Confederate States of America was the office held by Alexander H. Stephens of Georgia, who served under President Jefferson Davis of Mississippi from February 18, 1861, until the dissolution of the Confederacy on May 5, 1865. Having first been elected by the Provisional Confederate States Congress, both were considered provisional office-holders until they won the presidential election of November 6, 1861 without opposition and inaugurated on February 22, 1862. According to the Confederate States Constitution, the Vice President's office was almost entirely identical to that
Economy of the Confederate States of America issuing a million dollars in notes in February 1861, and added to this amount during each subsequent session of the legislature. The other states followed suit. Cities also sought to replenish their treasuries in the same way. Corporations and other business concerns tried to meet the rising tide of prices with the issue of their individual promissory notes intended to circulate from hand to hand. As a result of this redundancy of the currency, its value collapsed. Gold was quoted at a premium in Confederate notes in April 1861. By the end of that year, a paper dollar was quoted