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
Confederate States of America The Confederate government initially wanted to finance its war mostly through tariffs on imports, export taxes, and voluntary donations of gold. After the spontaneous imposition of an embargo on cotton sales to Europe in 1861, these sources of revenue dried up and the Confederacy increasingly turned to issuing debt and printing money to pay for war expenses. The Confederate States politicians were worried about angering the general population with hard taxes. A tax increase might disillusion many Southerners, so the Confederacy resorted to printing more money. As a result, inflation increased and remained a problem for the southern states throughout