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 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