CONFEDERATE BONDS AND NOTES ARE DEEMED WORTHLESS IN 1864
North Carolina purchasing agent's letter, 4pp. oblong 4to., written by Frederick[?] L. Roberts, Murfreesboro, N.C., Nov. 14, 1864 to Dr. Robert H. Winboine, Chowan County, N.C. In part: “…I succeeded in purchasing the articles desired. On account of the low water in the Cape Fear River I was unable to express it to Weldon, but got a friend to send it by wagon to Raleigh…transportation is difficult…I could gain no information about salt as I did not go to Wilmington…I also enclose…my commission from Chowan Co; which…you may see the governor's endorsement…the N. C. treasury notes passed only as Confederate. The treasurer is now issuing so much that all in on @ par. All the money except the N.C. Bank money was at par-that being on @ non specie paying bank (Bank of Roxbury) sold for $4. The 2 one hundred dollar bonds I could not sell for more than $50 dollars each, consequently I brought them back…the counterfeit $20 would not go off…the factories request me to say to you & through you to the citizens of Chowan County that they don't want money, but that if you would send them lard or bacon for what you wish…you can have a good trade as you wish…[faded, the fa]ll of Plymouth…is a severe blow to our section of the state…" Some water stains affecting the text else very good.