The Missouri in the Civil War Message Board

Re: Claiborne Fox Jackson Defense Bond

Darcy

From the 1883 "History of Greene County"

"MISSOURI SCRIP."

Upon the capture of Lexington Gov. Jackson and Gen. Price seized about $40,000 in gold belonging to the branch bank of the State at that place, but this and other "forced loans" were soon exhausted and the Neosho Legislature authorized the issue of ten millions of dollars of "defence bonds" in sums of not less than $1 or greater than $500, all bonds of $5 and upwards to bear interest at 10 per cent. This species of money, called "Missouri scrip," was the current coin of the realm during the occupancy of Greene county by the army of Gen. Price. It was engraved and printed in New Orleans, by A. Malus, and the most of it was printed on the back of old uncut blank bills of Exchange and other imitations of bank note paper. The engraving was on wood, and both the engraving and printing were of inferior quality. Each "bond" or bill was signed by either Wm. Shields, Thos. H. Murray, or Henry W. Lyday, the commissioners appointed to issue the bonds.

From the government in exile records:

"Friday, November 1, 1861, the senate spent the day considering the financial arrangements to support the war effort. The following day, approval was given to the issuance of state bonds.

Monday, November 4th, a bill was introduced in the House to elect representatives to the Congress of the Confederate States of America along with a bill providing for the organization, support and government of the military forces of the State of Missouri. A great deal of business in the nature of military appointments and organization was voted on.

Tuesday, November 5th, the senate again dealt with military organization and defense bonds. One item attracts attention:

"The board of commissioners, authorized by law to issue defense bonds, are hereby authorized to allow to the owner, or if he be dead, to his representatives, of any horse lost in battle in the service of the State by any incident thereof, the value of such horse, and shall pay such value in defense bonds."

It would appear that Jackson did not sign any scrip bringing into question the authenticity of the bond you hold though he specifically asked for the authority to do so in his address to the legislature in exile in Cassville in Nov 1861. Instead it appears that only the Bond Commisoners were authorized to sign per the Nov 5th action of the legislature. However Scrip was often counterfeited during the period so all may not be lost. I think it safe to say at least some of the bonds were issued, and it is worthwhile to try to preserve the article you have. Of course the other tack is was this an actual autograph of Jackson obtained on the bill for souvenir purposes at the time of the war? Certainly celebrities today sign all sorts of things and that was true in 1861/62 as well.

John R

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