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The E-Sylum:  Volume 4, Number 14, April 1, 2001, Article 11

WEALTHIEST MAN IN THE SOUTH 

   In the category of "things found while looking for other things" 
   is this 1881 newspaper article about a hoarder of 
   Confederate currency.  The web site it came from isn't well 
   organized or maintained, so I've taken the liberty of copying 
   the text verbatim to preserve it in case the site goes away. 
   The address of the web page is: 
   http://www.oldekinstongazette.com/confedmn.htm 

            Bushels Of Confederate Money 
                      Kinston Journal 
                    December 1, 1881 

   A Griffin, Georgia correspondent of the Atlanta Constitution 
   writes as follows concerning Mr. J.W. Corbin, a citizen of 
   Griffin: 

   Some years ago he took a peculiar notion that Confederate 
   money and bonds would some day be worth something; so 
   he  went to work and bought them up in large quantities, 
   paying cash for a considerable amount and bartering meal 
   from his mill for the balance. He gave a bushel of meal for 
   a thousand dollars, and many a wagon load of that food has 
   been hauled away from his door. 

   Many people, of course, regarded the notion as rather cranky, 
   but to those Mr. Corbin have no heed, going right along and 
   buying every dollar he could take and scrape. There is really 
   no telling how much Confederate money he has. Those who 
   know, or seem to know, say he has between seven and eight 
   million, beside several hundred thousand dollars in bonds. 

   When asked at a bank how much his bonds were worth he 
   replied: "Well, I have $125,000 in one box, and that isn't all, 
   by a lot." 

   And so he has gone right on this way for years. He has had 
   letters from all over the country, and he has bought the stuff 
   right and left, from far and near. As already stated, no one 
   knows just how far exactly his freak has extended, and he 
   may have $50,000,000 for all I know. 

   Mr. Corbin is considerably stirred up by the recent demand 
   in London, and seems satisfied he is on the right track to an 
   immense fortune. He is not considered at all shaky in the upper 
   story by his friends, though they cannot, of course, understand 
   his strange fascination about Confederate money. He has 
   always been considered a solid citizen, and is in good 
   circumstances now, but will be the wealthiest man in the South, 
   if his dream is ever realized." 

  Wayne Homren, Editor

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