Speculation during the Civil War – Encyclopedia Virginia
Richmond Examiner, “is the most mortifying feature of the war.” The editor of the Lynchburg Virginian charged that prosperous farmers “were grinding the faces of the poor, and destroying the cause of their country.” A former army officer observed the speculation and fortunes that were being made in tobacco and wrote, “Lynchburg has gone mad—running stark mad—men, women & children— … all tobacco—tobacco—from morning till night from night till morning.” Public meetings in Amherst, Buckingham, and Nelson counties denounced speculation and urged that the state legislature...