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Mississippi had little specie during the Civil War primarily due to the economic devastation caused by the conflict, which disrupted trade and agricultural production. The state's reliance on cotton as a cash crop meant that when the war disrupted both domestic and international markets, it led to a scarcity of hard currency. Additionally, the Union blockade limited access to goods and currency, exacerbating the financial crisis. As a result, the economy struggled, and the circulation of specie diminished significantly.

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2mo ago

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