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No. When Braxton Bragg invaded it, he was able to set up a Confederate government, but it collapsed as soon as he retreated.
The federal government controlled the Confederate states during Reconstruction.
paper money
Value of a bale of cotton
The Confederate States of America existed from 1861 to 1865. Montgomery, Alabama served as the capital of the Confederate States of America from February 4 until May 29, 1861. Richmond, Virginia was chosen for the interim capital. Richmond was named the new permanent capital on May 30, 1861.