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Story December 17, 1881

Frostburg Mining Journal

Frostburg, Allegany County, Maryland

What is this article about?

Mr. J. W. Corbin of Griffin, Georgia, amassed millions in Confederate money and bonds years ago, trading meal from his mill and cash, convinced they would gain value. Recent London demand excites him about potential immense fortune, despite others viewing it as eccentric.

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OCR Quality

95% Excellent

Full Text

Bushels of Confederate Money.

A Griffin (Ga.) 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 gave no heed, going right along and buying every dollar he could rake 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 millions, 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.

What sub-type of article is it?

Curiosity Biography

What themes does it cover?

Fortune Reversal Triumph

What keywords are associated?

Confederate Money Bonds Collection Speculation Griffin Georgia J W Corbin Meal Barter

What entities or persons were involved?

Mr. J. W. Corbin

Where did it happen?

Griffin, Ga.

Story Details

Key Persons

Mr. J. W. Corbin

Location

Griffin, Ga.

Event Date

Some Years Ago

Story Details

Mr. Corbin collected large quantities of Confederate money and bonds by paying cash and trading meal, ignoring skeptics, amassing possibly millions, excited by recent London demand for potential wealth.

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