Confederacy

(Newser) - Scientists had hoped that the watch belonging to the commander of the HL Hunley would give them some clues as to why the Confederate submarine sank in 1864. But they've been left only with more questions, AP reports. The watch stopped quickly rather than winding down—possibly because of an...

(Newser) - Studying sales of Confederacy bonds in Amsterdam during the US Civil War, two economists say they're able to judge how European traders saw the South's chances of victory, the Wall Street Journal reports. Investors pegged the rebels' odds at 42% early on, but their 1863 defeat at Gettysburg sank bond...