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With offices in Cincinnati, Cleveland and Denver, Cowan’s holds over 40 auctions each year, with annual sales exceeding $16M. We reach buyers around the globe, and take pride in our reputation for integrity, customer service and great results. A full-service house, Cowan’s Auctions specializes in Am...Read more
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Oct 31, 2018
Reynolds, G.N., Jr. Charleston-based businessman and Major in the Provisional Confederate Artillery. ALS, 4pp, 7.75 x 9.75 in., Charleston, SC. March 4, 1861. Addressed to William Porcher Miles on rare " Republic of South Carolina " stationery. Pictured in the March/April 1987 copy of the Confederate Philatelist.
Reynolds writes to Miles, an ardent states' rights advocate, secessionist, and designer of the first Confederate flag, regarding tariffs. He opens by stating, " I was much gratified at seeing. . . that the delegates from the State were battling in the Southern Congress for a low Tariff. I am not most fully convinced of the necessity of a low tariff. The operations of the Customs here must convince all of the importance of duties, however small." By compelling the Merchant of the Interior to " enter at the Custom House ," Reynolds believes he will be more inclined to purchase in the South and create more direct trade with Europe, eliminating reliance on New York: " chang[ing] the channel of imports by direct trade,. . . we will soon achieve mercantile independence and close forever commercial intercourse with our enemies."
He presents the Colt firearm as an example of the " perfect piracy " committed against the southern economy: " It is well known that the celebrated Colt firearm was the invention of an obscure N. Carolinian; but being poor, proceeded on foot for Washington, and died on his way. Col. Colt obtained it, patented it, and like every speculating Yankee, soon made from it fame and fortune."
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