S8: Treasure Hunt: Confederate Gold
In eighteen sixty five confederate President Jefferson Davis fled with hundreds of thousands of dollars worth of gold what happened next has been debated by historians and treasure hunters over the last one hundred and fifty years. If you enjoy this episode and WanNa Hear More. Tales of history's most mystifying. Disappearances subscribe to gone in addition to new episodes of gone every other Monday. You'll get a special mini episode on off Monday's but only on spotify until then enjoy this episode on the missing confederate gold in April of sixty five the civil war head all but ended confederate. General Robert E Lee was preparing to formally surrender the bulk of the confederate army to Ulysses S Grant Union forces were advancing into the southern states reclaiming the failed nation for the United States of America confederate president. Jefferson Davis received word that a union battalion was on route to capture the confederate capital city of Richmond. Virginia as the city burned Davis fled with the members of his cabinet. The group took with them. A massive cache of gold reportedly all that was left of the confederate treasury. The treasurer is likely valued at millions of dollars in today's currency though the exact value has been debated by historians. But what is known? Is this when Davis and the rest of his cabinet were captured in. May of eighteen. Sixty five the treasure that they had on them was seized and sent north. It never reached its destination. There are numerous rumors as to where all that treasure ended up over. The past one hundred fifty years treasure hunters and historians have looked all over the United States for the missing gold and yet after all this time the confederate gold has eluded all efforts to find it. It's a true American treasure hunt. Hi I'm molly and I'm Richard. Welcome to gone on the podcast network. Every other Monday we examined mysterious disappearances and the theories they spawned from the Amber Room to Michael Rockefeller Picasso paintings to the trust can language the roanoke colony to the lost Russian. Cosmonauts if it's gone we're looking for it at par cast. We're grateful for you our listeners. You allow us to do what we love. Let us know how doing reach out on facebook and Instagram. At podcast and twitter at podcast network. And if you enjoy today's episode the best way to help us is to leave a five star review. Wherever you're listening. It really does help us. We also now have merch head to cast dot com slash merch. For more information you can find previous episodes as well as podcasts. Other podcasts on your favorite podcast directory in this episode. We're looking into the confederate gold that reportedly vanished in eighteen sixty five as the remnants of the confederate government tried to avoid capture. This treasure is commonly referred to as confederate gold however this treasurer was more of a myriad of precious metals in addition to gold. The cash also included Mexican silver dollars and valuable jewelry however for consistency sake will refer to the treasure as the confederate gold for the duration of this episode treasure has become a recurring plot device in adventure novels and films. The Myth of this confederate gold has long overshadowed the real historical story in this episode. We're going to examine the historical events that led Jefferson Davis to flee Richmond with the treasurer on that fateful night in eighteen sixty five then will examine the most likely theories as to where the treasurer ended up as is the case with most missing treasure. There are dozens of reported locations where the gold is suspected to have been hidden for this episode. We're looking at the possibilities. That are most supported by historical facts. The first theory is that the bulk of the treasure was stolen by outlaws most likely deserters from the confederate army who buried the gold somewhere in the southern United States. The second theory is that the gold was actually stolen by union troops who were tasked with transporting it back to Washington D. C. Instead the soldiers smuggled the gold north all the way to Lake Michigan where it sunk and still remains to this day. Our third theory is that there is no hidden treasure. The legend grew out of rumors and hearsay surrounding the end of the confederacy. And that story has persisted to this day. Thanks to conspiracy theories and sensationalism given the hindsight of history. It can be easy to forget. How complicated the civil war actually was. It's not a stretch to say that the confederate states of America were doomed from the start. It's probably a good thing that seceding from the United States to form a separate nation is hard to do. Even after the southern states seceded the remaining United States where a military and economic force to be reckoned with there were a number of issues that led to the civil war including economics states rights against the Federal Government and the enmity between the northern and southern states. Just to name a few but the single main causes of the war was slavery there were only thirty three ratified states in eighteen sixty as the United States spread across the Western frontier the US Congress ran into a problem. Abolition Ism the Movement to abolish slavery had been present in America. Since the country was founded in seventeen seventy six for the entirety of the country's history. The southern states had effectively banded together in Congress to vote down any movement to end slavery on a national level but the southern leaders couldn't stop individual states from ending slavery within their own borders every new state that entered the union. Got To choose whether it would be a free state or a slave state by the eighteen. Forty s there was a chance. That the anti-slavery congressman might outnumber the pro slavery ones. If that happened the south might not have been able to stop national abolition of slavery. The South responded by forcing protection measures including legislation which stated that for every Free State admitted to the Union AH CORRESPONDING SLAVE. State must also be admitted so that the balance was maintained but by eighteen sixty compromise between the two sides seemed like an impossible dream with the eighteen sixty election. It was becoming painfully clear that the issue of slavery was not going to go away peacefully. Although Abraham Lincoln did not seek to abolish slavery in the south as part of his political platform he did want to restrict it spread to states and the southern leadership made it clear that they would vote to secede if Lincoln was elected. The question of secession was complicated at face value. A single state breaking free of the United States was illegal and unconstitutional however considering that the original thirteen colonies broke free from Britain to rebel against an oppressive regime. The southern states felt that they were just honoring history. Lincoln was elected and the southern states led by south. Carolina voted to secede beginning in December of eighteen sixty by March of eighteen sixty one South Carolina Mississippi Florida Georgia Louisiana Texas and Alabama officially formed the confederate states of America. The war officially began with the battle of Fort Sumter on April twelfth. Eighteen sixty one. The first of many vital tasks for the new nation was to establish leadership shortly after the formation of the confederacy former Mississippi. Senator Jefferson Davis was elected as the country's first president he would also be the nation's only President Davis was a popular choice in eighteen. Sixty one because of this pro slavery politics and his stance on states rights however his appointment would ultimately do more harm than good his blunders particularly in the matters of military and economic decisions would contribute to the confederacies downfall. That isn't to say that. The rogue nations quick demise was entirely Davis's fault. The reality is that there no realistic chance. The confederacy would win. The war in a head-on military battle war is expensive and complicated. Especially when you're also trying to establish a new country. The confederacy simply lacked the necessary manpower leadership and Finances to combat the more organized union forces before the confederacy was even one year. Old Davis was forced to declare martial law and enforce a draft of all able bodied men to fight in the war though the confederacy boasted. Some of the more accomplished military officers in the United States at the time it was lacking for infantrymen the confederate government was no more organized given that the rogue nation was formed in large part because state leaders didn't want to submit to a federal government. Davis had trouble commanding his own cabinet. This is significant mostly because it meant that the confederacy never got its finances into decent shape. Previously the southern states had largely relied on farming and the production of raw resources like cotton as a benchmark of their economy. These resources had to be sent north where the factories were in order to be turned into useful materials. Since the south was now at war with the north they no longer had access to the industrial facilities that were required to produce weapons and war supplies from the outset. The confederacy was outgunned. Additionally they had few options for trading most nations didn't recognize the legitimacy of the confederacy and thus the newly established confederate currency was useless. Almost everywhere as such. The confederacy did everything. It could to consolidate more universal currency such as gold and silver in the later years of the war. The confederate government even confiscated jewelry and other valuables in order to combat. It's growing financial crisis. This was all held in the confederate capital city of Richmond. Virginia all of these efforts to bolster the confederate states of America were futile as we said. The southern states had little chance against the more organized well supplied union army. This is where the confederacy was in eighteen. Sixty five outmanned poorly supplied and in possession of a rapidly dwindling supply of money as union forces scored victory after victory. Jefferson Davis WAS ATTENDING CHURCH ON APRIL. Second eighteen sixty five when he received word from General Robert E Lee. The message was simple. Richmond must be evacuated in the confederate government must flee if the nation was to survive the night. Davis ordered confederate troops to set Richmond. Ablaze said that the Advancing Union army would not be able to make use of any supplies. They found within the city then. He ordered the full contents of the treasury loaded onto train cars in preparation for departure. We should state here. That the exact amount and value of this treasure has long been disputed. Impossible to confirm since the treasure has yet to be found but the general account states that the bulk of the treasure consisted of gold silver and bullion valued at around five hundred thousand dollars. Additionally there were millions of dollars in confederate currency. Though as we've said it was generally useless. Finally the troops loaded up the seized assets from a number of Richmond's private banks which added another four hundred and fifty thousand dollars value. The treasure was split up a number of times during the journey and we can't account for every individual crater barrel that might have been misplaced by confederate soldiers. But we can track the journey of the bulk of the goal to appoint Jefferson's initial plan had been to flee south and use the funds from the treasurer to establish a new base to continue the war effort however the plan quickly unravelled. The convoy reached the end of the train. Line in Danville Virginia. The party was forced to carry what they could on horseback before. The treasure had been consolidated to a single train car but now it was being spread out among the numerous men horses and mules. Additionally the soldiers with Jefferson were growing restless. They hadn't been paid and as a union. Victory seemed more and more inevitable. They started to grumble about whether what they were doing was really worth it. The confederate leaders were forced to use part of the treasure to pay for their own military detail. Jefferson eventually split the treasure up the money. Taken from the Richmond banks was placed in a vault in the city. The rest of the Treasury money was assigned to confederate secretary of war John Breckenridge most of the confederate cabinet was captured in the city of Washington. Georgia in May of eighteen sixty five Davis was captured just days later. Union soldiers recovered the Richmond Bank money but the rest of the treasurer was missing. There are two main reasons that it's so difficult to track what happened to all of this treasure. The first is that the treasure was large but easily split up into small containers. The treasure dwindled and fractured moves south. And thus it became harder and harder to track where every single cent ended up the second more concrete. Reason is that there's not a lot of hard documentation from this particular period in early May of eighteen sixty five. The confederate cabinet burned most of their government documents which included treasury slips. The goal in doing this was to prevent union troops from finding out about the treasure. The Jefferson Davis had sent away. Unfortunately it also makes it hard for modern historians to find out what really happened to the mounds of gold. That for all we know could still be out there somewhere waiting to be discovered. We'll dive into the main theories as to what happened to the confederate gold. Right after this now back to the story in eighteen sixty five a large sum of gold and precious. Metals was sent south from Richmond Virginia in an effort to preserve the confederate states of America when the caravan was captured along with most of the confederate cabinet. A large chunk of the gold was missing. One thing to note about our first. Two theories is that they're not mutually exclusive. Since we know the treasure was likely split up among various parties. It's possible that what remains of the gold is in separate locations across the United States. Recall that the treasure which set out from Richmond Virginia was made of two distinct sums the approximately five hundred thousand dollars of gold silver and jewelry and an additional four hundred and fifty thousand dollars in gold and silver coins seized from the private banks of Richmond. This may surprise you when most people discuss confederate gold. They're actually referring to the money from the Richmond banks. We'll discuss the fate of the actual confederate treasure soon. But our first theory contends that a large sum of the treasure was buried somewhere in Georgia by robbers who stole the gold from the Union Forces. That were returning north. Here's what we do now. As far as our first theory is concerned on May Fourth Eighteen Sixty Five Jefferson Davis signed the order that officially dissolved the confederate states of America. The next day union troops captured the city and the gold and silver from the Richmond. Banks are there was some debate among the union leaders as to what to do with the four hundred fifty thousand taken from the Richmond Banks. The owners of the banks had been complicit with the confederacy after all ultimately the decision was made that the money should be returned on. May Twenty four th eighteen sixty five a small contingent of union soldiers guiding five wagons loaded with bank assets departed Georgia for Richmond. If you've ever seen a western movie you can guess what happened next. The Caravan was hit in the middle of the night. Eight by a gang of robbers more likely than not had been informed of the treasure. The thieves made off with everything they could carry over two hundred ninety thousand dollars worth of treasure in all the remaining funds did make it to Richmond but the now ex confederate leaders there were in about to let some deserters make off like bandits. The money from the Richmond banks would prove useful to the southern reconstruction so General Edward Alexander put together a posse and went after the thieves when all was said and done. Dozens of men were dead and Alexander's outfit had recovered about one hundred and ten thousand dollars leaving one hundred eighty thousands still unaccounted for that money. Which would amount to over three million dollars today has never been found? American forces made efforts during the reconstruction to recover the stolen funds. But nothing ever came of them. What's most likely is that? The thieves spent the remainder of the stolen gold in such a way. That didn't draw attention. The southern United States was in bad shape following the civil war so it's entirely plausible. That the men just kept their heads down and spend a little bit at a time until the loot was all gone however cultural interests into gold has led to additional theories that while not exactly likely due. Warrants examination is the best example of this is the nineteen seventy five book. Snow White Sands by Martha Meisel Puckett. The book is a history of Georgia through the civil war and one of its most notable chapters concerns the missing confederate Gold Puckett points to the case of Sylvester Mumford. A wealthy Georgia merchant who allegedly was present at Jefferson Davis final cabinet meeting Mumford. A die hard confederate loyalist had been part of the plan to rob the Union Caravan and retake the Richmond Bank funds after recovering. The money Mumford. Put it to work. Georgia was a farming state and much of its fertile farmland had been destroyed by union forces during the war. Mumford use the stolen treasure to order vast amounts of corn seed from South America in order to help restart Georgia's farming economy when Mumford died. His daughter used her large inheritance to open an orphanage and provide scholarships for children in need much of the evidence of Mumford involvement in the story. Is that by all accounts. His own plantations had been destroyed during the war and few historians can account for his maintained wealth during and after the conflict. That said. There's not much here in terms of hard proof. Besides the notable coincidence Mumford could be the embodiment of the theory but the goal simply never left Georgia. And that's entirely possible. But according to our second theory the gold did make it out of the south to the northernmost reaches of the United States. Our second theory concerns. What is likely the most popular belief regarding the missing confederate gold? It states that a big part of the treasure was smuggled to Michigan. While crossing Lake Michigan into Canada a boxcar containing the treasure was dropped. Overboard and the gold is still at the bottom of the lake. The legend of the missing confederate gold has seen a resurgence of public interest. In recent years this is largely due to a documentary series that aired on the history channel in early two thousand eighteen it was titled. The curse of the civil war gold and it follows Mardi Laguna and his team search for confederate gold at the bottom of Lake Michigan. So how on Earth could confederate gold. Make It from Georgia to Michigan without anyone. Knowing about it we call that union troops were tasked with transporting the Richmond Bank funds. Back North to Richmond. According to this story there was more than one northern outfit tasked with transporting the captured money the documentary series states that this gold was taken from Jefferson when he was captured on May tenth eighteen. Sixty five as we've said it's hard to keep track of the differing amounts of money that the confederacy made off with while we have a general guess as to how much money made up the initial amount of treasure. It's entirely possible that the numbers were fabricated in order to hide some of the treasure or saying that in any theory it's nearly impossible to state. How much treasure there actually was or where it came from but this particular theory maintains that a group of union soldiers all from Michigan found a cache of confederate gold among Jefferson Davis's personal effects and conspired to smuggle north to keep for themselves. The men were attempting to move the gold. In a boxcar across Lake Michigan to smuggle into Canada. The weather was bad. The crew were forced to dump the boxcar overboard in order to save the ship from sinking. That treasure has remained at the bottom of Lake Michigan. Ever since a number of recent find seemed to help corroborate this story. The first confirmation is a deathbed confession made to the grandfather of one. Kevin Dykstra a treasure hunter featured in the history channel. Docu series the confession came from George Alexander. Abbott a housekeeper. Who In one thousand nine hundred twenty? One admitted to being one of the Union soldiers who stole the gold and smuggled it to Michigan. He stated that the gold was lost Lake Michigan. And it still there. The words of one man almost a hundred years ago might not seem like much to go on but as the story was passed down it started to generate interest in Lake Michigan as a potential site missing treasurer ultimately the documentary series doesn't end with the discovery of the long lost gold. If the Treasury really is down there it makes for a fantastic story. But there's a few notable discrepancies in this theory. The curse of the civil war gold claims that the treasure hidden at the bottom of Lake Michigan was approximately two million in gold. Bullion or bars. This would make the Lake Michigan treasure by far the largest amount of gold to be associated with the confederate treasure. That left Richmond the counts. We've read put the confederate gold at around five hundred thousand dollars plus the additional four hundred and fifty thousand in Richmond Bank funds. So for this theory to be true it would mean that the single amount stolen by the Michigan Union troops was worth double that of the entire rest of the total treasure. This account is further contradicted by numerous sources. St Jefferson Davis took only thirty five thousand dollars worth of gold for himself when he fled Georgia. Still Jefferson Davis was not a good person. It's certainly possible. He withheld a huge sum of treasure for himself before he abandoned his cabinet and his army to save his own life. As we've said there are enough discrepancies in this story to make any claim as to the real value of treasure dubious at best given that. There's not much else in terms of proof that the gold ever made it to Michigan. We have to say this theory warrants a little more skepticism. Still if we've learned anything from our look into the subject. It's that the treasure could be almost anywhere. But what if it's nowhere as in? What if the legend of this confederate gold has only grown so large? Because it's covering up the truth. The treasure was lost long ago. Coming up we'll cover that very idea in our next theory now. Back to the story in eighteen sixty five. A cache of confederate treasure was lost amidst the chaos at the end of the civil war. The location of the treasure has been theorized to be everywhere from buried in Georgia. To the bottom of lake. Michigan stories of missing treasure tend to stick with us. Because there's always a chance someone could still find it if it still exists. Our third and most anticlimactic theory is that there is no treasure what remained of the confederate. Treasury was quickly spent away in the weeks and months following the war and only legends and fictionalized accounts have kept the myth of the confederate gold alive for this long. The challenge of locating the treasure has always been wrapped up in the value of the treasure. That was taken from Richmond in eighteen. Sixty five the most thorough sources put the number at around five hundred thousand in gold and precious metals. Though there long has been speculation that the real value of the treasure was much higher. The union government actually helped perpetuate this rumor northern leaders likely hadn't realized how dire the financial situation of the confederacy was in eighteen. Sixty five as union forces began capturing more and more confederate strongholds. The Union leadership started to put the word out about the missing funds from the confederate treasury. The Union soldiers were not finding much gold when they captured fortresses and they didn't believe that was all there was. It seemed to them that the confederacy was hiding large sums of money. The real value of the confederate Treasury was likely on the smaller side. For All the reasons we've mentioned the confederacy had been hemorrhaging money in its efforts to raise an army strong enough to fight off the north if we accept that the confederate leadership really was only carrying five hundred thousand and personal assets when they fled. Richmond in April of eighteen. Sixty five it actually becomes a little simpler to figure out what happened right from the start. There's a recorded loss. We know that Jefferson Davis fled with his party and the treasurer on April second eighteen sixty five however on April sixth. A man named Walter. Phil made a tally of the treasure and came up nearly two hundred thousand dollars short. The reason for the discrepancy was due to fifty barrels of Mexican silver coins. Valued at four thousand dollars apiece. These barrels seemed to have vanished at some point between April. Second when the Treasury left Richmond and the April sixth tally. It's unknown why the barrels were separated from the rest of the treasure and speculation exists to this day that the silver is buried. Somewhere in Danville. Virginia where Phil Brooke made the tally. It's also possible that the silver was tallied in Richmond but never made it onto the initial train out of town. Historians generally agree that the silver was intended to pay the soldiers in general. Lee's army which at that time had been set to catch up with Davis and the rest of the confederate leaders. It could have been left behind in Danville for Lee to recover on his march. If so the silver would have likely been confiscated by union troops so already. The value of the confederate treasure is down from five hundred thousand to just over three hundred thousand in four days as the fall of the confederacy became more and more evident soldiers in the confederate army. Were left wondering what they were still fighting for to that end. It was vital that the confederate leadership keep their men paid to avoid mutiny on April. Seventh as the convoy passed through carrier. Mina there's a record of thirty nine thousand dollar payment to one General Johnson and his men. This battalion had not surrendered and would likely be needed to blockade any union forces pursuing Davis. It was not money. Well spent Johnson and his men surrendered just over two weeks later so now of that original some five hundred thousand Davis had less than three hundred thousand and we've only covered the major deductions the treasury. Money would have been called upon to pay for food and transportation for the entire group as it continued. Its journey south. It took nearly a month for the party to reach its destination Washington Georgia. They're the confederate leadership was faced with the growing problem of troop dissatisfaction. The men had been marching for weeks and too many of them. The writing was on the wall they knew would not be paid. If the remainder of the treasury money was captured by Union forces. John Breckenridge. The confederate secretary of war had no choice but to pay each of the men. Twenty six dollars for a total cost of over one hundred thousand dollars when Jefferson Davis fled. Washington he was reportedly given thirty five thousand in gold to both support himself. And if the chance came oversee a resurgent confederacy. By this point the confederacy had been dissolved and it was left to the cabinet to disperse the remainder of the treasure. After payments to some of the cabinet members and additional expenses the confederate treasure would have amounted to less than one hundred thousand dollars the rate at which the confederate treasury dwindled after. Jefferson Davis fled. Richmond is concerning and certainly raises. The possibility that the rest of the money was spent as well. The final piece of the story that confirms this particular Theory Concerns One. James a simple. According to one account Captain McKay Asia Clark was the last man to be made responsible for the confederate treasury before it was captured by the Union. Army IT WAS. Clark who oversaw the dispersal of what remained of the treasure when all the expenses were paid. Clark was left with a surplus of eighty six thousand dollars. He presented this to navy. Lieutenant James Simple Clark ordered simple to hide the money and smuggle at South to Savannah from their Clark had made arrangements for the goal to be shipped to England where it would be deposited in a bank account await the day that the confederacy would rise again. Simple was partnered with another officer. Edward Ball the two men didn't even make it halfway to Savannah in the city of Augusta. Just fifty miles from where they set off simple and tidball met up with another man William Howell. We don't know why but it was here. That simple chose to abandon the mission. Perhaps by then it was so clear that the confederacy had been defeated and would never is again. That simple and tidball didn't see the point in sending some perfectly useful gold off to rot in some English bank for Eternity tidball and how both used their cuts to start new lives for themselves and live out their days in comfort but samples actions warrant further investigation simple laid low for the next few months. He was definitely wanted by union authorities. Who By then knew he had made off with some of the treasury money. Additionally it was likely he was also being hunted by ex confederate bounty hunters after Clark learned that the money had never made it to England when simple showed up back on the radar in eighteen sixty six he had hatched a plan to potentially save the South simple aim to use his gold to push the United States into a war with Britain. He figured that the North would need the help of the southern states. In the event of such a war and thus the northern forces would be forced to concede some of the harsher conditions of reconstruction semple became involved with the Phoenicians a precursor to the Irish Republican Army. The Phoenicians aim to push the British out of Ireland and had set a basis in the United States where they could plan without fear of being captured. Simple knew that the British government was not happy that the American government was doing little to stop the Phoenix from scheming against them. The fact that the US had just concluded a civil war and was currently in the slow painful process of rebuilding itself as a nation. Didn't really register with the British simples. Plan was to use his gold to fund. The fenian movement's raising awareness across America and gaining followers if he could get enough Americans to support Irish liberation then perhaps eventually Britain would declare war on America. Then his master plan would go into effect. This plan didn't work. What a shock. Simple gave up on the FENIAN PLOT. After he had invested. Most of his gold he died in eighteen. Eighty three with little to his name. The simple story seems to confirm what became of the last of the confederate treasurer. Well as we stated. It's certainly possible that there was more treasure that left Richmond and that additional treasure did make its way to Michigan or Georgia or wherever it really seems most likely that the majority of the confederate Treasury was spent on efforts to keep the confederacy itself alive while we still can account for the one hundred eighty thousand dollars worth of Richmond Bank money stolen from union troops. It seems just as likely that the gold was quietly spent until there was nothing left. The final question then is that given all we know about what really became of the confederate treasure. Why is there still so much speculation that it's still out there? The obvious answer is the missing one hundred eighty thousand dollars that was stolen by robbers and never recovered. Furthermore there was so much gold being moved around in this time that it has always been impossible to state how much there was. Meaning no matter. How much is accounted for? There can always be more. The potential existence of the treasure carries with it a cultural importance. It's not controversial to state that many who lived in the southern United States following the civil war considered themselves to be a part of the confederate states of America even after the confederate states were retaken by the Union. The legend of the treasure shows cultural longing. A fantasy of some lost amount of gold. That might've been used to give rise to a new confederacy. Even as the civil war became a memory. The legend of the treasure persisted. This was enhanced by the Gold's prevalence in popular culture. It is appeared in comic books. Western films including the good the bad and the ugly and the Clive cussler novel Sahara which was adapted into a film of the same name. Why such a cultural obsession? Perhaps it has something to do with the promise of sudden riches. The reality of treasure hunting is that you rarely get to keep all of what you find. Most nations including the United States have laws governing. What can and can't be kept by the finder even if you do find treasure. The country of origin for that treasure can claim part or most of it as historical property but confederate. Treasure is different. There is no confederate government in existence. And thus there is no one to lay claim to any confederate gold. That might be found. It makes sense and the sheer number of questions about the treasures. Whereabouts ensure that people will still continue to search for it for some time however we believe that the third theory is the most valid the confederate. Treasury was already paltry when Jefferson Davis fled. Richmond it seems most likely that he spent what he needed to. Just keep the confederate government alive. And what was left was squandered by James Simple. It's not the most exciting conclusion but then again it's better than scouring the bottom of a leg for treasure that simply isn't there. Thanks again for tuning into gone. We'll be back in two weeks with another episode. You can find more episodes of gone as well as all of parkhouse other podcasts on Apple podcasts spotify stitcher. Google play or your favorite podcast directory. Several of you have asked to help us if you enjoy the show. The best way to help us is to leave a five star review and don't forget to follow us on facebook and instagram. At podcast and twitter at podcast network will see you. Next time gone was created by Max Cutler is a production of cutler media and is part of the podcast network it is produced by Maxon Ron Cutler sound design by Paul Liebskind with production assistance by Ron Shapiro. Paul Molitor Maggie Admire and Carly Madden Gone is written by Colin McLaughlin and Stars Molly Brandenburg and Richard Rosner.