2014-10-30 / News

Dr. Mark Waters presents program to DAR on missing Confederate Gold


Speaker Dr. Mark Waters is welcomed to the DAR meeting by Cathy Armour, first vice-regent. Speaker Dr. Mark Waters is welcomed to the DAR meeting by Cathy Armour, first vice-regent. Dr. Mark Waters was guest speaker at the Kettle Creek Chapter NSDAR meeting Monday, October 20.

Dr. Waters spoke on “The Missing Confederate Gold: Raid at Chennault Georgia May 24, 1865” which was based on an incident that took place at the end of the War Between the States.

The infamous raid took place near Chennault in Northern Lincoln County on May 25, 1865. During the attack, approximately $250,000 ($5 million in today’s currency) in gold and silver coins, that had traveled with the Confederate Treasury to Washington, Georgia, was successfully stolen by local citizens and Southern soldiers returning home from the war.

The original amount in the trea- sury was $450,000, which belonged to six Richmond, Virginia, banks and was traveling under guard to Abbeville, South Carolina, for shipment back to Richmond by rail.

The party had stopped for the night near Chennault before crossing the Savannah River on a pontoon bridge, located close to what is now known as Hester’s Ferry. The coins, mostly gold, were stored in 40 wooden kegs sitting in five wagons, guarded by just two sergeants, two privates, and five teamsters.

The day after the attack, approximately $40,000 in coins was found littering the ground in the vicinity of the raid and on trails leading from the robbery site. Moreover, some $70,000 was recovered from local residents and robbers.

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