Ransom Bond
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Ransom Bond
A ransom bond was a legally binding document issued as a promise for future payment for the safety and the release of a captured marine vessel. It was particularly in use during the American Civil War when Confederate States Navy privateers would seize Union merchant vessels and hold them for ransom. Once the bond was posted, the captured commercial ship was generally released and allowed to return to its rightful owners. The U.S. had not signed the 1856 Declaration of Paris The Paris Declaration respecting Maritime Law of 16 April 1856 was an international multilateral treaty agreed to by the warring parties in the Crimean War gathered at the Congress at Paris after the peace treaty of Paris had been signed in Marc ..., which outlawed privateering. The Confederates commissioned privateers from many nations, and they preyed on commercial shipping lanes frequented by U.S. vessels. The Federal government finally offered to adopt the declaration's terms during the middle of the w ...
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American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis, ...
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Confederate States Navy
The Confederate States Navy (CSN) was the Navy, naval branch of the Confederate States Armed Forces, established by an act of the Confederate States Congress on February 21, 1861. It was responsible for Confederate naval operations during the American Civil War against the United States's Union Navy. The three major tasks of the Confederate States Navy during its existence were the protection of Confederate harbors and coastlines from outside invasion, making the war costly for the United States by attacking its merchant ships worldwide, and Blockade runners of the American Civil War, running the Union blockade, U.S. blockade by drawing off Union ships in pursuit of Confederate commerce raiders and warships. It was ineffective in these tasks, as the coastal blockade by the United States Navy reduced trade by the South to 5 percent of its pre-war levels. Additionally, the control of inland rivers and coastal navigation by the US Navy forced the south to overload its limited railroa ...
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Privateer
A privateer is a private person or ship that engages in maritime warfare under a commission of war. Since robbery under arms was a common aspect of seaborne trade, until the early 19th century all merchant ships carried arms. A sovereign or delegated authority issued commissions, also referred to as a letter of marque, during wartime. The commission empowered the holder to carry on all forms of hostility permissible at sea by the usages of war. This included attacking foreign vessels and taking them as prizes, and taking prize crews as prisoners for exchange. Captured ships were subject to condemnation and sale under prize law, with the proceeds divided by percentage between the privateer's sponsors, shipowners, captains and crew. A percentage share usually went to the issuer of the commission (i.e. the sovereign). Privateering allowed sovereigns to raise revenue for war by mobilizing privately owned armed ships and sailors to supplement state power. For participants, privateerin ...
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Union (American Civil War)
During the American Civil War, the Union, also known as the North, referred to the United States led by President Abraham Lincoln. It was opposed by the secessionist Confederate States of America (CSA), informally called "the Confederacy" or "the South". The Union is named after its declared goal of preserving the United States as a constitutional union. "Union" is used in the U.S. Constitution to refer to the founding formation of the people, and to the states in union. In the context of the Civil War, it has also often been used as a synonym for "the northern states loyal to the United States government;" in this meaning, the Union consisted of 20 free states and five border states. The Union Army was a new formation comprising mostly state units, together with units from the regular U.S. Army. The border states were essential as a supply base for the Union invasion of the Confederacy, and Lincoln realized he could not win the war without control of them, especially Maryla ...
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Declaration Of Paris
The Paris Declaration respecting Maritime Law of 16 April 1856 was an international multilateral treaty agreed to by the warring parties in the Crimean War gathered at the Congress at Paris after the peace treaty of Paris had been signed in March 1856. As an important juridical novelty in international law the treaty for the first time created the possibility for nations that were not involved in the establishment of the agreement and did not sign, to become a party by acceding the declaration afterwards. So did altogether 55 nations, which wouldn't otherwise haven't been possible in such a short period. A big step in the globalisation of international law. Primary goal of France and Great Britain was to abolish privateering, a part of naval warfare whereby a belligerent party gave formal permission to privately owned ships by letters of marque to seize enemy vessels. By disrupting commerce, privateers could be effective against enemies that depended on trade, and forced them to ...
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Confederate States Of America
The Confederate States of America (CSA), commonly referred to as the Confederate States or the Confederacy was an unrecognized breakaway republic in the Southern United States that existed from February 8, 1861, to May 9, 1865. The Confederacy comprised U.S. states that declared secession and warred against the United States during the American Civil War: South Carolina, Mississippi, Florida, Alabama, Georgia, Louisiana, Texas, Virginia, Arkansas, Tennessee, and North Carolina. Kentucky and Missouri also declared secession and had full representation in the Confederate Congress, though their territory was largely controlled by Union forces. The Confederacy was formed on February 8, 1861, by seven slave states: South Carolina, Mississippi, Florida, Alabama, Georgia, Louisiana, and Texas. All seven were in the Deep South region of the United States, whose economy was heavily dependent upon agriculture—particularly cotton—and a plantation system that relied upon enslaved A ...
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