Confederate commissioner John Slidell and representatives of Emile Erlanger, head of France’s most influential bank, negotiate a loan to the Confederacy for $15 million to help finance the war.
Continuing as Mere Lookers-On
The leaders of Great Britain express new reluctance to recognize Confederate independence, and Emperor Napoleon III of France proposes foreign mediation between the two warring factions.
The Current is Against Us and Strong
Confederates try to curry favor with France, and Great Britain suffers a severe economic downturn due to the lack of southern cotton.
Keeping Quite Clear of the Conflict
The European powers entertain the possibility of recognizing Confederate independence, while France capitalizes on the war by invading Mexico.
The Confederacy Looks to France
September 5, 1863 – Confederate Lieutenant General Edmund Kirby Smith urged foreign envoy John Slidell to get France to intervene on the Confederacy’s behalf so