NC 25¢ Note
Ceres at left; Printed date "Sept. 1st, 1862."
Portrayed on this North Carolina note is another Roman goddess, Ceres, who
symbolizes agriculture. Unfortunately for the South, the regional
economy's near total reliance on agriculture made Confederate independence
improbable from the war's outset. Lacking the factories, transportation
networks, and the financial institutions established in the North's more
diversified economy, the South was unable to meet its industrial needs as
the war continued to grind on for years.