Major Highlights for the Week
Wednesday, Feb. 25, 1863
The U.S. Congress completed passage of the Conscription Act. President Abraham Lincoln signed an act setting up a national banking system and national currency, plus a Currency Bureau of the Treasury was established with the position of Comptroller of the Currency.
The U.S.S. Vanderbilt seized the British merchantman vessel Peterhoff as a blockade-runner. The capture was ordered by Acting Rear Admiral Charles Wilkes, who ordered the boarding of a British vessel during the Trent Affair previously. The Peterhoff was bound for Matamoros, Mexico, and the British claimed that the United States had no authority to stop trade with Mexico, despite some of the goods finding their way into the Confederacy.
Thursday, Feb. 26, 1863
The Cherokee Indian National Council repealed its ordinance of secession, abolished slavery, and vigorously proclaimed its support for the Union.
Near Woodburn, Tenn., Confederate guerrillas halted, captured, and burned a Federal freight train with merchandise, government stores and 240 mules.