Memminger, Christopher Gustavus

Memminger, Christopher Gustavus (1803-1888), an American statesman, served as secretary of the treasury for the Confederacy from 1861 to 1864. He tried unsuccessfully to reduce the amount of Confederate currency. When the credit of the Confederate govenment collapsed, many southerners blamed him and he resigned. Memminger was born in Wurttemberg, Germany. He came to Charleston, South Carolina, as a child.