[linMcHlp]

The Alabama Claims, 1862–1872

The Alabama claims were a diplomatic dispute between the United States and Great Britain that arose out of the U.S. Civil War. The peaceful resolution of these claims seven years after the war ended set an important precedent for solving serious international disputes through arbitration, and laid the foundation for greatly improved relations between Britain and the United States.

[PGR88]

I think Freedom4US is referring to the Mississippi debt default, caused by the Panic of 1837

Mississippi Default of 1841

Here's a good summary of the Confederacy debt position during the Civil war

Confederate European Loans