Replies

To: quadrant

Prior to the Civil War there were few "southern debts".

Planter debt to northern bankers and factors was @ $200,000,000 in 1860. This is @ 4 times the federal budget for that year.

Walt

1,172 posted on 07/02/2003 1:41:26 PM PDT by WhiskeyPapa (Virtue is the uncontested prize.)

To: WhiskeyPapa

After the war, those northern banker and factors collected every cent -- with interest -- of that $200 million which the rebels had tried to steal.

1,174 posted on 07/02/2003 1:44:04 PM PDT by Grand Old Partisan (You can read about my history of the GOP at www.republicanbasics.com)

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