Letters: May 5, 1930

Defaulting States


In your issue of April 14 (at p. 16) you report that the [British] Council of the Corporation of Foreign Bondholders has asked the [U. S.] National Commission on Law Observance and Enforcement to see to the payment of (Confederate bonds issued by Mississippi and other southern States, and held in large part by British subjects. You do the Council a grave injustice. They have too much good sense to ask for the payment of Confederate bonds. Hopes on that score died when General Lee surrendered at Appomattox Court...

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