Quote: |
Originally Posted by cw1865 Well, what happened to them? | I don't know...maybe someone else does.
I do know that the Federal officers that captured them advocated leniency.
Based on the final judgement it didn't have much effect.
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POWER & MONEY
"Your New-York bankers and merchants are shrewd people, but I never gave them credit for so much sagacity as when they took the Government Loan. It was not merely patriotism, it was a high stroke of policy. It has saved the Government, and what they will regard as equally important, saved them from a great financial disaster."
New York Times, 27 September 1861 | 
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