Statistics for occurrence #1 of “Colonel Gibbes” in chapter 1.54, section c.1.54.61, page 202 of Southern Historical Society Papers, Volume 35.:

...otiated. For it is a fact that at that time cotton was bringing from 60 to 80 cents a pound in Liverpool, and these bonds provided for the redemption of the money with cotton at 10 cents a pound. Colonel Gibbes is not positive what Erlanger gave for the bonds, but thinks the price was over 80 cents on the dollar. This was a speculation for the wealthy foreigner, and he advertised for proposals for the b...
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