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Benson J. Lossing, Pictorial Field Book of the Civil War. Volume 1., Chapter 6: Affairs at the National Capital.--War commenced in Charleston harbor. (search)
ising money more rapidly. Russell had become acquainted with Goddard Bailey, a South Carolinian and kinsman of Floyd, who was the clerk in y were the State bonds composing the Indian Trust-Fund. He induced Bailey to exchange these bonds July, 1860. for Floyd's illegal acceptanceciated, and the holders called on Russell for additional security. Bailey supplied him with more bonds, December 13. until the whole amount the coupons payable on the 1st of January, on the abstracted bonds, Bailey found himself in such a position that he was driven to a confessionconspiracy, as Commissioner of the Sovereign State of Mississippi. Bailey wrote a letter to him, antedated the 1st of December, disclosing thd the exact amount of the theft was speedily made known. At length Bailey was discovered, and made a full confession. The wildest stories the public held Floyd and Thompson responsible for the crime which Bailey had confessed. The blow given to the public credit was a staggerin