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1868 North Carolina railroad bonds scandal information


The 1868-1869 North Carolina railroad bonds scandal took place in the U.S. state of North Carolina after Milton S. Littlefield and George W. Swepson defrauded North Carolina of $4 million by issuing fraudulent bonds for a railroad project.[1]

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1868 North Carolina railroad bonds scandal

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The 1868-1869 North Carolina railroad bonds scandal took place in the U.S. state of North Carolina after Milton S. Littlefield and George W. Swepson defrauded...

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George William Swepson

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politician and a swindler notable for his involvement in the 1868 North Carolina railroad bonds scandal. "George William Swepson (1819-1883)". Caswell County...

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Wilmington massacre

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silver. 1868 North Carolina railroad bonds scandal: Since before the American Civil War, the state had been trying to expand the Western North Carolina Railroad...

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1868 United States presidential election

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First Southern Strategy. University of North Carolina Press. ISBN 0807816809. American Annual Cyclopedia ... 1868 (1869), online, highly detailed compendium...

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History of the Union Pacific Railroad

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sale of bonds of a railroad that most investors thought would never make a profit. The original UPRR was entangled in the Crédit Mobilier scandal, exposed...

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Little Rock and Fort Smith Railroad

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Railroad was a railroad that operated in the state of Arkansas, United States, between 1853 and 1875. It came to national prominence when its bonds were...

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Gilded Age

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University of North Carolina Press. ISBN 978-0-8078-4909-5.[page needed] Bain, David (2000). Empire express: Building the first transcontinental railroad. New...

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Reconstruction era

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and the Politics of War and Reconstruction, 1861–1868. Chapel Hill: The University of North Carolina Press. ISBN 978-0807819661. Suryanarayan, Pavithra...

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Union Planters

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North Memphis Savings Bank the following year and converted its offices into a third branch. In 1924 Union and Planters experienced a major scandal involving...

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History of South Carolina

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stores (such as masts and turpentine). The Province of Carolina was split into North and South Carolina in 1712. Pushing back the Native Americans in the Yamasee...

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Panic of 1873

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bonds issued by railroad companies. The failure of Jay Cooke & Co., heavily invested in railroad bonds, triggered a crisis in the railroad industry. In 1877...

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Emancipation Proclamation

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of New Orleans), Mississippi, Alabama, Florida, Georgia, South Carolina, North Carolina, and Virginia (except the forty-eight counties designated as West...

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Women during the Reconstruction era

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public officials throughout the state of North Carolina and by administrators at the University of North Carolina. Though it held little political influence...

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List of federal political scandals in the United States

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mounting pressure from scandals ahead of midterms". npr.org. Myah Ward (May 17, 2022). "Cawthorn loses primary in North Carolina". politico.com. Schnell...

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Southern United States

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environment and made money off various schemes, including bonds and financing for railroads. White Southerners who supported Reconstruction policies and...

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United States House Committee on Ways and Means

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tariffs, bonds, income and excise taxes, national banks, suppression of money issued by state banks, greenback currency, and western railroad land grants...

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Thirteenth Amendment to the United States Constitution

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Johnson, who encouraged the "reconstructed" Southern states of Alabama, North Carolina, and Georgia to agree, which brought the count to 27 states, leading...

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Economic history of the United States

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end to contraction, which Congress ordered in January 1868. Meanwhile, the Treasury issued new bonds at a lower interest rate to refinance the redemption...

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Benjamin Tillman

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Fairfield District. They married in January 1868 and she joined him in Florida. The Tillmans returned to South Carolina, where the following year they settled...

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