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Sign up freeThe New Orleans Daily Democrat
New Orleans, Orleans County, Louisiana
What is this article about?
South Carolina Gov. Hampton and Attorney General Conner secured a $100,000 temporary loan in New York for state expenses, but it proved unnecessary due to higher-than-expected tax collections.
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Where did it happen?
Domestic News Details
Primary Location
New York
Event Date
Last Week
Key Persons
Outcome
temporary loan of $100,000 obtained but not needed due to unexpected tax payments supplying state government needs.
Event Details
Gov. Hampton and Attorney General Conner of South Carolina left New York for Columbia after accomplishing their mission to obtain a temporary loan of $100,000 for state government expenses and immediate cases. New York capitalists were convinced it was a good investment. However, before leaving, it was discovered no loan was needed as taxes paid exceeded requirements. If November taxes are paid freely, no call for the loan will be made.