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Story April 18, 1868

The Weekly Caucasian

Lexington, Lafayette County, Missouri

What is this article about?

Edward De Leon reveals in a letter that Sir Henry De Houghton donated over £200,000 to the Confederacy and held a large share of the fraudulent cotton loan, which benefited agents more than the treasury but offered temporary support to the Southern cause.

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OCR Quality

95% Excellent

Full Text

Edward De Leon, formerly Consul General to Egypt, and afterward an agent of the rebel government in Europe, has written a long letter to the New York Citizen, on the secret diplomatic history of the rebellion. He states that Sir Henry De Houghton, one of the wealthiest baronets of England, contributed in all over £200,000 to the Confederate cause, and that he held at the close not far from one-tenth of the whole cotton loan. He speaks of the loan as a thorough job from the beginning, paying enormous profits to the agents by whom it was negotiated, but very little to the Confederate treasury. It had some influence favorable to the Southern cause, but this was temporary and of little real value.

What sub-type of article is it?

Historical Event Deception Fraud

What themes does it cover?

Deception Crime Punishment

What keywords are associated?

Confederate Cause Cotton Loan Sir Henry De Houghton Edward De Leon Rebel Government Diplomatic History

What entities or persons were involved?

Edward De Leon Sir Henry De Houghton

Story Details

Key Persons

Edward De Leon Sir Henry De Houghton

Story Details

Edward De Leon writes about secret diplomatic history of the rebellion, stating Sir Henry De Houghton contributed over £200,000 to the Confederate cause and held nearly one-tenth of the cotton loan, which was a fraudulent scheme profiting agents more than the treasury but providing temporary favorable influence.

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