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The Boys of '61

Note 92 — Chapter XXIX · CHARLESTON.

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The entire amount of the State loan of one million eight hundred thousand dollars issued under that act was taken by the banks of the State. Every bank with the exception of the Bank of Camden and the Commercial Bank of Columbia subscribed to the stock. The seven Charleston banks at this early stage of the war had loaned the State permanently eleven hundred and forty-two thousand dollars.[92]

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