Thursday, May 1, 2014

Today in the Sobel Timeline: May 1

On May 1, 1836, New York banker Jacob Little, who had extensive business interests in the Southern Confederation, and was often portrayed as the power behind the S.C. Liberal Party, fell victim to the growing business panic and closed his offices and fled to the United States of Mexico. It was soon discovered that Little had embezzled over N.A. £20,000 from his firms.

No comments: