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Durden, Robert F. Listings

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1 Durden, Robert F. Reconstruction Bonds & Twentieth-Century Politics - South Dakota v. North Carolina (1904)
Durham, NC Duke University Press 1962 First Edition Hardcover Near Fine in Very Good dust jacket 

Black cloth with gold lettering, xi + 274 pp, index. Corners bumped, slight edge wear. Jacket has a little edge wear, spine a bit sunned, price clipped. An attractive copy.

"An old trunk harbored for nearly half a century the intimate details of one of the most fantastic chapters in the history of any state, revealed here for the first time. At the center of this story is an ingenious plan engineered by a man whose dedication to self-enrichment and political revenge caused him to pit one state against another in legal and personal conflicts which made constitutional history and riled North Carolina politics for more than two decades. The man was Daniel L. Russell, North Carolina's only Republican governor since the Reconstruction era. The papers in the trunk were Russell's and they document the story remarkably well.
"The scheme centered upon Southern repudiated and partially repudiated bonds, particularly certain bonds which the State of North Carolina had sold in an ambitious program of state aid for railway development. The Eleventh Amendment to the Federal Constitution prevented the unhappy holders of the bonds from suing the sovereign state of North Carolina, but Russell hit on the idea of having the New Yorkers who owned most of the outstanding bonds donate ten of them to another state. This sovereign donee could then, under the Constitution, sue North Carolina in the United States Supreme Court . . . "; 7" - 9" Tall
Price: 12.50 USD

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