How the South's fight to uphold segregation was funded up North

From: The New Crisis | Date: September 1, 1999| Author: | Copyright information

Jackson, Miss. - On the afternoon of Sept. 12, 1963, a vice president of Morgan Guaranty Trust Co. sent a telegram to the Mississippi State Sovereignty Commission, the agency created by local politicians to fight the civil-rights movement and preserve racial segregation.

A Morgan client, the telegram said, was "setting aside as an anonymous gift" stock valued at $100,000. There was one condition: "Donor would like the fact and amount of gift to be kept confidential. "

The matter was referred directly to Mississippi Gov. Ross Barnett, who agreed to the terms and, that same day, sent Morgan ...

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