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State borrows at 5 425 percent in Columbia
The article laments South Carolina borrowing seven and a half million dollars for state running expenses at 5.425 percent while eleven million sits on deposit at 3 percent. It argues funds are restricted to their designated uses and suggests pooling all funds to reduce interest, with Governor Richards backing a plan to use the state as its own banker.
MENTIONED IN THIS ARTICLE
South Carolina
Seach Carolina
Tavernoy Richards
General Assembly
Grovernor
Wall Street
State Finance Committee
Richards
Court of Common Pleas
Aiken
S.C
Aiken County
Pickens Olifants
Leila Morris
Simon Mack
Ville Te Aiken
Beau HO
Renal
Brdwarte S. Chort
Minter Fur Aikenauints
Masteios
Soutie
Carolina Aiken
Canir County
AL Williams
Annie Riehbarge Williams
Con
Jrmairy Pth
Tso
Athenaml
South
Cherea
East Fey Bk
Matusti
Saraneth Williams
William Aval
Stephen Wisega
Sehalta’s Hill
State of Seat
Carolina
TC. Reeves
W. T. Tite
Dande
Brooks
Tasner B. Yeldell
Preston Harley
WLR
Brigham
John B. Williams