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n was entire, for three quarters of a century. How these sums were raised is rather interesting item of the . Nearly four hundred millions were raised by loans and treasury notes. The actual direct contributions from all other counties, from 1789 to 1860, were as follows. Customs$1,,570,154.28 Lands174,947, Miscellaneous$5,122.72 All the receipts of the Federal Government, during its whole existence to the beginning of this war, and, therefore, just about equal to Mr. Spon. The comparative magnitude of the borrowing to be done, may be estimated by reference to these tables. The aggregate amount which the Government of the United States raised by loans and the issue of treasury notes during its entire term, from 1789 to 1860, was $380,621,170.72. This includes large amounts negotiated for the extension of bonds already due, and the re-issue of treasury notice. The largest amount in any one year, $35,000,000, was raised in 1815, under the impulses of peace, bu
March, 1789 AD (search for this): article 1
Means in the Federal House of Representatives, in a late speech on the finances, he computed the eventual debt entailed on the Federal Government by the war, in the most favorable event, and by the strictest conclusion, at $1, 800,000,000-- eighteen hundred millions of dollars. Turning to the official tables made up at the U. S. Treasury, to the 30th June, 1860, the last year of the undivided Union, we find that the total expenditures of the Federal Government, from its beginning in March, 1789, to that day, amounting to $2,151 8,828 twenty-one hundred and fifty millions of dollars. So, the attempt to enslave the Southern States will have cost, for the beginning of the war, as we esteem it from the most invariable estimate of its completion, as the invaders count it, six- sevenths of the whole amount which served to support the whole Federal Government, in all its branches, for seventy-one years, during which it carried on the war with Great Britain and the war with Mexico,
uccess, but such is their calculation. The comparative magnitude of the borrowing to be done, may be estimated by reference to these tables. The aggregate amount which the Government of the United States raised by loans and the issue of treasury notes during its entire term, from 1789 to 1860, was $380,621,170.72. This includes large amounts negotiated for the extension of bonds already due, and the re-issue of treasury notice. The largest amount in any one year, $35,000,000, was raised in 1815, under the impulses of peace, but the distresses of the Government for money, and the extreme difficulty in borrowing during the war, are matters upon which historians have dilated, in order to expose the trouble with which money is raised without an adequate system of finance and taxation to secure punctual repayment. All the money which the Government obtained during the four years of the war by loans, &c., were less than a hundred millions of dollars. The wholesome of $380,000,000, for f
tire, for three quarters of a century. How these sums were raised is rather interesting item of the . Nearly four hundred millions were raised by loans and treasury notes. The actual direct contributions from all other counties, from 1789 to 1860, were as follows. Customs$1,,570,154.28 Lands174,947, Miscellaneous$5,122.72 All the receipts of the Federal Government, during its whole existence to the beginning of this war, and, therefore, just about equal to Mr. Spalding's comparative magnitude of the borrowing to be done, may be estimated by reference to these tables. The aggregate amount which the Government of the United States raised by loans and the issue of treasury notes during its entire term, from 1789 to 1860, was $380,621,170.72. This includes large amounts negotiated for the extension of bonds already due, and the re-issue of treasury notice. The largest amount in any one year, $35,000,000, was raised in 1815, under the impulses of peace, but the di
June 30th, 1860 AD (search for this): article 1
expedients for relief. We take for a basis of exhibit the statement of Mr. Spalding, of New York, a member of the Committee of Ways and Means in the Federal House of Representatives, in a late speech on the finances, he computed the eventual debt entailed on the Federal Government by the war, in the most favorable event, and by the strictest conclusion, at $1, 800,000,000-- eighteen hundred millions of dollars. Turning to the official tables made up at the U. S. Treasury, to the 30th June, 1860, the last year of the undivided Union, we find that the total expenditures of the Federal Government, from its beginning in March, 1789, to that day, amounting to $2,151 8,828 twenty-one hundred and fifty millions of dollars. So, the attempt to enslave the Southern States will have cost, for the beginning of the war, as we esteem it from the most invariable estimate of its completion, as the invaders count it, six- sevenths of the whole amount which served to support the whole Fed
ernment since its foundation, even including all its expenditures for its own support from the first day of its existence, and how more desperate the necessity for further expedients for relief. We take for a basis of exhibit the statement of Mr. Spalding, of New York, a member of the Committee of Ways and Means in the Federal House of Representatives, in a late speech on the finances, he computed the eventual debt entailed on the Federal Government by the war, in the most favorable event, and 89 to 1860, were as follows. Customs$1,,570,154.28 Lands174,947, Miscellaneous$5,122.72 All the receipts of the Federal Government, during its whole existence to the beginning of this war, and, therefore, just about equal to Mr. Spalding's estimate of what the war will have cost if it stops soon. It must be noted that this eighteen hundred millions of dollars is only the debt which the Federal Government will have contracted beyond its available means. The cost of the ex
Mexico (Mexico, Mexico) (search for this): article 1
rch, 1789, to that day, amounting to $2,151 8,828 twenty-one hundred and fifty millions of dollars. So, the attempt to enslave the Southern States will have cost, for the beginning of the war, as we esteem it from the most invariable estimate of its completion, as the invaders count it, six- sevenths of the whole amount which served to support the whole Federal Government, in all its branches, for seventy-one years, during which it carried on the war with Great Britain and the war with Mexico, and sundry small, but not inexpensive Indian wars in Florida, in the Northwest, in Utah and upon the Pacific coast. The war is, however, but just begun in an interminable career of cost. There are but the first expenses of the experiment and they have already, by contestant, reached an amount which must rapidly transcend the whole expenditure of the Government of the United States when the Union was entire, for three quarters of a century. How these sums were raised is rather int
England (United Kingdom) (search for this): article 1
t, from its beginning in March, 1789, to that day, amounting to $2,151 8,828 twenty-one hundred and fifty millions of dollars. So, the attempt to enslave the Southern States will have cost, for the beginning of the war, as we esteem it from the most invariable estimate of its completion, as the invaders count it, six- sevenths of the whole amount which served to support the whole Federal Government, in all its branches, for seventy-one years, during which it carried on the war with Great Britain and the war with Mexico, and sundry small, but not inexpensive Indian wars in Florida, in the Northwest, in Utah and upon the Pacific coast. The war is, however, but just begun in an interminable career of cost. There are but the first expenses of the experiment and they have already, by contestant, reached an amount which must rapidly transcend the whole expenditure of the Government of the United States when the Union was entire, for three quarters of a century. How these su
Utah (Utah, United States) (search for this): article 1
f dollars. So, the attempt to enslave the Southern States will have cost, for the beginning of the war, as we esteem it from the most invariable estimate of its completion, as the invaders count it, six- sevenths of the whole amount which served to support the whole Federal Government, in all its branches, for seventy-one years, during which it carried on the war with Great Britain and the war with Mexico, and sundry small, but not inexpensive Indian wars in Florida, in the Northwest, in Utah and upon the Pacific coast. The war is, however, but just begun in an interminable career of cost. There are but the first expenses of the experiment and they have already, by contestant, reached an amount which must rapidly transcend the whole expenditure of the Government of the United States when the Union was entire, for three quarters of a century. How these sums were raised is rather interesting item of the . Nearly four hundred millions were raised by loans and treasury note
United States (United States) (search for this): article 1
dea of the weight of that burden, and the ruin which it is to bring upon somebody hereafter, may be gathered from a reference to the takable capacity which the United States have exhibited in their former history during their career as a Government and in times of national difficulty. A few figures will expound more clearly than c expenses of the experiment and they have already, by contestant, reached an amount which must rapidly transcend the whole expenditure of the Government of the United States when the Union was entire, for three quarters of a century. How these sums were raised is rather interesting item of the . Nearly four hundred millions weation. The comparative magnitude of the borrowing to be done, may be estimated by reference to these tables. The aggregate amount which the Government of the United States raised by loans and the issue of treasury notes during its entire term, from 1789 to 1860, was $380,621,170.72. This includes large amounts negotiated for the