The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1827-12-20

Per cents amounting 10 IL 800 .J47 20 redeem
able AZ the pleasure OF tie Govcrnmeut aud TIE
seven millions subscribed 10 the bau!, OF the I'M
ted States also redeemabe at the pleasure offac
Government
Tie residue of the debt was contracted after
the commencement Of the war Of 1912, aud con-
sists Of various loans aud stocks created aud re-
decnahle AT periods as follow -
l. The sum Old. oil 5s7 Of al SIX per cent.
being the residue unpaid Of the loan under the
act Of the sth Of Feb lsl2, and rcdcemable in
ls26. The amount authorized TO be hor, owed
undrr this act. wis sixteen millions.--F0f thie
sum crrtifca'es Of stock issued 10 the amount of
Is lOo,917 IL premium haviug been Gwen 10
the lenders Offhis amount there reaiaia IN
paid AS above. 2d4 687 ~.
. The SUN OF Is .oo6 81 o. az six per cent,
heine the residue IN AID OF loans made under
the act oftbe 24fh of March, lsl4 and redeem.
able in 1927 The amount authorized by this
act was twenty-five millions On this amount
there was borrowed under oans contracted IN
1914. che sum OF l. Of. 49, q. For tn, sum
certificates of stock issued 10 the amount Of 10
los. Ola ~, under premium to the LENDERS Is
above OF which thafe remain unpaid OF the loan
CONTRACTED OF the Second OF alav. IN that vrar,
& jO1 500 RS ofthat contracted on the 2Znd Of
August, 1850 $50 II aud OF other smaller
Ioaus contracted under the ac, in the course of
the same wear. 81 So -, making Ia the whole
- Oo6 5i2 90, rs first above stated.
s The sum Of 9, 100 900 10 At six per cent
being the residue unpaid of the loan under the
act Of the 81 of March lsl5 aud ,cdrenahle N
1898 Thi; act authorized a loan of eighteen
millions four hundred aud Gitv two thousand
eight hundred dollars. There was borrow ed nn
der it the sum 81 ! 80 .326 49, principally b.,
the funding of Treasury Nptgsaud Certificates -
Stock isSurd to me amount Of - 93S. Il 66.pf
which there remained unpaid, as above 94eo,
900 10
4. The sum Of $50 .66s 09, az an interest of
fonr aud hal PER cert .heing one -halfolthr six
per cent stock Of 1gf3. exchanged under the a.
oF Congress of the 81 OF March, 1925 \ redeem
able in o29.
s. The sun, of 769. Goo o9 at an interest Of
four aud half per cent. being the other half u
the SIX per cent. stock exchanged as above, and
redeenable in 1890.
g. The sum of Il 9ol 50. at FIVE per cent be
ing one-thiri part ptthe sun Of SIS 70f II. issued
in exchange for SIX per cent. stock Of 1873 lsii,
and 1918 under the act Of the 20rh Of April, ls22
aud rrdeemable in 1881
J. The sun Of 1901 20, AZ five per cent, be-
ing ono other thrd part ofthe sum subscribed
above stated, and redaemablo in 1892.
2 The sum OF $40 600 600 AT four and half
per cent. being stock created under 'he acts Of
the , lth and 26th of Nay. 1894 for sums hor
rowej Of thr Bank of the United States. one-half
10 nav the Florida claims, the other half 10 pay
uT the six per cent stock Of 1872, q Iedeemable
in 1922
.. The sun of 900 900 l3 at FIVE per cent,
heinc stock created hy the act ot the loth OF
Nav, 800. and rndeenabe in 1870
10 The ,nm Of OIL 80, at FIVE per cent,
being the remaining third subscribed under the
act ct the 2Uh OF APrll. r. aha r'uPe'hapie ~
1875
II, The sum oi 222I3h3 ", N tour and a
halfp"r cent, beog one hall OF the amount sub
ser1hed ~ "\chanoe iof SIX p'r cont S'ork NJ
1913, under tn arf 81 TIE 2htl "l MAY ls-i,
and redremab'e IN h..
y. The sum 80 tnS %. ~ tour and
halt0oy cent, heing tie o'h"r nan .unScrhnd
under the act last above stated, and redeemabe
in 1874
y. The SUM Of "a 296 20, at five per cent,
bong the amount ofstock ISSUED under tie act
Of the Sd of March. 1871, aud redeemahle IN
1898.
Tho torcroin@ enumeration gives me ACRE
"atr of nSol&5ll ~, stated rs tho amount OF
the 4rbt on the first of October last
Orthis ago eo,te = my NOT he iunproprr here
- st5tp that 10 0a1 pa o6 are owned N the
If,titeI States and 1912 32J Y by foreign
e,s
\ P'NN'.' ~ NJ ''"',' !" w ,''''' VA AZ
at The pr"''pa' OF the DEBT NJ re Nose Of me
present year IN a"n''"n 10 one ''a' "'' "''u'
tn July MS total aggregate amount on inc hfs'
OF January, ls-', VIII be ohfl5'"" W.
To make up this AZ ,regate. all the items ex-
hib,jed IN the foregoing view Of the whole deb
are mrlu1ed. Bnt the Whole together gives the
nominal rather than the real. amount OF the