Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1869-02-16
THE HERALD.
The Debts of the States.

erai states during tho war were
substantially part Of the vast ma
tional debt incurred by the people in
the suppression of the rebellion
The Special Commissioner of the
Revenue, in his report. furnishes some
interesting tables, showing the gener
al reduction of the State Indebtedness
since the war. The figures of the
debt in the winters of I660-'61, 1865
go, and in November 1868, with the
increase and reduction are as follows:
Maine-Debt in 1861, $500, 500 ;
December 81, 1865, SIS, 164, 600; Dec.
81, 1868, $5,053, 500. Reduction in
three years, s111,0O0.
New Hampshire-Debt in 1861,
S31, 663; June /, 1866, $4,000, 070 -
June l, 1868, s3;4s7,412. Reduction,
1914, 65e.
Vermont-No debt in 1861 +; in
1865, 1860, 000 in November, 1868,
81, 10000. Reduction, 1882, 900.
Massachusetts--No debt in 1861
in 1866, SS,254, 1854; 1867, 81. 092,-
6O9; November, 1868, ST., 1868, 672.-
Increase since 1865, S., 100000.
Rhode Island-No debt in 1861 =
1866, $4,000, 900; November, 1888
So, 100000. Reduction, 1888, 900.
Connecticut-No debt in 1861; il
1865, $40, 100000 in November 1868
So, 135,50O. Reduction, 81, 264, 800.
New York-In September, 1860
$34, 1872, 975; 1865, $40, 6Ss, 500 Sep
1868, $44, 96S,786. Reduction, S4,-
618,753. Unapplied balances in th,
sinking fund would reduce the deb
to SIS, s64,44
New Jersey-In 1860, $104, 900; :
November, 1865, $3,01S, 800; Nov.
1868 $2,219,697. Reduction, $780,
102.
Pennsylvania November, 1860
$37 ,964,602 1861'62, $40,575, APO
November, 1858, 49,, 799,7S6. Re.
duction, S7,776,634.
Deleware-No debt in 1860; il
1867 the debt was $1,242,0O; Nov.
1868, S605, 800. Reduction, $685., 15C
| Maryland holds productive mort
cages and liens to the the full amour
of her debt
Ohio-Debt in 1860, $14, 1850, 173-
1865, $13, 060,582 1868; $10,529, CITE
Reduction since the war, $3.50 COG
Indiana-Debt in 1861, $7,770. 23a
in 1864, $8,687, 800; in 1868, So, 101,
587. Reduction, $5,586,373.
| Michigan-Debt in 1861, S2,388,
842; November, 1866, $3,979, 921 :
November, 1863. 1881 78. Reduc
ton, $328,s42.
Illisnois.- Debt in 1861, $40, 277. 161
in 1865, 11,176,564 November, 1865
S., 1884 Reduction, SIS, 190,1 Ill.
| Wisconsin-Debt in 1861, 800, 00(
1865 s2.682,4 November, 1865
So. 252,000 Reduction, $40, 497.
Minnesota-In 1861, had debt c
$3.50, 900, which was increased t
$3.50, 900, of which, in 1868, Their
was outstanding 100000.
Iowa is out of debt.
Missouri's debt 10 1860, S24,734,
900; January, 1865, s37, 900, 900; i
October, 1868, $40, 557, 900. Reduc
ton, SIG, 443, 900. The State hold
collateral bonds for SO, 100000 of tn
debt.
Kentuoky-ln 1865, owed S., 254
BAG, which is now reduced to 1858
600. The debt unpaid is held by tn
State in trust for school and othe
funds.
The debt of Kansas is about 81,
600, 900.
Nebraska is out of debt.
California-In 1865, owed S., 290
GAO. Expended for the war, SO, 807
1868; now owes 1895, 500; dischare
ed and paid of, So, 1872, 800.
We gather from these details tina
the States which were not in the re
bellion, in January, 1861, owed q
aggregate of s137, 693, 825; that dur
ing the war uhis was increased t
$218, 307, 49s, which sum has sine
been reduced to 1857, lis, 108.
This indebtedness includes owe
$5,oO0,00O incurred by Massachus
etts for special internalimprovement
during the last few years. In add
ton to the payments on the nationa
debt, the people should be credite'
with the payment of SCI ,000,0 O
State liabilities.