Note XXXIII-41 — Chapter XXXIII · COMMERCE AND FINANCE. 1801-1887.
Reading edition
The public debt amounted to $3,726,144, and the yearly expenses were nearly $900,000, to meet which the revenue was totally inadequate. The several states were in no better condition, inasmuch as the revenue from stamped paper, rum, excise, and other small sources, which had been assigned them, was not enough for their needs.