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History of Central America, Volume 3, 1801-1887, Volume 8

Note XXXIII-43 — Chapter XXXIII · COMMERCE AND FINANCE. 1801-1887.

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A natural result of selling $100 bonds at $30, and paying $100 the next year. The govt was shamefully swindled by the few men who had a share in the transactions. Id., 1846, 51-6. On the other hand, the funds received from the loan were misapplied. Marure, Bosq. Hist. Cent. Am., 142-7.

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