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Richardson, James D. (James Daniel), 1843-1914

"Volume 7, part 1: Ulysses S. Grant"


By the monthly statement of the public debt, which adds together the
principal, interest due and unpaid, and interest accrued to date, not
due, and deducts the cash in the Treasury as ascertained on the day
of publication, the reduction was $100,544,491.28.
The source of this reduction is as follows:
Reduction in principal account $99,960,003.54
Reduction in unpaid-interest account 3,330,952.96
______________
103,290,956.50
Reduction in cash on hand 2,746,465.22
______________
100,544,491.28

On the basis of the last table the statements show a reduction of the
public debt from the 1st of March, 1869, to the present time as follows:
From March 1, 1869, to March 1, 1870 $87,134,782.84
From March 1, 1870, to March 1, 1871 117,619,630.25
From March 1, 1871, to March 1, 1872 94,895,348.94
From March 1, 1872, to November 1, 1872
(eight months) 64,047,237.


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