Women in Trade Unions in San Francisco Volume 3 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 Excerpt: ... 1860. At this time the war debt was $804,151.58. On July 1, 1865, the state debt was $4,974,953.69. Of this amount $4,184,500 was funded, $790,453.67 unfunded. From the total debt we should, however, subtract $240,822.00, cash on hand, leaving a net state debt of $4,734,131.91. One year later, July 1,1866, the funded state debt was $4,390,000, showing an increase of $205,500. Of the bonds of 1857, $172,000 were redeemed and $31,000 placed to the credit of the school fund. Of the 1860 bonds $11,000 were redeemed. During the two years there were issued soldiers' relief bonds to the amount of $351,500 and soldiers' bounty bonds to the amount of $235,000. On January 6, 1866, the state treasury redeemed $45,000 worth of soldiers' relief bonds and on January 30, 1866, $184,000 of the soldiers' bounty bonds. On July 1, 1867, there were outstanding $3,314,000 of the 1857 bonds, $272,000 having been redeemed on April 18, 1867; $177,000 of the funded debt of 1860, of which $10,500 were redeemed April 18, 1867. During the year soldiers bounty bonds to the amount of $152,000 were redeemed; $1,265,000 of soldiers' relief bonds were issued, and $12,500 redeemed. The total funded debt, July 1, 1867, was $5,115,500, while on November 1, 1867, it was $5,204,292.73, the increase being caused in part by $77,792.73 of controller's warrants charged against the capitol fund and $15,000 soldiers' bounty bonds issued on July 15, 1867. This was the high-water mark of state indebtedness during the period from 1860 to 1872. After 1867 the state debt gradually declined. During the two years following there were but $35,000 of the soldiers' bounty bonds issued. On the other hand, the state redeemed $634,000 of the funded debt bonds of 1857, $18,500 of the funded debt bonds of 1860, $8...