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Updated: June 15, 2025
Of these objects the first has been in the course of accomplishment in a manner and to a degree highly satisfactory. The amount of the public debt of all classes was on the 4th of March, 1853, $69,190,037, payments on account of which have been made since that period to the amount of $12,703,329, leaving unpaid and in continuous course of liquidation the sum of $56,486,708.
The amount drawn from the Treasury from July 1 to November 1, 1877, is $5,343,037.40, of which there is estimated to be yet available $1,029,528.30, showing the amount of actual expenditure during the first four months of the present fiscal year to have been $4,313,509.10.
We have no room for details. Our total population by 1880 had swollen to 50,155,783, by 1890 to 62,622,250. The census valuation of our national wealth, which had been for 1860, $16,159,616,068. was, for 1870, $30,068,518,507; for 1880, $43,642,000,000; and for 1890, $65,037,091,197.
Thus, on being asked to give the square of 4395, he multiplied 293 by itself, and then twice multiplied the product by 15. And on being asked to tell the square of 999,999 he obtained the correct result, 999,998,000,001, by twice multiplying the square of 37,037 by 27.
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