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Updated: May 5, 2025
There was due up to July 1, 1861 18,173,566 pounds. This was the amount of the debt due up to January 15th, 1862. Mr. Spaulding then calculates that the sum required to carry on the government up to July 1st, 1862, will be 68,647,077l. And that a further sum of 110,000,000l. will be wanted on or before the 1st of July, 1863. Thus the debt at that latter date would stand as follows:
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