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DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY.

Authorizing Acts.

Character of Issue.

April 15, 1842....... Bonds.........

Jan. 28,1847...

Bouds

March 31, 1848..... Bonds

Rate.

6 per cent.......

6 per cent......... 6 per cent... ....... ..... Sept. 9, 1850......... Bonds, Texas Ind.. 5 per cent......... Prior to 1857........ Treasury Notes..... 1 m. to 6 per ct... Dec. 23, 1857.... Treasury Notes..... 3 to 5 per cent... March 2, 1861...... Treasury Notes..... 6 per cent......... July 17, 1861........ Treasury Notes, 3

years 7 3-10 per cent... March 3, 1863...... Treasury Notes, 1 and 2 years.............. 5 per cent...... March 3, 1863....... Certificates of InMarch 3, 1863, and debtedness 6 per cent.................. June 30, 1864..... Compound Interest Notes.......

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6 per cent......... 1,995,920 00 June 10, 1867, and May
15, 1868.
180,810 00 Oct. 15, 1866.....

June 30, 1864....... Temporary Loan... 4, 5, 6 per cent... June 30, 1864, and

March 3, 1865.... Treasury Notes, 3

years.

380,111 04 7,444 24

7 3-10 per cent...

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Aggreg. of debt on which interest has ceased.

Total accrued interest............

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Total debt, principal and interest to date, including interest due and unpaid

Amount in Treasury: Coin

41,457,318 65 $2,460,130,363 08

$97,368,577 81

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2,341,784,355 55

Decrease of debt during the past month......

Decrease of debt since March 1, 1870...

7,475,860 90 104,019,982 52

Decrease of Debt since March 1, 1869, 21 months, as shown by the

monthly statements of the Secretary of the Treasury

$191,154,765 36

28,453,290 62

125,821,868 43

2,334,308,494 65

BONDS ISSUED TO THE PACIFIC R. R.'s INT. PAYABLE IN LAWFUL MONEY.

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The foregoing is a correct statement of the Public Debt, as appears from the books and Treasurer's returns in the Department at the close of business on the last day of November, 1870. (Signed) GEORGE S. BOUTWELL, Secretary of the Treasury.

The revenues for the fiscal year ending June 30th, 1868, were $405,000,000, and the expenditures $377,000,000, leaving in the Treasury a balance of $28,000,000. Of the expenditures for the year given above, $79,000,000 were extraordinary.

On the 1st of January, 1867, there were in the United States 1644 banks existing under the National Bank Act of the United States; and also 297 banks operating under the laws of their respective States; making a total of 1941 banks doing business in the Republic. They employed an aggregate capital of $486,258,464, divided amongst the two classes as follows: National Banks, $419,779,739, State Banks, $66,478,725. The following table, taken from the statements of the National Banking Association of the United States, will show the condition of the National Banks in January, 1867:

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There is reason to believe that the savages who were found in America by the first European settlers were not the original inhabitants of the Continent, but that they were preceded at a very remote period by another and a more powerful race, unknown and long extinct, but which has left vague evidence of its existence in the curious mounds and earthworks which are to be seen in various parts of the Mississippi Valley. At the time of its discovery by the whites, however, the red men were the sole human occupants of the Continent, which was covered with vast woods and plains abounding with game of every description, the pursuit of which formed the principal occupation of the natives, and furnished them with food and clothing.

The Indians were really one people in physical appearance, manners, customs, religion, and in the observances of their social and political systems, but were divided into numerous tribes, each of which had a dialect distinct from that of the others. The tribes were for the most part bitterly hostile to, and constantly engaged in war with each other. They are generally divided into eight nations, speaking eight radically distinct languages. These were:

I. The Algonquins, who inhabited the territory now comprised in the six New England States, the eastern part of New York and Pennsylvania, New Jersey, Delaware, Maryland, Virginia, North Carolina as far south as Cape Fear, a large part of Kentucky and Tennessee, and nearly all of Ohio, Indiana, Illinois, Michigan, Wisconsin, and Minnesota. This nation was subdivided into the following tribes: the Knistenaux, Ottawas, Chippewas, Sacs and Foxes, Menomonees, Miamis, Piankeshaws, Potawatomies, Kickapoos, Illinois, Shawnees, Powhatans, Corees, Nanticokes, Lenni-Lenapes or Delawares, Mohegans, Narragansets, Pequots, and Abenakis.

II. The Iroquois, who occupied almost all of that part of Canada south of the Ottawa, and between Lakes Ontarto, Erie, and Huron, the greater part of New York, and the country lying along the south shore of Lake Erie, now included in the States of Ohio and Pennsylvania. This territory, it will be seen, was completely surrounded by the domains of their powerful and bitter enemies, the Algonquins. The nation was subdivided into the following tribes: the Senecas, Cayugas, Onondagas, Oneidas, and Mohawks. These five were afterwards called by the English the Five Nations. In 1722, they admitted the Tuscaroras into their confederation, and were afterwards called the Six Nations. The nation called itself collectively the Konoskioni, or "Cabin-builders." The Algonquins termed them Mingoes, the French, Iroquois, and the English, Mohawks, or Mingoes.

III. The Catawbas, who dwelt along the banks of the Yadkin and Catawba Rivers, near the line which at present separates the States of North and South Carolina.

IV. The Cherokees, whose lands were bounded on the east by the Broad River of the Carolinas, including all of Northern Georgia.

V. The Uchees, who dwelt south of the Cherokees, along the Savannah, the Oconee, and the headwaters of the Ogeechee and Chattahoochee. They spoke a harsh and singular language, and are believed to have been the remnant of a once powerful nation.

VI. The Mobilian Nation, who inhabited all of Georgia and South

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