File:Census reports Tenth census. June 1, 1880 (1883) (14778793965).jpg

Identifier: cu31924070682590 (find matches)
Title: (Census reports) Tenth census. June 1, 1880
Year: 1883 (1880s)
Authors: United States. Census Office. 10th Census, 1880 Walker, Francis Amasa, 1840-1897 Seaton, Charles Williams, 1831-1885 Gannett, Henry, 1846-1914
Subjects:
Publisher: Washington, Govt. print. off.
Contributing Library: Cornell University Library
Digitizing Sponsor: MSN

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INTRODUCTION TO PUBLIC INDEBTEDNESS. 2G9 of lines is now nearly complete, and must add very largely to the commerce and strength of the empire. She, like Austria, has had along series of deficits, but the turning point seems now to have been reached, and, if no great war interferes, we may expect financialprosperity to raise the value of her securities. The United States have been wonderful in their rapid aocumulation of debt, and in its equally rapid reduction. Will they continueits diminution? Their growth in national wealth is so rapid that its proportionate burden is rapidly diminishing. The maintenance ofpeace and economy, and the adoption of some of the principles of monetary and commercial legislation, will do more for the debt thaneven large surpluses. England has made some progress in reducing her debt, which now (1874) stauds at £785,000,000, instead of the £900,000,000 of 1815;but, as in the United States, a great deal of this reduction was effected in the first years aft

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