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$233.00

Profession Money

  • Street: Guentzelstrasse 44
  • City: Schwalmstadt
  • State: Utah
  • Country: Germany
  • Zip/Postal Code: 34613
  • Listed: 3 Mayıs 2020 06:18
  • Expires: This ad has expired

Description

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1791 – The fledgling United States has had public debt since its inception, and money owed incurred to pay the price of the Revolutionary Warfare, including $191,608.81 borrowed from New York Banks beneath the Article of Confederation to satisfy the governments first payroll, led to the primary fiscal report of the National Debt on January 1, 1791 and the sum was $seventy five,463,476.fifty two (some precise accounting here – proper down to the pennies.) The population of the U.S. was three,929,214, giving a per capita fee of debt of $19.205 (hist) – a staggering debt load for the younger nation.

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