History of Kentucky volume 2
History of Kentucky volume 2
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In our eReader you can find the full English version of the book. Read History of Kentucky volume 2 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book History of Kentucky volume 2
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Io. 6 The financial strength of the state, so vividly shown in the stand- ing of the banks, extended with equal force to the state government itself. In 1873 the commissioners of the Sinking Fund (money set apart to meet the state's bonded indebtedness) were directed "to invest so much of the means at their command, and under their control, in five-twenty gold-bearing interest bonds of the United States, as may be amply and fully sufficient to redeem the whole amount of the re- deemable bonded ...indebtedness of the state, with the interest thereon, not exceeding $1, 000, 000 in amount and not less than $350, 000. "" The next year the finances of the state were reported to be in an excellent condition, despite the fact that the people generally were suffering under a panic. The commissioners of the Sinking Fund had already bought $246, 000 of United States bonds, with the redeemable bonded indebted- ness of the state amounting to only $184, 394. At the end of the fiscal year 1874 the state had a surplus of $36i, 6o4.
What to read after History of Kentucky volume 2?
You can find similar books in the "Read Also" column, or choose other free books by Charles Kerr to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Io. 6 The financial strength of the state, so vividly shown in the stand- ing of the banks, extended with equal force to the state government itself. In 1873 the commissioners of the Sinking Fund (money set apart to meet the state's bonded indebtedness) were directed "to invest so much of the means at their command, and under their control, in five-twenty gold-bearing interest bonds of the United States, as may be amply and fully sufficient to redeem the whole amount of the re- deemable bonded ...indebtedness of the state, with the interest thereon, not exceeding $1, 000, 000 in amount and not less than $350, 000. "" The next year the finances of the state were reported to be in an excellent condition, despite the fact that the people generally were suffering under a panic. The commissioners of the Sinking Fund had already bought $246, 000 of United States bonds, with the redeemable bonded indebted- ness of the state amounting to only $184, 394. At the end of the fiscal year 1874 the state had a surplus of $36i, 6o4.
What to read after History of Kentucky volume 2?
You can find similar books in the "Read Also" column, or choose other free books by Charles Kerr to read onlineMoreLess
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