The Southern States Since the War, 1870-1
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In our eReader you can find the full English version of the book. Read The Southern States Since the War, 1870-1 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 The Southern States Since the War, 1870-1
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There is something faulty in the whole system of finance pur- sued. The guarantee of the State has a large sound ; but it is doubtful whether, in present circumstances, it contributes essen- tially to the value of the bonds. The State debt of Georgia, as well as other Southern States, was inconsiderable at the close of the war, but it has been rapidly increased since, for other pur- poses as well as railways, and, with its natural result of increased taxation, forms a constant theme of bitter p...olitical discussion betwixt the Eadical-Negro Governments and the white people 90 MACON. [CH. XIV.
of the States. A curious incident has just occurred here, which serves to illustrate the feud that prevails in regard to the State finances. Governor Bullock proceeded to New York some days ago, with the view of negotiating the sale of some amount of State bonds, and was immediately followed by the son of the Treasurer of the State, who reported to the New York banking houses that the bonds which the Governor wished to sell were informal and illegal, that they had not been registered in the terms of the Act, and that no transactions upon them would be binding on the State of Georgia.
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You can find similar books in the "Read Also" column, or choose other free books by Robert Somers to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
There is something faulty in the whole system of finance pur- sued. The guarantee of the State has a large sound ; but it is doubtful whether, in present circumstances, it contributes essen- tially to the value of the bonds. The State debt of Georgia, as well as other Southern States, was inconsiderable at the close of the war, but it has been rapidly increased since, for other pur- poses as well as railways, and, with its natural result of increased taxation, forms a constant theme of bitter p...olitical discussion betwixt the Eadical-Negro Governments and the white people 90 MACON. [CH. XIV.
of the States. A curious incident has just occurred here, which serves to illustrate the feud that prevails in regard to the State finances. Governor Bullock proceeded to New York some days ago, with the view of negotiating the sale of some amount of State bonds, and was immediately followed by the son of the Treasurer of the State, who reported to the New York banking houses that the bonds which the Governor wished to sell were informal and illegal, that they had not been registered in the terms of the Act, and that no transactions upon them would be binding on the State of Georgia.
What to read after The Southern States Since the War, 1870-1?
You can find similar books in the "Read Also" column, or choose other free books by Robert Somers to read onlineMoreLess
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