No. 207]
The National Debt
599
payment has not been made, and of which no exact returns have yet been obtained, together with expenses of commissioners and ministers abroad, estimated at | Dollars | An. Interest. | ||
1,518,028 | 6,000,000 | 360,000 | ||
18,275,478 | ||||
Deduct for depreciation on money borrowed from 1st Sept. 1777, to 1st March, 1778 | 883,914 | |||
Principal sum specie | 17,391,564 | An. Interest | 1,096,52823 | |
Due to the army for pay and subsistence, up to the last of December, 1780, estimated | 1,000,000 | |||
18,391,564 | ||||
Due to the civil officers of government | 98,927 | |||
Besides the above, there are large debts contracted by the quartermaster and commissary, for part of which they have settled with the persons who have furnished the supplies, and given them certificates, bearing interest, viz: | ||||
The late quartermaster has returned debts settled | 20,758,850 | |||
Unsettled, (exchanging those contracted in North Carolina, South Carolina and Georgia) estimated at | 87,148,870 |