406 F. G. Young A statistical abstract of the administration of this bounty bond issue is given herewith : SOLDERS' BOUNTY BONDS Authorized October 24, 1864 Date of Treasurers' Report Total Amount of Bonds Issued to Date Amount of Bonds Outstanding at the Beginning of Period Debt Reduction During Period Outlay in Payments of Principal Interest Payments Payment for Adver- oSf Total Payments on Debt During Period 18661 1868 1870 1872 1874 1876 1878 1880 1882 1884 1886 131,100 137,650 137,700 137,700 137,700 137,700 137,700 137,700 137,700 137,700 137,700 4,606.752 17,134.20 9.740.50 7,463.75 6,644.75 3,824.259 3,578.7510 4,110.7511 3,542.75 4,940.50 1,386.00 4,606.75 60,769.20 48,533.02 9,256.75 25,146.85 3,824.25 3,678.75 4,810.75 3,542.75 22,140.50 9,236.00 137,650 88,100 48,400 46,800 26,5008 26,500 26,400 25,85012 25,850 7,950 49,6003 39,700 1,600 18,300 43,635.00 4 38,712.52 5 1,593.50 6 18,300.00 7 80,00 199.50 202 .10 100 700 100 00 700 00 18,200 7,850 18,200.0013 7,850.0014 Soldiers' Bounty Bonds Notes. (j) The amount of Bounty Bonds authorized to be issued was $200,000. "Up to August 15, 1866, $131,000 of such bonds have been prepared and placed in the hands of the State Treasurer for payment to the soldier or his authorized agent. fo meet the entire obligation will require an issue of $4,000 more." — Report of Secretary of State, 1866, pp. 4-5. (2) Estimated amount of coupons outstanding and due, $4,591.00. — State Treasurer's Report, 1866, p. 35. (3) Treasurer's Report, 1868, p. 35. (4) Secretary of State's Report, 1868, p. 16. The Secretary states that the "bonds redeemed" amounted to $43,635.00. He confused the sum paid out in buying up bonds at varying rates of discount with the amount of the par value of the bonds redeemed. (5) Treasurer's Report, 1870, pp. 24, 28, and 33-35. The list' of the sixty bonds issued, but not delivered, is given on page 35. Twenty-six of the sixty are designated as "deserters." (6) Treasurer's Report, 1872, pp. 130-1, 138. Thirteen additional bonds had been delivered since the preceding reports. Cash on hand applicable to interest and redemption, $69,095.48. (7) Treasurer's Report, 1874, pp. 102-108. Seven additional bonds had been delivered. Cash on hand in fund available for interest payments and redemption of bonds was $21,613.97. (8 and 9) Treasurer's Report, 1876, pp. 116, 121. The forty bonds filled out, but not delivered, are not in this report, nor in the subsequent reports, included as "state indebtedness." (70) Treasurer's Report, 1878, pp. 149-150, 174. (11) Treasurer's Report, 1880, pp. viii, 82. The itemized statement of dis- bursements from the "Soldiers' Bounty Fund" includes items of bond redemption amounting to 14 bonds. The list of "Liabilties" of the state gives the sum of bounty bonds outstanding as $25,850. There is thus a discrepancy of $150. The delivery of three additional bonds would be a natural surmise, but the list of un- delivered bonds later given does not admit of this surmise. (12) State Treasurer's Report, 1882, p. 85. (13) State Treasurer's Report, 1885, pp. 10 and 103. The itemized statement of disbursements from the "Soldiers' Bounty Fund" includes items of bond redemption amounting to 364 bonds. The "List of Liabilities of the State of Oregon" gives the sum of bounty bonds outstanding as $7,950. This again could be harmonized with the statements of the two precedng reports only on the basis of the delivery of six additional bonds. The State Treasurer, however, forestalls
