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The Cost of Public Debt Interest

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International Tract and Missionary Society · Oakland, California · May 29, 1884

FromSigns of the Times, Vol. 10, No. 21.

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The Cost of Public Debt Interest

In the last twenty years the Government has paid for interest on the public debt, the enormous sum of $2,089,000,000, a sum which would defray all the expenses of the Government, except interest on the public debt, for nearly nine years to come, at the present rate of expenditure; and for nearly thirty-five years if expenses could be limited to what they were in 1860.—Chicago Times.