Democratic Sentinel, Volume 3, Number 2, Rensselaer, Jasper County, 21 February 1879 — State Debts. [ARTICLE]

State Debts.

The latest statistics show that the debts of the States of the Union amount in the aggregate to $345,197,000. Massachusetts takes the lead, and is followed in a descending scale by Alabama, Virginia, North Carolina, New York, Tennessee, Pennsylvania and Louisiana, each of which owes more than $20,000,000. West Virginia, Missouri, Georgia and Arkansas owe materially less, although the amount is over $10,000,000 each, while all the other States fall behind the latter figures. Many municipal debts exceed the State debts.