Democratic Sentinel, Volume 6, Number 41, Rensselaer, Jasper County, 10 November 1882 — THE NATIONAL DEBT. [ARTICLE]

THE NATIONAL DEBT.

Noticeable Points in the Monthly Statement. A Washington di-patch says: The publicdebt statement for the last month show's that the Government is still able to reduce the debt at the rate of $500,020 per day. The influence of the new law as to gold certificates is observable in the increased number outstanding. There has been an increase in the month in the available cash balance of the treasury, and it is now' a considerable sum in excess of the 40-per-cent. reserve for redemption purposes, which it has been the custom of the treasury to maintain. Following is the October debt statement: Interest-bearing debt— Three and one-half per centss 155,356,350 Four and one-half per cents 250,imm),000 Four per cents 738,520,6 0 Three per cents 2.59,370,590 Refunding certificates 423,75') Naw pension fund 14,000,000 Principal 1,418,<>80,200 Interest 10,040,211 Matured debt — Principal 11,588,9(5 Interest 382,813 Debt bearing no interest— Old demand and legal-tender notes. 346,740,396 Certificates of deposit 9,945,<)00 Gold and silver certificates 99,968,150 Fractional currency 7,026,185 Totals 463,679,731 Unclaimed Pacific railway interest.. 5,339 Total debt — Principal 1,893,348,87) Interest 10,528,365 Cash in treasury 275,386,199 Debt, less cash in treasury— Nov. 1, 1882 1,628,491,042 Oct. 1, 1882 1,614,120,223 Decrease of debt during month 15,629,180 Decrease of debt since June 30,1882.. 60,423,418 Current liabilities— Interest due and unpaid 2,256,<>53 Debt on which interest has ceased... 11,588,945 Interest thereon 482,813 Gold and silver certificates 99,9.18,1-50 United States notes held for redemption of certificates of deposit.... 9,915,000 Cash balance available Nov. 1, 1882.. 151,145,237 Available assets — Cash in treasury 275,380,199 Bonds issued to Pacific Railways— Principal outstanding 64,52',512 Interest accrued and not yet paid... 1,292,170 Interest paid by United States 55,344,682 Interest repaid by companies— By transportation service 15,338,859 By cash payments, 5 per cent, net earnings ... 655,198 Balance of interest paid by United States' 39,350,623 The receipts at the trea ury, says a Washington correspondent, continue so large that the surplus is growing. It was suppo ed that the bond calls, in addition to the heavy drafts on account of appropriations, would reduce it; but the receipts have gained so much more rapidly than the disbursements that the avai able surplus is $10,002,000 arger than it was last month.