Rensselaer Republican, Volume 24, Number 33, Rensselaer, Jasper County, 14 April 1892 — A Big Fat Debt. [ARTICLE]

A Big Fat Debt.

Some idea of the recklessness that controlled Argentine finances may be had by considering that the na tional, provincial and municipal debt' of the country increased from SIOO. 900,000 in 1830 to $645,500,000 it 1890. Add to these liabilities on the scofe of incontrovertable currency and State guarantees and the granc total rises to $888,560,000. The ap nual interest charged ,on this debt is $46,500,000 —a sum larger than tht whole yavenue of the nation at pres ent.