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Indiana Debt Outlook from Canal and Bank Profits
Indiana's public debt is described, detailing Wabash and Erie Canal costs, land sale proceeds, and bank stock profits. The report estimates total state debt around eight million dollars with further gains from land, bank profits, and planned public works. It notes misreporting on England bonds and cites L H Scott and Merrill as signatories.
MENTIONED IN THIS ARTICLE
Indiana
New York City
Wabash and Erie Canal
Ohio State Line
Lafayette
U. States
J. L. Williams
Terre Haute
United States
McAdamuzed
the Express
England
L. H. Scott
Fund
Merrill, Pres
State Bank
Great Western
New York
Lingland
Saxe, Coburg Saalfield
Illinois
London
Rawlings
Oakley
Manchester
Ind
Rochester
Marshall
Plymouth
Wabash
Hyacinth Lasselle
Simnall
State Bank of
Sinois
State Bank of Indiana
Commercial Bank
Cincinnati
Josep C. Taylor
David Baggs