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Report on the state of the finances 1840 to 1841
Secretary of the Treasury outlines receipts and expenditures for 1840, notes available balance of 3 663 083 60, and details customs lands bonds and treasury notes. Warns of rising debt, calls for revenue increases and spending cuts, recommends a temporary 20 percent ad valorem tariff and a longer loan strategy to fund deficits. Also includes international news brief and currency observations.
MENTIONED IN THIS ARTICLE
Secretary OF the Treasury
Books of the Register of the Treasury
Treasury
Bank of the
U.S
Register of the ‘Treasury
Aniten
Bank of the United States
William Armstrong
Fort Gibson
Congress
Rane Ie
United States
Bank