Table 17. Public Debt
Description
This section is from the book "A Financial History Of Texas", by Edmund Thornton Miller. Also available from Amazon: A Financial History Of Texas.
Table 17. Public Debt
Year | 3% | 4% | 5% | 6% | 7% | 8% | 10% | Floating Debt | Total |
1840............. | ............. | ............. | ............. | ............. | ............. | ...... | ............. | ............ | $ 9,949,007.05 |
1849............. | ............. | ............. | ............. | ............. | ............. | ............ | ........ | ............ | 11,055,694.71 |
1850............. | ............. | ............. | $ 36,000 | ............. | ............. | ......... | ........ | ............ | ............ |
1851............. | ............. | ............. | ............. | ............. | ............. | .......... | ....... | ............ | 12,436,991.34 |
1861............. | ............. | ............. | ............. | ............. | ............. | ........... | ...... | ............ | 817,827.00 |
1862............. | ............. | ............. | ............. | ............. | ............. | $ 656,000 | ............ | $ 2,523,875.12 | 3,179,875.12 |
1863............. | ............. | ............. | ............. | ............. | ............. | 891,000 | ............ | 2,249,619.80 | 3,340,619.80 |
1865............. | ............. | ............. | ............. | ............. | $ 211,130 | 915,000 | ............ | 6,984,701.75 | 8,110,832.58 |
1867............. | ............. | ............. | 216,641 | $ 445,467 | ............. | ............ | ............ | 34,345.75 | 606,453.96 |
1870............. | ............. | ............. | ............. | ............. | ............. | ........... | ............ | ............ | 801,308.62 |
1872............. | ............. | ............. | 216,641 | 489,967 | 350,000 | ......... | $ 257,000 | 945,277.40 | 2,258,885.61 |
1873............. | ............. | ............. | 216,641 | 517,467 | 350,000 | ........ | 257 000 | 1,054,184.57 | 2.395 192 78 |
1874............. | ............. | ............. | 216,641 | 520,367 | 947,000 | .......... | 346,800 | 1,585,126.72 | 3,615,934.93 |
1875............. | ............. | ............. | 216,641 | 520,367 | 2,197,000 | ........... | 1,710,588 | 624,626.77 | 5,269,222.98 |
1876............. | ............. | ............. | 216,641 | 1,395,367 | 2,197,000 | ............ | 1,603,374 | 345,-000.36 | 5,757,382.57 |
1878............. | ............. | ............. | 216,641 | 2,045,867 | 2,192,000 | ............ | 1,116,609 | 62,974.46 | 5,634,091.67 |
1879............. | ............. | ............. | 216,641 | 2,042,367 | 2,192,000 | ............ | 1,115,867 | 10,300.41 | 5,577,175.62 |
1880............. | ............. | $ 4,620 | 1,333,941 | 2,042,367 | 2,186,000 | ............ | ............ | 10,300.41 | 5,577,228.62 |
1881............. | ............. | 4,620 | 1,333,041 | 2,042,367 | 2,153,000 | ............ | ............ | 10,300.41 | 5,544,228.62 |
1882............. | ............. | 2,730 | 1,285,541 | 2,034,367 | 1,254,000 | ............ | ............ | 10,300.41 | 4,586,938.62 |
1883............. | ............. | 2,630 | 1,151,068 | 1,712,200 | 1,254,000 | ............ | ............ | ............ | 4,119,898.82 |
1884............. | ............. | 2,630 | 1,151,068 | 1,712,200 | 1,254,000 | ........................ | ............ | ............ | 4,119,898.82 |
1885............. | ............. | 2,630 | 1,068,900 | 1,912,200 | 1,254,000 | ............ | ............ | ............ | 4,237,730.00 |
1891............. | ............. | 2,630 | 1,269,900 | 1,912,200 | 1,053,000 | ............ | ............ | ............ | 4,237,730.00 |
1892............. | ............. | 2,630 | 1,260,900 | 1,873,000 | 849,000 | ............ | ............ | ............ | 3,994,730.00 |
1893............. | ............. | 2,630 | 1,269,900 | 1,872,500 | 847,000 | ............ | ............ | ............ | 3,992,030.00 |
1894............. | ............. | 337,130 | 1,421,900 | 1,647,000 | 586,000 | ............ | ............ | 413,869.24 | 4,405,899.24 |
1895............. | ............. | 337,130 | 1,421,900 | 1,647,000 | 586,000 | ............ | ............ | 693,594.53 | 4,685,624.53 |
1896............. | ............. | 337,130 | 1,421,900 | 1,647,000 | 586,000 | ............ | ............ | ............ | 3,992,030.00 |
1899............. | ............. | 334,545 | 1,421,900 | 1,647,000 | 586,000 | ............ | ............ | ............ | 3,989,445.00 |
1900............. | ............. | 334,500 | 1,421,900 | 1,647,000 | 586,000 | ............ | ............ | ............ | 3,989,400.00 |
1904............. | $ 288,000 | 334,500 | 1,421,900 | 1,647,000 | 298,000 | ............ | ............ | 180,793.82 | 4,170,193.82 |
1905............. | 288,000 | 334,500 | 1,421,900 | 1,647,000 | 298,000 | ............ | ............ | 663,191.90 | 4,652,591.90 |
1906............. | 1,935,000 | 334,500 | 1,421,900 | ............. | 298,000 | ............ | ............ | ............ | 3,989,400.00 |
1910............. | 1,035,000 | 334,500 | 1,410,000 | ............. | 298,000 | ............ | ............ | ............ | 3,977,500.00 |
1911............. | 3,288,700 | 334,500 | 353,000 | ............. | ............. | ............ | ............ | ............ | 3,976,200.00 |
1913............. | 3,288,700 | 334,500 | 353,000 | ............. | ............. | ............ | ............ | 242,529.00 | 4,218,729.00 |
1914............. | 3,288,700 | 334,500 | 353,000 | ............. | ............. | ............ | ............ | ............ | 3,976,200.00 |
1915............. | 3,288,700 | 334,500 | 353,000 | ............. | ............. | ........................ | ............ | ............ | 3,976,200.00 |
Explanatory Notes, Table 17
The amount of the debt in 1846 is that reported by the comptroller to the legislature, March 28, 1846.
The amounts in 1849 and 1851 are those contained in the reports of the auditor and comptroller in those years.
The debt given for 1861 is the amount of the deficiency reported by Governor Houston, January 19, 1861. That for 1862 is the debt statement on January 1, 1863, as contained in Governor Lubbock's message of February 5, 1863. The amount for 1865 is that reported by Messrs. Pease and Palm to Provisional-Governor Hamilton, October 30, 1865.
The amounts given for the public debt from 1867 to 1883 contain the amounts of the bonds of doubtful validity, including the comptroller's certificate of indebtedness held by the university fund, but they do not contain the accrued interest on the debt of doubtful validity. The latter interest, cannot be followed in its accrual.
The statement for 1879 is for the date January 21, 1879, and that for 1881 is for January 1, 1881.
The floating debt in 1894, 1895, 1904, 1905. and 1913 is simply the amount of the excess of warrants drawn over warrants paid. There are other years in which there was a similar excess, but in these other years there were sufficient funds in the treasury to take up the excess. There were deficiencies also during fiscal years which were removed before the end of the year.
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