Sunday, October 9, 2011

A Straw

The day on which President Lincoln was inaugurated, March 4, 1861, U. S. six per cent. stocks sold at 92 1-2.  After increasing the public debt, which then stood at $76,455,000 to some $350,000,000, that same stock is now selling in the market at 94.

– Published in The Davenport Daily Gazette, Davenport, Iowa, Saturday Morning, March 29, 1862, p. 2

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