On Public Debt

Treasury Department,

In obedience to two resolutions of the House of Representatives: one of the 21st instant, directing the Secretary of the Treasury to report a plan for the redemption of so much of the public debt as, by the act entitled “An act making provision for the debt of the United States,” the United States have reserved the right to redeem; the other of the 22d instant, directing him to report the plan of a provision for the reimbursement of a loan, made of the Bank of the United States, pursuant to the eleventh section of the act entitled “An act to incorporate the subscribers to the Bank of the United States,” the said Secretary respectfully submits the following report: Continue reading On Public Debt