Length of
loan.

When redeem- Rate of inable. terest.

Price
at which
sold.

Amount
authorized.

Amount issued.

TABLE A.-STATEMENT OF THE OUTSTANDING PRINCIPAL OF THE PUBLIC DEBT, ETC.-Continued.

Amount out-
standing.

ninety million five hundred and sixty-nine thousand dollars (which
sum together with the eighty-four million six hundred and thirty-
one thousand nine hundred [and eighty] dollars already borrowed
upon issues of two per cent bonds under section eight of the act of
June twenty-eighth, nineteen hundred and two, equals the estimate
of the Isthmian Canal Commission to cover the entire cost of the
canal from its inception to its completion), and to prepare and issue
therefor coupon or registered bonds of the United States in such
form as he may prescribe, and in denominations of one hundred
dollars, five hundred dollars, and one thousand dollars, payable fifty
years from the date of issue, and bearing interest payable quarterly
in gold coin at a rate not exceeding three per centum per annum;
and the bonds herein authorized shall be exempt from all taxes or
duties of the United States, as well as from taxation in any form
by or under State, municipal, or local authority: Provided, That said
bonds may be disposed of by the Secretary of the Treasury at not
less than par, under such regulations as he may prescribe, giving to
all citizens of the United States an equal opportunity to subscribe
therefor, but no commissions shall be allowed or paid thereon; and
a sum not exceeding one-tenth of one per centum of the amount of
the bonds herein authorized is hereby appropriated, out of any
money in the Treasury not otherwise appropriated, to pay the ex-
penses of preparing, advertising, and issuing the same; and the
authority contained in section eight of the act of June twenty-
eighth, nineteen hundred and two, for the issue of bonds bearing
interest at two per centum per annum, is hereby repealed.

NATIONAL-BANK NOTES (REDEMPTION ACCOUNT).
The act of July 14, 1890 (26 Stat., 289), provides that balances stand-
ing with the Treasurer of the United States to the respective credits
of national banks for deposits made to redeem the circulating notes
of such banks, and all deposits thereafter received for like purpose,
shall be covered into the Treasury as a miscellaneous receipt, and
the Treasurer of the United States shall redeem from the general
cash in the Treasury the circulating notes of said banks which may
come into his possession subject to redemption, *** and the
balance remaining of the deposits so covered shall, at the close of
each month, be reported on the monthly public debt statement as
debt of the United States bearing no interest.

TABLE B.-STATEMENT OF THE OUTSTANDING PRINCIPAL OF THE PUBLIC DEBT OF THE UNITED STATES ON THE 1ST OF JULY OF EACH

YEAR FROM 1856 TO 1910, INCLUSIVE.

$31,762, 761.77
28, 460, 958.93
44, 700, 838. 11
58,290, 738. 11
64, 640, 838. 11
90,380,873.95
365,304, 826.92
707, 531, 634. 47
1,359,930, 763.50
2,221,311, 918. 29
2,381, 530,294.96
2,332, 331, 207.60
2,248,067, 387.66
2,202, 088, 727.69
2, 162, 060, 522.39
2,046, 455, 722.39
1,934, 696, 750.00
1,814, 794, 100.00
1,710, 483, 950.00
1,738,930, 750.00
1,722, 676, 300.00
1,710, 685, 450.00
1,711, 888,500.00
1,794, 735, 650.00
1,797, 643, 700.00
1,723, 993, 100.00
1,639,567, 750.00
1,463, 810, 400.00
1,338, 229, 150.00
1,226, 563, 850.00
1, 196, 150, 950.00
1, 146, 014, 100.00
1,021, 692, 350.00
950, 522,500.00
829,853, 990.00
725, 313, 110.00
610,529, 120.00
585,029, 330.00
585,037, 100.00

a Containing legal-tender notes, gold and silver certificates, etc.

$209, 776. 13
238,872.92
211, 042.92
206,099.77
201, 449. 77
199,999.77
280, 195. 21
473,048. 16
416, 335.86
1,245, 771.20
1,503,020.09

935, 092.05
1,840, 615. 01
1, 197, 340. 89
5, 260, 181.00
3,708, 641.00
1,948, 902. 26
7,926, 797.26
51,929, 710.26
3,216,590.26
11, 425, 820. 26
3,902, 420. 26
16,648, 860.26
5,594, 560.26
37, 015, 630. 26
7, 621, 455.26
6,723,865.26
16, 260, 805. 26
7,831, 415.26
19,656, 205.26
4, 100, 995. 26
9,704, 445. 26
6, 115, 165.26
2,496,095.26
1,911, 485.26
1,815, 805. 26
1,614,705. 26
2,785, 875.26
2,094,060.26

$158,591, 390.00
411,767, 456.00
455,437, 271.21
458,090, 180.25
461, 616, 311.51
439,969, 874.04
428, 218, 101. 20
408, 401, 782.61
421, 131, 510.55
430, 508, 064. 42
416, 565, 680. 06
430, 530, 431.52
472,069, 332.94
509, 543, 128. 17
498, 182, 411. 69
465, 807, 196. 89
476, 764, 031.84
455,875, 682.27
410, 835, 741.78
388, 800, 815.37
422, 721, 954. 32
438, 241, 788.77
538, 111, 162. 81
584,308, 868.31
663,712, 927.88
619, 344, 468. 52
629,795, 077.37
739, 840, 389. 32
787, 287, 446.97
825, 011, 289.47
933, 852,766.35
1,000, 648, 939.37
958, 854, 525.87

$31,972, 537.90
28, 699, 831.85
44,911, 881.03
58,496, 837.88
64,842, 287.88
90,580, 873.72
524, 176, 412. 13
1, 119, 772, 138.63
1,815, 784, 370.57
2,680, 647, 869.74
2,844, 649, 626.56
2,773, 236, 173.69
2,678, 126, 103.87
2,611, 687, 851. 19
2,588, 452, 213.94
2,480, 672, 427.81
2, 353, 211, 332.32
2,253,251, 328.78
2,234, 482, 993. 20
2,251,690, 468.43
2,232, 284, 531.95
2, 180, 395, 067. 15
2,205, 301, 392. 10
2,256, 205, 892.53
2,245, 495, 072.04
2, 120, 415, 370.63
2,069, 013, 569.58
1,918, 312, 994. 03
1,884, 171, 728.07
1,830, 528, 923.57

1,863, 964, 873. 14

1,775, 063, 013. 78

1,657, 602, 592.63

1,692, 858, 984. 58
1,619, 052, 922.23
1,552, 140, 204.73
1,545,996, 591.61
1,588, 464, 144.63
1, 545, 985, 686. 13

$21, 006, 584.89
18,701, 210.09
7,011,689.31
5,091, 603. 69
4,877,885.87
2,862, 212.92
18,863, 659.96

8,421, 401. 22
106,332, 093. 53

5,832, 012. 98
88,218, 055. 13
137,200, 009.85
169,974, 892. 18
130,834, 437.96
155,680, 340. 85
149, 502, 471. 60
106, 217, 263.65
103, 470, 798. 43
129,020,932.45
147, 541, 314.74
142, 243, 361.82
119, 469, 726. 70
186,025, 960. 73
256,823, 612. 08
249,080, 167.01
201, 088, 622.88
249, 363, 415. 35
243,289,519.78
345, 389, 902. 92
391, 985, 928. 18
488, 612, 429. 23
492, 917, 173.34
482, 433, 917.21
629,854, 089.85
643, 113, 172. 01
661, 355, 834. 20
694,083, 839.83
746,937, 681.03
707, 016, 210.38

$10,965, 953. 01
9,998,621.76
37, 900, 191.72
53, 405, 234. 19
59, 964, 402.01
87,718, 660.80
505, 312, 752. 17
1, 111, 350, 737.41
1,709, 452, 277.04
2,674, 815, 856.76
2,756, 431,571.43
2,636, 036, 163.84
2, 508, 151, 211.69
2, 480, 853, 413. 23
2,432, 771, 873.09
2, 331, 169, 956. 21
2,246, 994, 068. 67
2, 149, 780, 530. 35
2, 105, 462, 060.75
2, 104, 149, 153.69
2,090, 041, 170. 13
2,060, 925, 340.45
2,019, 275, 431.37
1,999, 382, 280.45
1,996, 414, 905. 03
1,919,326, 747.75
1,819, 650, 154.23
1,675, 023, 474.25
1,538, 781, 825. 15
1,438, 542, 995. 39
1,375, 352, 443.91
1,282, 145, 840. 44
1, 175, 168, 675.42
1,063, 004, 894. 73
975,939,750.22
890, 784, 370.53
851, 912, 751. 78
841, 526, 463. 60

838, 969, 475.75

Including gold reserve and coin set apart for redemption of certificates and treasury notes and exclusive of national bank 5 per cent fund, outstanding warrants and checks, and disbursing officers' balances.

TABLE C.-ANALYSIS OF THE PRINCIPAL OF THE INTEREST-BEARING PUBLIC DEBT OF THE UNITED STATES FROM JULY 1, 1856, TO JULY 1, 1910.

93