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Documents of the General Assembly of Indiana, Vol. 1 - Softcover

At The Thirty-Third Session, Commencing December 4, 1848

 
9781332076765: Documents of the General Assembly of Indiana, Vol. 1

Synopsis

This book provides a detailed account of the complexities surrounding the payment of the Indiana state debt incurred between 1836 and 1841. The author delves into the political and financial challenges faced by the state during this period, exploring the reasons behind the accumulation of debt and the subsequent struggle to repay it. The book examines the various measures implemented by the state to address the debt crisis, including negotiations with bondholders, the issuance of new bonds, and the establishment of a sinking fund. Through extensive research and analysis of primary sources, the author offers a comprehensive understanding of the financial difficulties experienced by Indiana during this era and the complex interplay of economic, political, and social factors that shaped the state's response to the crisis.

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