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Funders – Encyclopedia Virginia

Funders – Encyclopedia Virginia
encyclopediavirginia.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from encyclopediavirginia.org Daily Mail and Mail on Sunday newspapers.

United States , James Barbour , Harrisonh Riddleberger , Williame Cameron , Frederick Wm Holliday , Johnw Daniel , Senate Of Virginia , Virginia Senate , Democratic Party , General Assembly , Barbour Bill , Funding Act , Readjuster William , Riddleberger Act , Conservative Party ,

Alexander G. Lee (d. by October 10, 1901) – Encyclopedia Virginia

Alexander G. Lee (d. by October 10, 1901) – Encyclopedia Virginia
encyclopediavirginia.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from encyclopediavirginia.org Daily Mail and Mail on Sunday newspapers.

United States , Thimble Shoal , Old Point Comfort , Fort Monroe , Johnh Robinson , Betsy Watts , Robertm Smith , Lydia Ann Butler , Rufuss Jones , Committee On Retrenchment , Readjuster Party , Civil War , Elizabeth City , African American , African Americans , African American Republican , Its Tributaries , Elizabeth City County , Issued After , Funding Act , General Assembly , Barbour Bill , James City , York Counties , African American Republicans ,

Debt Controversy, The Virginia – Encyclopedia Virginia


At issue was whether or how to pay almost $34 million in debt that the Commonwealth of Virginia incurred when it sold bonds between 1822 and 1861 to raise money to subsidize construction of canals, toll roads, and railroads. The state sold most of the bonds during the 1850s for railroad construction and used the money to purchase stock in the corporations that the General Assembly created for constructing what at the time were called internal improvements. Most of the debt was in the form of bonds that paid 6 percent annual interest and matured in thirty-four years. The Virginia debt was by far the largest of any southern state when the Civil War began, and by small margins it was the third largest in the United States, after only Pennsylvania and New York. Per capita or per taxpayer, it was actually two or three times the Pennsylvania or New York debts. At that time, the debt did not appear to present a potential future problem for Virginia. Its creation reflected the overall con ....

West Virginia , United States , New York , Virginia Supreme Court , Commonwealth Of Virginia , Charles Evans Hughes , Oliver Wendell Holmes Jr , Harrisonh Riddleberger , Frederick Wm Holliday , Williame Cameron , William Mahone , William Alexander Anderson , Fredericp Olcott , James Barbour , John Warwick Daniel , Williama Anderson , Johns Barbour , Edwardd White , Johnw Daniel , Hugh Mcculloch , Senate Of Virginia , Us Senate , Virginia Debt Commission , Democratic Party , Virginia Legislature , Readjuster Party ,