2073. DEBT (United States), Reduction of.—[continued].
The amount of debt paid
for the year ending September 30, 1803, is
about three millions one hundred thousand
dollars, exclusive of interest, and making,
with the payment of the preceding year, a discharge
of more than eight millions and a half
of dollars of the principal of that debt, besides
the accruing interest; and there remain
in the treasury nearly six millions of
dollars. [124]
—
Third Annual Message. Washington ed. viii, 26.
Ford ed., viii, 271.
(Oct. 1803)