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Domestic News
July 19, 1783
The New Hampshire Gazette And General Advertiser
Portsmouth, Exeter, Rockingham County, New Hampshire
What is this article about?
A writer in the Boston Gazette computes that 362 million acres of unlocated land in the United States, sold at six pence two farthings sterling per acre, would cover the national debt of nine million five hundred thousand pounds sterling, a unique national advantage.
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OCR Quality
95%
Excellent
Full Text
SALEM, July 17.
By a computation which has been made, (says a writer in the last Boston Gazette) there are in the dominions of the United States, three hundred and sixty two millions of acres of unlocated land; which, at six pence two farthings sterling per acre, will pay our national debt; allowing the debt to be nine millions five hundred thousand pounds sterling. This incalculable and vast advantage Providence hath given to our nation -- such a privilege as no other nation in the world enjoys. By the improvement of this one advantage in time, the whole national debt may be paid.
By a computation which has been made, (says a writer in the last Boston Gazette) there are in the dominions of the United States, three hundred and sixty two millions of acres of unlocated land; which, at six pence two farthings sterling per acre, will pay our national debt; allowing the debt to be nine millions five hundred thousand pounds sterling. This incalculable and vast advantage Providence hath given to our nation -- such a privilege as no other nation in the world enjoys. By the improvement of this one advantage in time, the whole national debt may be paid.
What sub-type of article is it?
Economic
What keywords are associated?
National Debt
Unlocated Land
United States
Land Value
Debt Payment
Where did it happen?
Salem
Domestic News Details
Primary Location
Salem
Event Date
July 17.
Event Details
Computation by a writer in the last Boston Gazette estimates three hundred and sixty two millions of acres of unlocated land in the dominions of the United States, valued at six pence two farthings sterling per acre, sufficient to pay the national debt of nine millions five hundred thousand pounds sterling.