National Affairs: Money

If the Government of the U.S. were a business proposition, which it has never pretended to be, and if a Certified Public Accountant should come to examine its books, he would find several items marked: "Accounts receivable." By far the largest one, in fact an account receivable larger than any which has ever been known since the Chinese first invented an adding machine, he would find to be in excess of ten billion dollars. As nearly as Secretary Mellon's secretaries can figure, it is $10,556,804,223.40. Accrued interest is almost two billion more, making twelve. This is the amount owed the U.S....

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