Press enter after choosing selection

Figures To Remember

Figures To Remember image
Parent Issue
Day
27
Month
February
Year
1874
Copyright
Public Domain
OCR Text

In tho Marcb number of Scribner's Montlily there is an exhaustivo artiole upon the Credit Mobilier, detailing the rise, progresa, and declino of that " Ring,' with a list of the famous politicians snorificed upon its altars. We give the following extract for tho benefit of lovers oi " Btatistics :" Arithmcticians, wlio love the truths that figures always teil, muy now seo wlmt it cost the naticm to build tho Union Pacific Iload, aud what it cost the stockholders of the Credit Mobilier : WHAT IT COST THE XATION. Hoxie contract f 12,974,416 24 Boomer " 1,104,000 00 Ames " 07,140,102 94 Davis ' 23,341,768 10 Total $94,650,287 28 WHAT IT COST THE CREDIT MOBILIEE. Hoxie contract $ 7,806,183 33 Boomer " 0,000,000 00 Ames 27,285,141 99 Davis " 15,629,633 62 Total $0,720,958 94 Profit .$43,929,328 34 These figures, however, estímate stock and boncis at par. Taking for au instant the figures of tho trustees as correct, - incorrect as wc kuow them to be, - we find the cash value of this profit to have been asfollows : From sale of bonds 12,276,150 00 " " stock 8J44,1Ö9 XI Divided in casli 2,346,000 00 Total 523,366.319 81 The Common Council of Springfield, Ohio, havo prohibited the bands of praying wonien from obstructing the sidewalks.

Article

Subjects
Old News
Michigan Argus