INDEBTEDNESS OF THE UNITED STATES, OF THE STATES, ETC. 399 



passed by Congress in September, 1850, to pay 

 $10,000,000 to the State of Texas, if the State 

 should consent that her boundary on the north 

 should commence at a point at which the me- 

 ridian of one hundred degrees west from Green- 



with the channel of said river, to the Gulf of 

 Mexico, and should cede to the United States 

 all her claim to the territory exterior to tbese 

 boundaries, and relinquish all claim on the 

 United States for liability for her debts, and 



wich is intersected by the parallel of 36 30' 

 north latitude, and run thence due west to the 

 meridian of one hundred and three degrees 

 west from Greenwich, then south to the thirty- 

 second degree of north latitude, then on said 

 parallel to the Kio Bravo del Norte, and thence, 



for compensation for the surrender of her 

 ships, forts, custom-houses, public buildings, 

 etc. These terms were accepted, and the 

 "Texas indemnity " stock was issued. 



LEGAL TENDERS. In 1860 the debt of the 

 Government was $64,800,000. The war com- 



