Excerpt from Address Made to the City Council of Boston: January 5, 1835
The ammmt of the City Debt cm the first day of this year was 28. The whole of this debt (wim the em caption of a legacy of the town government) he been created since the City was incorporated. The follow ing are the principal and most prominent items that have in past laid the foundation of the debt, though many of the ori ginal loans, contracted for the purposes specified, have been paid ofi' by the substitution of other loans.
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