Excerpt from The Social Survey, Its History and MethodsThe revenue of the territory and early commonwealth of Missouri seldom met current expenses, there was frequently, as we have seen, a considerable ¿oating debt. Little attention was paid to this, however, and the only legislative acts of the territorial government that might have created a debt were: (1) That of 1813, creating the Bank of St. Louis, in which the territory of Missouri might hold of the of stock, (2) and that of 1817, establishing the Bank of Missouri, in which the territory might in ten years subscribe of the of capital stock.20 It is a remarkable fact, considering the highly speculative spirit of the times, that the territory took no stock in either of these banks - although both were exceptionally well managed for common wealth institutions.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.