An Attempt to Demonstrate the Practicability of Emancipating the Slaves of the U
An Attempt to Demonstrate the Practicability of Emancipating the Slaves of the U
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In our eReader you can find the full English version of the book. Read An Attempt to Demonstrate the Practicability of Emancipating the Slaves of the U Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book An Attempt to Demonstrate the Practicability of Emancipating the Slaves of the U
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To quickly assess the difficulty of the text, read a short excerpt:
Some one or more states may, therefore, be candidates for the loans, and a very consider- able part of the amount to be thus disposed of, may be required to satisfy the demand from that quarter. If, then, to the sums thus annually loaned, the interest which may have accrued on preceding loans be added, a fur- ther and very considerable advantage will be derived from the process, by its producing the 48 effect of compound interest. To illustrate the magnitude of the benefit thus produced, it is ...only necessary to state, that the preceding sur- plus of 3(2, 772, 787 50, invested annually, at a compound interest of 5 per cent. , would amount in 6 T V years to $20, 114, 263^7- ; and the 2, 863, 260-^;* at a compound interest of 4£ per cent. , would amount in 6^ years to #20, 209, 269, W» a saving of time, in the first case, of nearly a year, and in the last of ten months.
If the writer has made out his case — if it be practicable for the United States, by adopting his plan, to relieve themselves of their slave population ; how much more practicable it must be for those countries which may conveniently liberate their slaves on the soils they now cul- tivate.
What to read after An Attempt to Demonstrate the Practicability of Emancipating the Slaves of the U?
You can find similar books in the "Read Also" column, or choose other free books by James Kirke Paulding to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Some one or more states may, therefore, be candidates for the loans, and a very consider- able part of the amount to be thus disposed of, may be required to satisfy the demand from that quarter. If, then, to the sums thus annually loaned, the interest which may have accrued on preceding loans be added, a fur- ther and very considerable advantage will be derived from the process, by its producing the 48 effect of compound interest. To illustrate the magnitude of the benefit thus produced, it is ...only necessary to state, that the preceding sur- plus of 3(2, 772, 787 50, invested annually, at a compound interest of 5 per cent. , would amount in 6 T V years to $20, 114, 263^7- ; and the 2, 863, 260-^;* at a compound interest of 4£ per cent. , would amount in 6^ years to #20, 209, 269, W» a saving of time, in the first case, of nearly a year, and in the last of ten months.
If the writer has made out his case — if it be practicable for the United States, by adopting his plan, to relieve themselves of their slave population ; how much more practicable it must be for those countries which may conveniently liberate their slaves on the soils they now cul- tivate.
What to read after An Attempt to Demonstrate the Practicability of Emancipating the Slaves of the U?
You can find similar books in the "Read Also" column, or choose other free books by James Kirke Paulding to read onlineMoreLess
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