Financial History Of The United States

This financial statement represents the gross total public expenditure and total yearly public debt, gathered from the

U. S. Treasurer's report, made July I of each year.

Yr.

President.

Vice-President.

Public Expenditures.

Public Debt.

1789

G. Washington.

John Adams...........*F

...............

1790

G. Washington.

John Adams........... F

...............

1791

G. Washington.

John Adams....F

. $3,797,436 78

. $75,463,476 52

1792

G. Washington.

John Adams....F

.. .8,962,920 00

. .77,227,924 66

1793

G. Washington.

John Adams....F

..6,479,977 97

. .80,352,634 04

1794

G. Washington.

John Adams....F

___9,041,593 17

. .78,427,404 77

1795

G. Washington.

John Adams....F

. 10,151,240 15

..80,747,587 39

1796

G. Washington.

John Adams....F

..8,367,776 84

..83,762,172 07

1797

John Adams.....

Thomas Jefferson... .F

.. .8,625,877 37

. .82,064,479 33

1798

John Adams.....

Thomas Jefferson. ..F

..8,583,618 41

..79,228,529 12

1799

John Adams.....

Thomas Jefferson. ..F

. 11,002,396 97

..78,408,669 77

1800

John Adams.....

Thomas Jefferson.. .F

. 11,952,534 12

..82,976,294 35

1801

Thos. Jefferson...

Aaron Burr.....R

. 12,273,376 94

..83,638,050 80

1802

Thos. Jefferson...

Aaron Burr.....R

. 13,270,487 31

..80,712,632 25

1803

Thos. Jefferson...

Aaron Burr.............R

. 11,258,983 67

..77,054,686 30

1804

Thos. Jefferson...

Aaron Burr.............R

. 12.615,113 72

..86,427,120 88

1805

Thos. Jefferson....

George Clinton .....R

. 13,598,309 47

..82,312,150 50

1806

Thos. Jefferson...

George Clinton .....R

. 15,021,196 26

..75,723,270 66

1807

Thos. Jefferson...

George Clinton .....R

. 11,292,292 99

. .69,218,398 64

1808

Thos. Jefferson...

George Clinton . ....R

. 16,762,702 04

.. 65,196,317 97

1809

Jas. Madison....

George Clinton...R

. 13,867,226 30

..57,023,192 09

1810

Jas. Madison...

George Clinton .....R

. 13,309,994 49

..53,173,217 52

1811

Jas. Madison..

George Clinton .....R

. 13,592,604 86

..48,005,587 76

1812

Jas. Madison...

George Clinton .....R

. 22,279,122 15

. .45,209,737 90

1813

Jas. Madison...

Elbridge Gerry...R

. 39,190,520 36

. .55,962,827 57

1814

Jas. Madison....

Elbridge Gerry...R

. 38,028,230 32

..81,487,846 24

1815

Jas. Madison...

John Gaillard...R

. 39,582,493 35

..99,833,660 15

1816

Jas. Madison...

John Gaillard...R

. 48,244,495 51

.127,334,933 74

1817

James Monroe...

D. D. Tompkins...R

. 40,877,646 04

.123,491,965 16

1818

James Monroe...

D. D. Tompkins... ....R

. 35,104,875 40

.103,466,633 83

1819

James Monroe..

D. D. Tompkins...R

. 24,004,199 73

..95,529,648 25

1820

James Monroe...

D. D.Tompkins...R

. 21,763,024 85

..91,015,586 18

1821

James Monroe..

D. D. Tompkins...R

. 19,090,572 69

..89,987,427 66

1822

James Monroe..

D. D. Tompkins...R

. 17,676,592 63

..93,546,676 98

1823

James Monroe..

D. D. Tompkins...R

. 15,314,17100

..90,875,877 28

1824

James Monroe..

D. D. Tompkins...R

. 31,898,538 47

..90,269,777 77

1825

John Q. Adams.

John C. Calhoun....R

. 23,585,804 72

..83,788,432 71

1826

John Q. Adams.

John C. Calhoun...R

. 24,103,398 46

. .81,054,059 99

1827

John Q. Adams.

John C. Calhoun. ..R

. 22,656,764 04

..73,987,357 20

1828

John Q. Adams.

John C. Calhoun...R

. 25,450,479 52

. .67,475,043 87

1829

A. Jackson...

John C. Calhoun..D

. 25,044,358 40

..58,421,413 67

1830

A. Jackson...

John 0. Calhoun.. D

. 24,585,281 55

..48,565,406 50

1831

A. Jackson...

John C. Calhoun..D

. 30,038,446 12

..39,123,19168

1832

A. Jackson...

John C. Calhoun..D

. 34,356,698 06

..24,332,235 18

1833

A. Jackson...

Martin Van Buren.D

. 24,257,298 49

..7,301,698 83

1834

A. Jackson..........

Martin Van Buren.D

. 24,601,982 44

.. .4,760,082 08

1835

A. Jackson...

Martin Van Buren.D

. 17,573,141 56

....37,51305

1836

A. Jackson..........

Martin Van Buren..D

.30,868,164 04

...336,957 83

1837

M. Van Buren ..

R. M. Johnson. ..D

. 37,265,037 15

..3,408,124 07

1838

M. Van Buren ..

R. M. Johnson. ..D

. 39,455,438 35

..10,434,221 14

1839

M. Van Buren ..

R. M. Johnson. ..D

. 37,614,936 15

..3,573,343 82

1840

M. Van Buren ..

R. M. Johnson. ..D

. 28,226,533 81

..5,250,875 54

1841

W. H. Harrison.

John Tyler‡........W

.31,797,530 03

..13,594,480 73

1842

John Tyler .......

Wm. P. Mangum... W

. 32.936,876 53

..20,601,226 28

1843

John Tyler.......

Wm. P. Mangum... W

. 12,118,105 15

..32,742,922 00

1844

John Tyler.......

Wm. P. Mangum.. W

. 33,642,010 85:

..23,461,652 50

Yr.

President.

Vice-President.

Public Expenditures.

Public Debt.

1845

Jas. K. Polk..........

George M. Dallas......... .D

., 30,490,408 71

. .15,925,303 01

1846

Jas. K. Polk...

George M. Dallas..........D

. 27,632,282 90

.15,550,202 97

1847

Jas. K. Polk...

George M. Dallas......... .D

. 60,520,851 74

.. 38,826,534 77

1848

Jas. K. Polk...

George M. Dallas......... .D

. 60,655,143 19

. .47,044,862 23

1849

Zach. Taylor..........

Millard Fillmore.......... W

56,386,422 74

.63,061,858 69

1850

M. Fillmore .........

Wm. R.King... W

. 44,604,718 26

.. 63,452,773 55

1851

M. Fillmore. ........

D. R. Atchison...W

. 48,476,104 31

.. 68,304,796 02

1852

M.Fillmore ......

D. R. Atchison...W

. 46,712,608 83

.. 66,199,34171

1853

Frank. Pierce.........

Wm. R. King||_____D

. 54,577,061 74

.,.59,803,117 70

1854

Frank. Pierce.........

D. R. Atchison...D

. 75,473,170 75

. .42,242,222 42

1855

Frank. Pierce........

Jesse D. Bright...D

. 66,164,775 96

.. 35,586,558 56

1856

Frank. Pierce.........

Jesse D. Bright..............D

. 72,726,34157

.31,972,537 90

1857

Jas. Buchanan........

J. C. Breckenridge......... D

. 71,274,587 37

. . 28,699,831 85

1858

Jas. Buchanan........

J. C. Breckenridge......... D

. 82,062,186 74

. .44,911,881 03

1859

Jas. Buchanan........

J. C. Breckenridge......... D

. 83,678,642 92

. 58,496,837 88

1860

Jas. Buchanan........

J. C. Breckenridge......... D

. 77,055,125 65

. .64,842,287 88

1861

A. Lincoln ..........

Hannibal Hamlin...........R

. 85,387,313 08

. .90,580,873 72

1862

A. Lincoln ..........

Hannibal Hamlin...........R

. 565,667,563 74

.524,176,412 13

1863

A. Lincoln ..........

Hannibal Hamlin...........R

. 899,815,911 25

1,119,772,138 63

1864

A. Lincoln ..........

Hannibal Hamlin. ..........R

1,295,541,114 86

1,815,784,370 57

1865

A. Lincoln ..........

Andrew Johnson...........R

1,906,433,331 37

2,680,617,869 74

1866

A. Lincoln ..........

Lafayette S. Foster......... R

1,139,344,081 95

2,773,216,173 69

1867

A. Lincoln ..........

Benj. F. Wade...R

1,093,079,655 27

2,678,126,103 87

1868

A. Lincoln ..........

Benj. F. Wade...R

1,069,889,970 74

2,611,687,851 19

1869

U. S. Grant...

Schuyler Colfax........... .R

. 584,777,996 11

2,588,452,213 94

1870

U. S. Grant...

Schuyler Colfax............R

. 702,907,842 88

2,480,672,427 81

1871

U. S. Grant...

Schuyler Colfax........... R

. 691,680,858 90

2,353,211,332 32

1872

U. S.Grant...

Schuyler Colfax............R

. 682,525,270 21

2,253,251,328 78

1873

U. S. Grant.............

Henry Wilson................R

. 524,044,597 91

2,234,432,993 20

1874

U. S. Grant...

Henry Wilson...R

. 724,698,933 99

2,251,630,468 43

1875

U. S. Grant...

Henry Wilson**............R

. 682,000,885 32

2,232,284,531 95

1876

U. S. Grant...

Thos. W. Ferry ............R

. 707,805,070 13

2,180,395,067 15

1877

R. B. Hayes...

Wm. A. Wheeler........... R

. 477,320,017 86

2,205,301,392 10

1878

R. B. Hayes............

Wm. A. Wheeler...........R

. 473,928,653 59

2,256,205,892 53

1879

R. B.Hayes...

Wm. A. Wheeler.......... .R

. 533,895,767 06

2,245,495,072 00

1880

R. B. Hayes...

Wm. A. Wheeler...........R

. 535,285,915 56

2,120,415,370 63

1881

J. A. Garfield.........

C. A. Arthur***....R

. 312,114,688 64

2,089,962,227 33

1882

C.A.Arthur...

David Davis ..............R

. 257,981,439 57

1,918,312,994 03

1883

C.A.Arthur............

Geo. F. Edmunds.......... R

. 265,408,137 54

1,884,171,728 00

1884

C.A.Arthur............

Geo. F. Edmunds...........R

. 245,498,578 00

1,830,528,923 57

1885

G. Cleveland.........

Thos. A. Hendricks*D

260,226,935 11

1,438,542,995 39

1886

G. Cleveland.........

.........................

242,483,138.50

1,389,136.383.00

1887

G. Cleveland.........

..........................

.315,835,428.12

1,225,598,401.99

1888

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1889

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1890

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1891

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1892

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1893

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1894

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1895

...................

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1896

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1897

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1898

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1899

...................

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1900

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* The political complexion of the different Presidential terms is indicated by a single letter opposite each year, defined as follow: F, Federalist; R, Republican; D, Democrat; W, Whig. Owing to changes in political principles, Jefferson's administration, which is marked Republican, at a later date would have been classed under another head.

† Elbridge Gerry died November 13, 1814, and was succeeded by John Gaillard, Vice-President pro tern.

William H. Harrison died April 4, 1841, after being one month in office. John Tyler succeeded to the Presidency, and Willie P. Mangum became Vice-President pro tern.

§ Zachary Taylor died July 9, 1850, being succeeded by Millard Fillmore; William R. King succeeding to the Vice-Presidency the first half of the Presidential term, and David R. Atchison the last half.

* Mr. Hendricks died in office, Nov. 25, 1885.

William R. King died April 17, 1853; David R. Atchison becoming Vice-President pro tew, for the first half of the Presidential term, and Jessee D. Bright for the last half.

Abraham Rincoln was assassinated by J. Wilkes Booth, April 14, 1865. Andrew Johnson succeeded to the Presidency, Lafayette S. Foster to the Vice-Presidency the remainder of the first half of the Presidential term, and Benjamin F. Wade the last half.

** Henry Wilson died November 22, 1875, and was succeeded by Thomas W. Ferry,Vice-President pro tern.

*** James A. Garfield was assassinated by Charles J. Giteau, July 2, 1881. Through his death, Sept. 19, 1881, Chester A. Arthur succeeded to the Presidency and David Davis to the Vice-Presidency. Judge David Davis was succeeded by Geo. F. Edmunds as acting Vice-President. Chester A. Arthur died Nov. 18, 1886.