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This insightful work of political economy examines the financial position and credit of several American states that had contracted public debts in the 19th century. Alexander Trotter provides a detailed analysis of the economic and political factors that led to these debts, as well as their possible solutions. With clear and concise prose and a wealth of data and analysis, Observations on the Financial Position and Credit is a must-read for anyone interested in American economic history. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.