State Records

Alabama

      The state debt before Republican and carpetbag rule was $8,336,083.  Ultimately, the debt would amount to $25,503,593.

Florida

      During the eight-year Republican and carpetbag rule, the state's property value decreased 45 percent.

Georgia

      In 1860, the state's taxable property was $672,322,777.  By 1870, that number dropped to $226,329,767.  During just one governor's term--Governor Bullock--the state debt increased from $5,827,000 to $12,500,000.

Louisiana

      State debt jumped more than $40,000,000 with little to show for it.  Additionally, city and county property depreciated 40 percent and 50 percent, respectively.

Mississippi

      In payment of excessive taxation, about 6,400,000 acres of land were forfeited to the state and immense amounts of taxes were collected and later wasted.

North Carolina

      The entire Reconstruction debt was over $38,000,000.  In 1860, assessed property was $292,000,000 and taxes were $543,000.  However, in 1870, the assessed property was $130,000,000 and taxes were $1,160,000.

South Carolina

      In 1860, taxable property amounted to $490,000,000 while taxes were $400,000.  In 1870, though, those numbers were $184,000,000 and $2,000,000 a year, respectively.  

All information for this page was taken from "The Carpet-Bagger" at http://www.CivilWarhome.com

This page was created by Joey Coleman

E-mail the author at jcolema1@georgetowncollege.edu

This page was last updated on 04/18/2000

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