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Title: Memoria sobre la deuda esterior de la Nueva Granada, presentada por el Secretario del Hacienda de la Confederacion, al Congreso Nacional de 1861
Creator: Gutíerrez, Ignacio
New Granada (Republic : 1832-1858). Departamento de Hacienda
Publication Info: Bogotá : Imprenta de la Nacion, 1861.
Physical Details: 49 p. ; 27 5/10 x 18 7/10cms.
Physical Condition: Front page and rear one, stained and foxed, interior pages generally good.

Summary: Ignacio Gutíerrez, the Colombian Secretario de Hacienda here provides a detailed account of the nation’s external debt. He analyzes the debt resulting from the secession of Venezuela and Ecuador from Nueva Granada, as well as other contributing factors. Gutiérrez also examines various legislations designed to amortize the debt.
Historical Notes: From 1820 to 1870 Colombia had the highest external debt in Latin America due to the independence war; this was aggravated by the state’s incapacity to promote effective forms of production and commerce. Land expropriated from indigenous communities, the church, and some private owners was sold to the public. Also, the state emitted large quantities of bonds redeemable for land to pay its creditors. Until 1880 there was no limit on the amount of land that people could own and creditors could redeem their bonds anywhere within the national territory where public or expropriated lands were available. Some of these bonds were used to pay war veterans for their service or to provide incentives for entrepreneurs willing to build roads and railroads. Jaramillo, Roberto Luis; Meisel Roca, Adolfo 2010 Mas Allá de la Retórica de la Reacción, Análisis Económico de la Desamortización en Colombia, 1861-1888. In Economía Colombiana del Siglo XIX. A. Meisel Roca and M.T. Ramírez, eds. Pp. 283-327. Bogotá: Banco de la República. Torres Sánchez, Fabio; Fazio Vargas, Antonella; López-Uribe, María del Pilar 2010 Conflictos de Tierras, Derechos de Propiedad y Surgimiento de la Economía Exportadora en Colombia, 1850-1925. In Economía Colombiana del Siglo XIX. A. Meisel Roca and M.T. Ramírez, eds. Pp. 245-280. Bogotá: Banco de la República. LeGrand, Catherine 1986 Frontier Expansion and Peasant Protest in Colombia, 1850-1936. Albuquerque: The University of New Mexico Press.
Donor Notes: A carefully documented study of the origins and state of the amortization of the Nueva Granada foreign debt. - J.L.H.

Subject(s): Debts, External -- Colombia
Fiscal policy -- Colombia
Colombia -- Economic conditions -- 19th century
Gutiérrez Vergara, Ignacio, 1806-1877
Added Entries: Title on cover: Deuda esterior de la Nueva Granada

Type: Pamphlet
Language: Spanish
Format: JPG
PDF - Color
Donor: Helguera, J. León
Collection: Helguera, J. León Collection
Institution: Vanderbilt University
Accession Number: P00967
Record Number: 210
Islandora ID: islandora:9542