_Alabama._ In 1819 the State of Alabama began to establish state banks, all of which became insolvent in 1842. To the debt of about $3,500,000 incident to this business, represented by bonds held by innocent holders in London and New York, was added obligations amounting to $21,000,000 incurred in the negro suffrage reconstruction period, elsewhere described. In 1876 the State scaled down the whole debt to $12,574,379, a repudiation, including interest, of about $15,000,000 State debt. _Arkansas._ In 1837 and 1838 Arkansas issued about $3,000,000 of bonds in aid of two state banks. Part of this debt was subsequently repudiated. During the reconstruction period about $8,000,000 of state bonds were issued under legislative authority for railroad and levee construction and all were repudiated in 1880, thus reducing the state debt from $17,000,000 principal and interest to about $5,000,000. _Florida._ In 1833 the Territory of Florida issued $3,000,000 bonds to the Union Bank, and in 1831 and 1835 $900,000 more to other banks. These obligations were definitely repudiated when Florida entered the Union in 1845. Under an Act passed in 1855, the state issued $4,000,000 bonds in aid of railroad construction; and these also have been repudiated, on the claim that the legislature lacked authority to authorize them. _Georgia._ From 1868 to 1871 the State of Georgia issued about $8,000,000 of bonds in aid of railroad construction. In the years 1875, 1876 and 1877 all these bonds were repudiated by state legislation. _Louisiana._ The debt of Louisiana at the outbreak of the Civil War was about $10,000,000. The Civil War debt was ignored. Reconstruction legislation brought up the state debt to about $50,000,000. This was scaled down by legislative enactment to $12,000,000 and the rest repudiated. _Mississippi._ In June 1838 the State of Mississippi issued $5,000,000 of state bonds in payment of five thousand shares of stock in the Union Bank of Mississippi. Four years later these bonds, then held by innocent third parties, were repudiated by the state, although the highest court in Mississippi had declared that they were legally issued. A similar issue of $2,000,000 of state bonds issued to the Planters Bank was repudiated in 1852. The State of Mississippi has never redeemed its honor or paid the bonds. _North Carolina._ In 1879 North Carolina passed a funding bill by which in settlement of a long controversy with its bond-holders it repudiated about $15,000,000 of State indebtedness. Bonds issued before the Civil War were redeemed at fifty cents on the dollar; bonds issued after the war to secure pre-war debts at twenty-five cents; and reconstruction bonds at fifteen cents on the dollar.