+-----+---------------------+-------------+-------------------+ | | Length of Session. | Total |Average Expenditure| | | |Expenditure. | per month. | +-----+---------------------+-------------+-------------------+ | | Dec. 4 to Dec. 15. | | | |1865 | Jan. 15 to March 13.| | | | and | Nov. 1 to Dec. 14. | $121,759.75 | $33,207.18 | |1866.| ------------------- | | | | | 3-2/3 months.| | | +-----+---------------------+-------------+-------------------+ |1867.| No session. | | | +-----+---------------------+-------------+-------------------+ |1868 | July 4 to Oct. 6. | | | | and | Jan. 13 to March 18.| $446,055.00 | $84,161.33 | |1869.| ------------------- | | | | | 5-3/10 months.| | | +-----+---------------------+-------------+-------------------+ | | Jan. 10 to Feb. 17. | | | | | Apr. 18 to May 4. | | | |1870.| July 6 to Oct. 25. | $526,891.00 | $95,798.32 | | | ------------------- | | | | | 5-1/2 months. | | | +-----+---------------------+-------------+-------------------+ The state debt created by the reconstruction government was of two kinds; direct and contingent. When the reconstruction government went into operation the state debt was $6,544,500.[341] The reconstruction government incurred a bonded debt of $4,880,000.[342] This includes bonds to the amount of $1,880,000 which were issued to a railroad in exchange for its bonds to a greater amount and bearing interest at the same rate. This amount, therefore, was not a burden on the state, provided the railroad remained solvent; though in form a direct, it was virtually a contingent liability. Further, $300,000 of the money borrowed was used to pay the principal of the old debt. Deducting these two sums, we find that the burden of direct debt was increased by $2,700,000.