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2As to debts, he disappointed those who looked for their cancellation, which was often agitated, but finally decreed that the debtors should satisfy their creditors according to a valuation of their possessions at the price which they had paid for them before the civil war, deducting from the principal whatever interest had been paid in cash or pledged through bankers; an arrangement which wiped out about a fourth part of their indebtedness.
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