When Texas came into the Union, it had a vast amount of largely vacant land and huge amount of debt–nearly $250,000,000 in today’s dollars for a free white population of 125,000, or about $2,000 present-day dollars per person. The territory given up in the Compromise of 1850 included the present-day towns of Medicine Bow, Wyoming in the far north; Vail, Aspen, Breckenridge, Crested Butte, Steamboat Springs, Leadville, Alamosa, Gunnison, and Pueblo in Colorado; Liberal, Kansas and Boise City, Oklahoma on the southern Great Plains, and Taos, Santa Fe, and Albuquerque in New Mexico.