, 1874-10-02
SPEAKER BLAINE,
Els Views OH the Municipal
Debt in tho United
States.
An Address Delivered Before Tho Northern
Wisconsin Agricultural Associa.
lion,

tion,
At Oshkosh, Oct. |, 1874.
Tho Hon. Jamea G. Dlaino. Of Mainc, ycstor-
day delivered before tho Northern Wieeonain
Agricultural Association, at OshsosA. M au-
dross on tho subject OF " Municipal Debt in tho
United stalos." llo con,n,pncoi by giving n
brief Bkotol Of tho origin nna progrcss Of
National debt, md tl,on sposc as follows in ro-
gard to tho obligations contracted by States,
counties, cltles aud D,uallcr municipalities:
III rrectnE ,,inn tllls subject you viii observe at
Tho very ontse that our form atd framework OF uov.
EXTRAORDINARY OPPORTUNITIES
for the tso Of pn1lic credit. u nvu hrHt the Gem
cra, Government, which Ecrrown tho fnii uf tho
on lilo aisl Of I'm sals ,est tho county, which lot-
rows on t'se fsi.i or tho cps,nty next tho city Or
town, which hoir,wa u, tho fait, of municipal credit.
Now, whc this whoesc OF crcdlt four lii number.
med AZ thny 80 ofc, aro.ay. used nloat every
whcre-ho qa,srupi!cate burden falls heavily on tia
list upon thu bsnu nsa u,i each rteco Of property in
tpId why contributes itn share towards fanfyin1 tho
n o ~ eo,yae s y oa sor nIs n
ed as with nn; IN which thu communities nlny en
nlado to ~ a'nalaS @ mslie 9lasona IN 90 many re-
tnnrRe retofltsa nf tho ,onRionA ul,l tlo,nadn Of
s e tls hsayy hy oIt Eeng K IT. e aga
su,'nty of which y iors m integral rar1 ha rotiry
sy isya nSs. a., s, sssIv waest a,9s. Mpsny Il y Ssy
!nclHhersd Es direct .1 70 pay, tho interest on j
debt e to st!o: and ho stao .oo often make, lavish
one Of ita c,:oaa 10 nlrculy h,,,le'!ud by the lax
wLie is & paying to lialats ts ebt OF tl,o hat!o.
t sy ave oae ei :I l apoed mp ,fi e1 ru nseas, ss
!hc citizen linda that, while thu t.x ii iacrcaue for
fold, iio rrnrer!y 10 meet laa nc experienced asm-
contEJ to oeuuata OUT burdsta u'ay ctfatnty bc seA
garued Eli
PECULIAR TO nuEsELv.s
AM nwro that tho ar5D ettir1 uf one harc Liss
os shsr o, 10 ,ys Ills s,Y arats cAn.sa of u"izes~
lsnd; 10 i;avs tho Departments OF Franco for limited
M aes sfGsa 81: u a s ssaay a0s sS os
and township facility for contracting .iet IL prscti-
Iy antnown s'noug tho Nations of Earorc, our
essiet teelhH. seller !,o mouth. opened At a7c:
yelons capacity IN Tits regnfi Is tho achievement
Of our K41Ata,fcan cisalzation Of which think wo
lavG tha lta6.p ceaa5Hn to trot proud
There alu ID tl.c United p.sics sixteen cities hnyinr
pululaioi Of ;oo. 600. lseh is a city With apscal
the language Of The day, han tre futn1e; each Inn
abundant weash cnl tl larger ptoapeclise rcsourrca
Ac sa Fs S saI k toa.p as Sssae 81
Ill tho great interior rivers Of tho Continent aud tho
coavett:Ius tsatc uf thousands Of .eH ut railway
Surely ono Woltlu thk lh.t cafh might EIe ito tjnle
anA sa.satty await ia we!1-a.sursa prosperity, with.
on Isng esmrsllttl 10 borrow largely III ru,s eassa
thnrn s,r,ccn citfsa t.otfcr .ro m, f;,a,s ',%i %
drl,s AMOUNT to
a ;aa, ',ospss1 , m asp rt7rE :tl.z,os Or no51Any
a IL liz eKa,a sn u aaon. sil.rI %o plor ~ 70
@ par f Mon hHys be99 considered
sticc LSyeycr T., lin t,,fcreu.o t,t thn ,ar
hge ds6t 81 these cities is oyer foc tnluad
nreatuta dcl1t cr1i:rrf,ts tnnr;v nnn,1,ir ~ ~
snrs aou VIII teye,s Of S cIies "u ts i. ia s
Tns clafs ., cNt nest n sise r. tbnsn u.t rctc1rn%
to-thuso s yn1 sSeiI rnrns,ton cYcsaiin,t IN no1
M anrrncnta nons, II ,s ~! IN ss nsatMnH
In,t uosn In.t rxccrl ssc , al ,siir t,;vss stt
SO rcr carits for tho wi.ois st. s''e' "''1'
Tatinr tt,u ,ert clsrn nf ~ s.ynr cec no,,,,.
are n Ill aota tytlrea in ts Ii.t o4s. a ytt
toal dabt cruuot be I.as thinS tla, W nt ar
SO 1cr capita, '' >"-' '''''~S''s0' -
Interested havo boen in making tl,oae tnvcslisa
nv t,n,iirfcs md tout to eies ami t,wna thrnh
5ut lie United States Having poDuistioMa hctMScnn
n' a G ess s os w'en oeo aonna to
population antonnta to nearly lxoO.u AID w,osa M.
Ess,e s e1 5e nessatng Witt! over about
Add,,E thsae four classes together, It presents a
table witch embrates tho c,tioa and towns Of .ha
wl!c thero arc iu a 1s} viii m nr1roaatc 'an,.
tton exceeding s70O o0U, and total munctpai toit
CT So rno4 taSHs *1s'9oS .,o ,n N nm
have mt Lcc, aGs 10 clageify Viii Tia nnnroIinSIc
accuracy Of tilnso haya eiyc1 bt fesl Mji asanra
that u ssreasc Of .csp toi,ts wo,,, rcsrI ssn NM
GI0-irah;ng Tho to:l n,u1ri,al tIcLt of TIM rn,nrp
nbont Gj7l, ,usl0 U0o
Adt,td tu tese municipal debts nropsr vn AMI tba
county dctp of hr c,lt;r. country atnnuntiur To- nhnnt
1uodoo0oo aud thc State dsLss to about s3So o9o
uiuLluH Eiant. aat,rttato IL
nLxvEs HUNDRED AND ros7y M,111oxs,
of public deI OF staes cout,ttc ritieg and to,vns
THIS euln to.ll ia nearly f1DU uDe Dp crc.tcr th.n
that given In tho ccnsuk Of 1876 Tin ndificn how
.ycr, has not lccn nn!o within the fnmr .,,cnaaIi"
cars, but part 10 due think t tnrh,nfotn rnrnu
aatle to tbs census oIlciaIs I haya been nj .nms
5tiup by original uycstjuatton md uo,,irv fo rct NJ
ho aggregates Of Sate county n,,ll nluiicit nieht
x1neia, aud wk!e do not xsEnmn ia niva rtnis ~
rouch for ulaoute accuracy, thinE tic totals hova
yyo lnsy vol ba aten vs. appro. innate reljalo stIte
nen.s. The difficulty IN attaining perfest exactness
~ statement ieauita from to inerfr-t ,nannar Il,
t,hich aalisca ar4 E.tlicrsl u the srcnroj I.atns
lave found, iuIeu very few States whera the Et,to
slccrs were Authorized by lar to keen anythc ~
record In regard to tlcu e=cSpt Tho aire: oinEItons
IF ha State. Iu alessarselts yiora great asontion
paid to necuraey Of Statistics avo beon onabioi 10
ri proclso information pu the cut}re fnnv nf tst
Go,.in,pnwea Of State cotuty and mpnri,, :, i4nta
t),ows rra.l total OF f31 subject Ia sntiu~
fund deduction, OF $1i 00J G0v leaving fSo DID IA