The Daily clarion. [volume] (Jackson, Miss.) 1866-1888, 1875-10-08

census of that year was $209, 1877 ,345,
being loss in wealth in that decade of
over $500, 600, 900, or about so per cent
These estimates are based on census re-
turns, not on assessments.
But as the object Of this paper is to
show what we have lost BY Radical mis-
government, it viii be as well to com.
mence on a new basis of valuation, Just
after the war ended, and when its rava,
ges had ceased, making no other use Of
the ante bellum statistics than To show the
rate at which our people created wealth
in time of peace, under a filr and just
government. This rate of inerease,. as
is above shown, was over II Pef cent. per
annum. s@ ~ '4ss' "a
There is no civilized people, certainly
there is no part of the United States.
not cursed by carpet-bag rule, that does
not increase their wealth yearly. The
increase in Mississippi between 1850 and
1860 of II per cent. per annum is not
exceptionally high, but is below the aver
age. The increase in Indiana between
1850 and 1860 was 16 per cent; between
1860 and 1870 it was IA per cent. per
annum. In New Jersey, between 1850
and 1860, it was 19 4.5 per cent; a
year, between 1860 and 1870, it was
8 per cent. In Massachusetts, between
1850 and 1860, it was Al per cent; be-
tween 1860 and 1870, it was 10
per cent. year. In Tennessee, be-
tween 1850 and 1860, it was IA per
cent. per annum and between 1860 and
1870 there was even then small in
crease. In Connecticut, between 1850
and 1860, the annual increase was 19
per cent; between 1860 and 1870, it
was Z 3.5 per cent. In Illinois the an
nual increase, between 1850 and 1860,
was so per cent; between 1860 and 1870
it was IA per cent. In Georgia, between
1850 and 1860, it was 9 per cent. per
annum. In New York, between 1850 and
1850 it was7 per cent. each year; between
1860 and 1870 it was ID per cent. a year.
In Alabama, between 1850 and 1860, il
was about II per cent. In the whole Of
the United States, the increase in wealth,
between 1850 and 1860, was over l3 pei
cent. per annum between 1860 and
1870, Notwithstanding the great losse;
sustained by the Southern States from
the war, it was nearly 8 per cent. So il
appears that the property in Mississippi,
under good government, increased be
tween 1850 and 1860, in about the same
ratio, as the average of the whole Union
But to remove all cavil, we will say
that the increase would, under fail
government in time of peace, be 10 pei
cent. per annum, and make our calcula
tion accordingly. pFr II
Commencing, as before stated, on thu
basis of the assessment of 1866, the yeal
after the war closed, we will see how the
case stands. Have we lost or gained by
these nine years of labor and toll (? In
1866, the land assessment, excluding
school land, amounted to s115, 1921, ,299.
There was no assessment Of all personal
ty till 1870, and none accessible to me
till 1871. Though the years subsequent
to 1871 show a steady decrease in the
value of personality, will assume there
was no decrease before that time, and
that the personality in 1866 was worth as
much as it was in 1871 viz $45, ,829, ,908.
This added to the realty, makes $751;.
151 ,207, as the total wealth Of the State
in 1866. 1at tod ucj vG., o a
In 1871 the total assessment of realty
and personally was $15O,00O, 900, show.
/ ing loss in five years of $1l, 151 ,207,
or about s2,0O0,0O0 for each year
These were years of peace, and the price
of cotton, during this entire period, was
double its ante beIl,m value, when oul
increase of wealth was twelve per cent pei
annum. There is no reason, but bad
government, and high taxes, why thi:
increase should not have been kept up
But put the increase at 10 per cent, anC
the wealth of the State should hay,
been in 1871, s241, ,726,S07, instead o
what it was, viz: sl50,000, 600; showing
loss, by bad government, of sol ,726,
SO7, in five years, OF over SIS, 900, 900 I
year. .r ats.tf.,
The assessment of realty in 1871, wal
S104, 1876, ,291s and there was no new as
sessment till 1875, and so We cannot show
the annual decrease in the value of real
4 ty, but We can take the four years together
The assessment rolls for the year 1875
have not all been returned but we hav,
the rolls Of fifty counties, situated in al
4 parts of the State, and the returns from
I these counties show decrease Of IS PEE
cent. in the land assessment for fouI
years. The same rate of decrease in tn,
land assessment in the remaining coun
ties would make the land assessmen
amount this year (1875) to sS5, 401, 759
or loss in four years of s1S,734, 759
Add to this TIE loss in land assessmen
| between 1866 and 1871, as follows: