The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-02-22
WHOLE NO. 1871.

OF the farmers cotton, wheat, corn and
meats.
Is it not tiae that we had national
policy that would give the workers of
the soil e fair chance IN the struggle of
lifep
Mr.. Whitehouse then gives fearful
catalogue of the debts of the States and
principal cities of the country. Here is
what he says:
1.-The debts of the States" said MIR.
Whitehouse. Il have tabulated as thew
stood, from the best information attainas
bic, in April, 1876; that is, about the
time we opened the Centennial Exhibits
ton. The total is nearly 1897 900 600.
But the total debts OF the thirty-five
principal cities foot up nearly 1926 ,OOO,-
900. There VIC have, taking only the
sizeable cities, an aggregate civic and
State debt OF $913,000 900, or, approxi>
naatively half as much obligation as the
United States debt itself"
| asked him to give me some examples
OF these debts.
"Well,n he said, ''Iet us take New
York State. Its debt is scant OF s24.-
100000. We have sinking fund equal
to half Of it. But the debt OF New York
city is 1888. 600, 900, Of Brooklyn nearly
$39,0OO,0O0 OF Buffalo almost 7 900 900,
OF Rochester $5,579, 900, of Albany 49,
683, 0oO-a civic debt for five American
cities OF sos 100000. and some Of
those have been increased since 1876
''How do the frst-class cities compare
with that?'
philadelphia has above $57 900 900,
Baltimore So, 900 900, Boston 81 0O0.~
600, New Orleans $21, 300 900, Chicago
| Sl9.785,O00. Cincinnati. SIS, 235, 000,a
San Francisco only S3.43O,000. These
are the great cities, leaving out New
\ ork, with anaggregate debt OF 1920
100000.
"les, il is more than half OF all the
debts OF the States, and shows the bur-
dens OF the city-living people over the
rural communities. Aud in o less de-
gree, the minor cities are also heavily
burdened. Let us look! There is little
Jersey City with S14,000,000, Newark
nearly $1,000 900, and Elizabeth, N. j.,
with $4,000, 000.'
: $50 Jersey has tour towns with nearly
$50, 100000 debts?'
Yes. And leaving out Boston we
have in New England, Providence with
81 100000, Portland 55.413.000, Al
Bangor S2,485, 900,
] Little cities, like Cardinal Wolsey,
ought to throw away ambition
Now" said Mr. Whitehouse, 'let us
take the leading second-ciass cities, begin
!, with the South, and leave ont Richmond,
Va. But Charleston has $3.50 900,
Savannah s3,563,0oO, Mobile $685.
900. Augusta. Ca, S2,000,000, Calves
Il
ST. Joseph, No, 1881 900. Nashville
$3.50, 900, Columbus, Ca, $4,000.
! and little Louisville, $500 600"
Now" said Mr.. Whitehouse, Gle. us
: skirmish over the breadth OF the coun-
: try. We come first TO Pittsburgh with
: S1.784,000, Cleveland $685., 900, De-
J troit 81 ,282 900, indianapolis $l,455, :
9 900, Milwaukee 81, All 900, St. Paul 9l,-
100000. The minor cities of the West
: have been comparatively prudent"
(Which State has the greatest debtp''
: Virginia, and with little TO bear it,.
: Most Of it was acquired before the war
in costly canal and railroad building
u 1t is over $40 ,000,0 900. But Massachu-
sets has almost s34, 100000 and Penns
: sy)vania 1000, 600, but with large
: sinking fund. :"
: Il nave only tabulated thirty>one
y States he continued. Some rich
: States have small debts California has
. less than S3,400, 900; Iowa is almost out
:. of debt; Michigan has only 1880. 900 !;
y the great State of Illinois has only ST.
q ass 900; Kansas even less than that !;
70 Indiana, s ,875 900 and Minnesota 3d.
$4,000. The Western agricultural pop
. ulation is very sensitive as TO debt"
. do the far Pacific States also keep
ont OF danger2'
: Nevada has debt Of 100000,
10 Oregon 1927 900. The District OF CO.
'r lumbia has q terrible debt-122, 349,-
! 600"
/ "And according to Senator Spencer's
report, has spent $50, O00,0 900 in five
years, and pays S1.06 for interest out Of
" every $3.50 that il received for taxes
7. Now" said Mr.. lFhitehouse, "Tex-
Il as, IN empire has only S1,245, 900
re debt; while Louisiana has almost Sl7,-
" 800 900. North Carolina has more than
n New York-528, 4o0, 900, South Caro-
le lima has 3l2. 652, 900. Alabama 22,34l.~
~ 900, Florida 95,z34,000, aad Georgia
se almost 519, 400, 900.
>, ssProdigious. indeed Are the border
belt OF Southern States worse OFF than
&c the Central Westsn
G, "Well, Arkansas has above $4,000,
er 600; Missouri s25, ZOO, 900, aud Tonnes
In see s25 900, 900. Ohio has only 81
at 900, 900; New Jersey only $2,394,0OO.n =
C How stand the smaller New England
10 Stateso'
- Vermont has next to nothing-33lz,-
:. O00 New Hampshire large de5t-p3,
to .14. 600. Connecticut S. 900 900: Maine
a almost $6,000,000 and Rhode Island
a. 80, 628. 00o.'
ne I took down these figures. and also
@ Maryland's debt, very large--Sl0, 7W. :
8 900 !. Massachusetts had issued $751;
n. 500 OF FIVE per cent. gold bonds
A since 1863. mostly for refundlng.n