The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1881-09-01
Jew Orleans Picayuno.l

New Orleans Picayuno.
I'm 1S53 the real and personal property as
sg--0d u the Southern states aggregated
SI4> 0Do 900, which va, II per cent. of the
tat.. for thc whoia country. and as much as
fai the New England and Middle States
combined. IJ is very trne that these II gures
c' mo-. show the relative absolute wealth of
She various sections, but they approximate
The census of 1850 showed that this prop
,r'y valuation ia the South had grown to
81 SCI 600, 600 or about 100 per cent. aud
the proportion off 40 peg cent, 10 the entire
assessment ot the country was maintained.
During that decade the New England States
lad alIe' 70 Che tax rolls only $3.50 eco. 600
sni th Middle STATES Sl.1S0,000, 900, the
,pe'eiAE Au increment ui l2 and the other
g. a. PaE cent
Though the growth of property values j.
/ taa Western states for that period was very
gr-8t in per c.uta-e, it was less than in the
South by SOS OOu. 900.
The decade ending IN 1870, which en-
b-aceI sl.e war period, entirely changed the
relative position Of the sections. southern
property had shruuk TO 5 t32 600, 600, or
less than il was in 1852. Allowing some
dining for improvement in values between
tie close of ho~tIlittss and the date at that
census was taken, the shrukSge of taxable
value in thts section brought about Gy the
war could not have been less than So, 000,-
100000 sum greater than the entire debt
contracted by the fedora! government dur
ing the conflict 1T we estimate the slave
property ut 81 ,cuo, 0oo,ono, which Is a liberal
figure, it embraced only one-third the loss
d. values.
Daring that decade, however, the West
ern states valuations had grown 80 per
cfn-. reaching 81. 026, 900 900, and the New
England and Middle States had advanced
With greater strides.
Coming down 10 IsS5 we find the figures
Of valuation in the Southern states had
dropped down to 8, 226 600 900, while the
West added another billion and half and
the Middle States nearly billion, the COM
parIsoa standing as follows:
Section. 1870. 1856.
New Eag.d States - III, 5e2 sol 81 499. lis s99
Middle Ssates....... 4 3G3. -. 559 53i6,699 l37
: atherD States 2443.2 $40 z22o, l44, Isl
estern S,ates...- 4,02636S, 35S 5.532 los, o9s
TeTri5or.oss.,..~..@.1 s27, 18s SOL 6sa94e, s84
TotaI-......Si8,s 9s. oa6, 500 SIC, Us, O64. 100
While this showing may seem at first view
IA'Aer discouraging, a little reflection will
'ssest that the future IS likely to witness
s greater appreciation in Southern prop
~ there IS certainly no good reason
-! property values in the south should be
=, Sl-aay than in 1860. 0mittiua slaves,
- S'alhern tax rolls before the war aggre-
n 800 S3,s6l 100000, while now it is 81,
s,V'5.9oJ less than that The population,
iss,,'C14tuFai productions and manufacturing
tbsl have grown enormously. In all
i cs oss y create property values the South 4
$50 ably Ii lar ahead of what she was in
az a.. l 1e land is as productive, and there 1
ipn-ao'.s hands to cultivate it. Buildings, /
cosliy ' selis and implements are both more
cal iut nan twenty yearsago, and the politi-
howeve- Is more settled. Confidence, 1
T ~ the case. = @H4 Ss'@' =
side ean NV seen, for example, of late, out
Fays t or coming in and buying rail-
mere song The Southern