Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1889-01-10

he burdens. Each county SedulOu>ly guard
ing It's own interests and securing a. low
valuation a possible. the result has beer
that the aggregate official valuation of I'll,
State has been far below its real value. II
this respect the State of Maine has not
been presented to the country in a stroLg
financial position as she is entitled t.
hold. We negotiated our war loans on n
valuation of nthundred and siNty-two
millions Of dollars. and if it had been rrali,
believed that that sum represented til,
actual wealth of the State, We could not
have so readily placed an aggregate loan
that amounted to five per cent of our tota
property. The valuation taken by tn,
United States census comes nearer doing
Us perfect justice than the valuation taken
by the State, for in $50 when the Stat,
Board of valuation said Maine was worth
1925 900 600 the United States census fixed
the valuation al S34~ 900 900 In l>s(
when the State government said Main.
was worth s23G. 900 600 the United States
census fixed the valuation at S5lI 900, 900
If the incrcdulou> may think the last
figures Of the United States Census wer,
too high those best acquainted with the cx
tent Of our resources and Of our recent de
yelopmcnt in many directions will agree that
1t is very much nearer the actual amount
Of the property in Maine in 1850 than l.
ai,a,,a,, ,i,',.,,' iar,',,
,,f.,,,,. ,,r',,,.,r,, ,,I,,, t,r,,, ,l .t,,,
and makes onr farmers pay an undue share
pf the general taxes. bu the other hand
the valuation Of thc United States census
takes cogniIauCc W the les tangible hut
more profitable investments which escape
their fair share of the common burdens
!, ''',' o.'"', y" "f",'f l"'|
''.'' ',i'"> u Fi"i'', y "''',' ''''" "a
!, '.'.',' ''N'.,ot' ,'u'' ."',l' i''''',S
HIT. = 'i'' .i''l. I'M !"t ''u'''
" u"!' !" az ''NI'nN I'LL "n'h = If
,,,
:, w. y, D" '',', - VI
-''' '''''' " '''', '.'' '"N 80 W. -'"
''' i''' l,>' NJ ',''', ''','''''' an
90 ,'''' ~
',,,,I'i ',
I,,t9 ,a,,..,, ..,.,,,',,,,
ali
,,a. uaim.. rn,ft, f.r NIL. ..,... n
,t ,,.i.'..'.,., .,....,,
,t',..,,.,, ,-.,t',l,' ,",,.'t >.,,.
'I...,l .,,,,;t.,, t,,,.,, ,t.
- -. ,'.'
side. ~ certain absolute rrluirtuput. j.
inst What III. cittlrn~ III till. several rjti..
touu> uu,I cpuuijr, iun, themselves, ,L.t,r-
ulju,- Ana authorize
SAVINGS ht\N-.
IAr report nt the Bank Examiner. civ
!u. th, coud tjun Of >aAiu-> banks. trust
companies and loan aui hlildiu- a>>o,ia-
t."n> in th" state. Wili -'nu pr latd before
.ou II wiI prnl, huth interesting aud
satisfactory Il wiI -unw that thr a--rr-
-tte deposits In thr ijfty iiyc SAVINGS banks
amount tn nearly fnriy -uur millions uf ,ipi-
mrs lhi~ large ~un l. divided between
i2l i"2 iopoeitor~ Of whom nearly loo
t.ai represent q deposit Of less than i've
hundred dollar, each. The savings banks
have proved 4 source of largely iucrra>Iu.
thr wealth NJ the State IArs Nave Iu-
>.ifrI a ~pirit of Unfit auH ECONOMY auI
hay,. nc,n liz, means M ~ANn. 4, worthy
individuals aud families maIy millions III
dollars THAT might othrrN .~r nave hr,u
fr,itrr,I away i'm needless juUt.1.ruc,., af IN
hgrtful di->lpatIpn.
Dn,. uf The most important duties dr.
yu,,in, up,n Tho. Government uf ,hy >ta'r
j, tht.. careful .,uar,is.u,i.p. thr~r lar-r
~ugt. M unn,y Ih,. SAVINGS banks i.r,,.
IL fur>t w. ri.llly protected AGAINST all
forms ofr.,k or ~rrrulatton. M udi,a-
ual~ choose to speculate with their own
III. NY '"'S 'AN' '"r F'NA t"''h>'If'> anu IL
il'>i"t ,IlH' "''E'AAeN I,'n' '"'t mus
a''"' 'hr consequences. hut 'he >la'e ha>
ha f'~hl - permit tAe GhaFaiaha N IuNt
81 ~