Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1891-05-14
VOL. TX. NO. '36.
The WORLDS Indebtedness.

WASHINGTON, May l3.--The census
/ bureau has In course OF preparation a
/ bulletin upon the subject Of foreign, na
tiOnal, state and county Indebtedness.
/ The information concerning the indebt-
edness Of foreign countries was fur
nished by the proper administrative
officers OF the several nations at the re
quest Of the census office for publication
In the reports Of the eleventh census, as
preliminary to the statistics Of the in
debtedness Of this country. Only the
totals Of foreign indebtedness are
herein stated, but great amount Of In
teresting details concerning the dates OF
issue and maturity Of the several loans,
the purposes and rates for which they
were issued, their present commercial
value and the kind and value Of money
IN which they we're negotiated, has
been complied and will be published in
the final report OF the eleventh census.
The indebtedness 0f the world for
1890 and $50, as far as II has been pos
sible 20 correct the data for the present
bulletin, with the amount OF increase or
decrease is as follows in debt, less sink
ing fund
1890 1880
Foreign nations s250380l5s40 S284sl,b7g is5
United states 9l6062,lls Ia2 1894
States and terri
Counues....-.... ifJ,95O,s45 lsi,i05u27
Totals =. .... s96ol6,l9e,5s0 sss.sis,5si, ,ela
Relatively the burden OF debt falls far
heavier upon the inhabitants OF the
principal foreign countries, except
those OF Germany, than upon those of
this country. France Ia 1889 had debt
per capita Of Sll6.35, and it is under
stood that this does not include certain
anuuities OF an unstated but large
amount Great Britain, though slowly
decreasing its debt, had burden at
that time Of SS7.79 per capita, Russia
S30.79, Austria Hungary S70.s4, Italy
Sl6.08, Belgium S63. 10, the Neither
lands s9j.5G while that OF the United
States was but Sli.63 and Of its indebt-
edness nearly one-half was made up Of
non-interest bearing notes.
While individual fluctuations in the
amount Of indebtness OF the seventy
nine foreign nations reported have been
during the decade, the ag-
gregated Indebtedness shows but little
change. especially if compared with the
OF population.
The public debt OF the United States
shows a gratifying decrease within the
AunA NNH yours Lut blIAEh per tdbiLd
having been reduced from S3s. 30 in 1850
TO sl463 in 1890. The Indebtedness OF
the states and territories has also de-
creased S67, 2lS 160 during the decade,
reducing the per capita from 1919 in
1850 to $3.50 in 1890. II should be re-
however, that of the total
decrease Of state debt, rs reported.
there has been scalped by refunding, in
some Of the southern states, about S2s,-
500 900.
The Indebtedness Of the counties, al
though increasing somewhat In the de-
cade, has not kept pace with the in
crease OF population, and the per capita
has been reduced from S2.47 in 1880 to
- in 1890
Aggegating the national, state and
county Indebtedness, the per capita
shows a decrease from siG.59 in 1880 to
$40. l6 in 1890, or more than one half;
aud this decrease has been brought out
mainly by voluntary taxation. The ag-
yregate surplus receipts of another de-
,ade like the one just past would relieve
he country from nearly all national
state and county Indebtedness, could
hey be distributed for the purpose