The Big Stone post. (Big Stone Gap, Va.) 1890-1892, 1891-03-06
-r INDEBTEDNESS.
-. Eor,spsea in

ISL ti,;cs anna aud iowa
v.rcD 5.-Supcrintendent
'''' n ,se Census Bureau" has just pre-,
81 r'cr' % . ~, to the Bulletin on
81 fed an . 'n''t of individuals an" 4.
81 ''f' .'".g a, the United Stats. In ii
80 P'T'' ,. -, of small army OF
s. The ,al,'s 10 make an abstract of 'v-
cal Az ol,scd on record in every
"o''s, ~. i ni'ed states for Che last
nn'' o ~. attracted ai'c"'io" TO the
a year !, 9 ra..c cncumbrancps' to the
e''' ., ..3,n. in the way OF interest
"'@. .1,.nin. extent in which "s"ry IS ;
81 he - .l to the effectiveness OF
81 '''., '.... in al. parts Of the country.
..,t!,c census Office have as 4
@ 'S'a .,c,. o,y,bauIed the records il"
Il ''. '. and Territory, and We now
g. ,' =. n Washington. as result OF
q o"' 49,. ,fe abstracts Of about nine
g. ..o,,sa.e,. y will he seen from
g .''" ,;n,,oary report for the States of
81 , P's., ard Iowa tic FIRST plan
4 0'' ..ao..i5lc to determine With rea-
e., =. accuracy the amount of existing
- 8, -. l,oo. the rate Of interest and
& % ~, ii the loan whether for p"r-
8 Improvement, or other pnr-
8 "a, II, second plan will show the
o. person, by counties in the
~ ~ ,,,,e. who own their farms and
! r.nes free from debt. and the!nnm-
t,,jp. cacumnrancc thereon. the
3 ., ii .acA indebtedness, the value
q .I farm. and other facts Of minor
\ ..4,. .,ccial agents who have carried
q -. work.. Nr. Gco. X. Holmes and
y Lord. deserve great credit for the
s..rl,,ence and industry they have dis
q 5 +, the difficult task allotted them.
! ..,,.ordins to this report, the total real
3 mortgage deb, in Alabama in force
y ' ,.oo u,s $500, as3: the total
r., l. .oar,',.,,e debt in Iowa in force
e. = r.oo'o SI9C.0%A.957. The aver
e. = 49,, ri d,l, 10 one of popula-
e. AM. ,,'i..,n., vas S26. in Iowa. $l04
e. . IN 49,. ., ,"mlcr al acres mortsagcd
e !, : ~, ,.I,u.i20:total number OF
q a.. U''.' , ,,ot. - ga. 800: per cent of
IS l'' -, ' ~. 80. Number of acres
y w. - ~ Iowa, 3.2.l0. ~: total NUM-
e. "a - ,be >,atc. 81. jGl,0 eco; per cent
y :. 'e .... ,no,,rqecd 81.
Y r. tcrcst.cl,ar.c, in .Alai5ama range
ln % ner cent. and in Iowa from
Z -" ,o ,.or con-. throughout the South
H.. .l,o contracts often state that
q AL, i witbou, interest, or give a
T. ~ .t.a,bs trrc rate. the average of
-" .,.. ,i'' Win an allowance for par
e. ,,.n,s i. counted TO be 4; years
3 ,,.i',n, and l95 wears il. Iowa.
s ..p H. ocr.,,n,l inouil, in .Alal.nna as TO
d 49, oLicct il morl.aciue real estate,
4 mas, nroipot ones given are: Pur-
i 49,. money 10 hny other land, business,
4, rroyemenrs. farm expenses, family sup
H.. arm .r,plics. to repay borrowed
soaey and litigation and lawyers fees.
& Iowa: Purchase money. Improvements,
Il I'm, other land busiucSs. farm stock,
ssc,rri,y dclts. speculation. litigation,
lyiuc expenses. and undcscribed debts.
H. cogptic, thus selected and known in
4 ccnsus Office as enquiry counties
No. Jefferson and Greene counties in Al
alama. and Cas-, Crawford, Delaware,
anj Johnson counties in Iowa. In. JEFF
/, r.op county. Alabama. it was foulYd by
acra) inquiry hy suecial agents of the
ecn.u, that the motive for 9j.si per cent
B. the indebtedness was the purchase Of
Il ccncumhcled and other real estate, i'm
prc,ymeuts. ard business: In Greene
eoun,y. Alabama, ioy these purposes 6S.3l
2er cent, in Cas- county. Iowa., W.l% per
ronl IN Crawford county. iowa, 1913 per
Bent; in Delaware county. Iowa. $3.50 per
cent, nd IL Johnson county. Iowa 93.l'
per cent.
In an extract from the report Of Mr.
Nriglt, chairman Of the committee on