Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-05-24
DEBTS OF THE WORLD
FAVORABLE POSITION OCCUPIED BY
Thls COUNTRY.
light Burden Upon Our Citirsns-The Fer
Capita of National, State, and
County Obligations

Tho Census Bureau has in preparation q
bulletin upon the subject OF foreign ma
tional State. and county Indebtedness.
The information concerning the indebted
mess Of foreign countries was furnished by
tha administrative officers OF several ma
tions At the request Of the Census once.
The indebtedness Of the world Tor loso ana
1850. as far as 1t has been possible 10 COZ
Iect the data for the present bulletin Win
the amount of increase or decrease. Is as
follows, the figures showing the deoe' 1888
sinking fund:
1890. 1880.
nations. n.sa5, osc,o75,s4o s9s,4si'07@'lsS
U states y u e15,o62,112 1,e22,5i7'so4
States and
Terrific o-o oo oon a9a 643
cd rlesi;.,'... i4i,eSo,s45 12s,lo5,o27
France in 1889 had a debt per capita OF
aiI6' 35. and IL IL understood that this does
not include certain annuitles OF an un-
statad INIT large amount; Great Britain,
tbongh slowly decreasing its debt, han
burden at that time of SS7.79 per caplIs
Russia. 5000 Austria Hungary, ytv.o4'
italy, S76.O6 Belgium. S63.lO; the Netnelji
lands. 1856, while that OF tno 49, htnd
States was but S14.63. and OF its indebted
neas nearly one half was made up OF non;
interest-bearing notes. While indlviaussi
fluctuations in the amounts OF lndepteu-
ness of the seyenty-nine foreign nations re-
norted have been considerable during the
decade. the aggregated Indebtedness shows
relatively but little change, .especlhliy II
compared with the increase OF popuieatlon.
The public debt OF the United nthtes
shows gratifying decrease WITHIN tne Iass
ton wears. the burden per capita h Law le
hoe1 red,,ced from 1888 in 1880 to Sl4.6
in 1890. The indebtedness OF the States
and Territories has also decreased Sbi,"
Sis 7eo during the decade. reducing the
ner canita from 81. 70 in 1880 to 1886 In 1880:
II should be remembered, however, that OF
the total decrease Of state debt as report
ed there hos been scaled by refundlng IN
some of the southern States about SIo,-
SOC, 900. The Indebtedness OF the counties,
though increasing somewhat within the
dacade has NOT kept pace with the in
crease of population, and the per CAPITA mas as
been reduced from $2.47 in 1880 TO S2.2i IN
Agorepatinq the national. State. and
county indebtedness. the per capita shows
decrease from S46.59 in 1880, to S2O.4o
in 1890. or more than one half, end TINS
decrease has been brought about manly
by voluntary taxation.
Following is a reorganization OF the
total indebtedness of the United States,
the several States, Territories, and coun-
ties, less sinking fund:
1880. 1890.
Total. .s2, 1886, 949, O34 S1,o2o,S4o
The United non 80
States. 1iSZZiol ',oof oi"'"'~'A
The several
States and - ooo ,o- oeo
Territories. 29O,326,o43 St 3'dp 1872 :
Counties....... 24,lOo,OZ' 1fl,"'Viof'
The following table gives the debt, less
sinking fund. and the per capita debt for
tbe wears 1890 and 1890 of the nations from
which reports have been received. ex-
elusive of the debts of their respective de-
tendencies:
Debt Less Sinking Fund.-
1880. 1890.
Austrl nun 90 ooa 5oo 5-o 40. s66. 33o. 500