The times. (Owosso, Mich.) 1882-1897, 1891-05-15
THE WORLDS DEBT
Interesting Figures From the
Census Bureau Pepole.
THE UNITED sTATEss SHOWS UP WE'LL

Comparative Statement as to the Indebt-
ness Per Capita of This and Foreign
Countries-what Some of the States
Owe-County Debts Not Increasing as
Fast as Population-1he Treasury SUR
plus Expected To BE Sufficiently Large
to Meet All observation-disclosures Cap
ital Notes.
WASHINGTON CITY, May lathe census
bureau has in course of preparation bull
letin upon the subject of foreign, national,
state and county Indebtedness. The in
formation concerning the Indebtedness of
foreign countries was furnished by the
proper administrative officers of the sew
eral nations, at the request of the census
Office, for publication in the reports of the
eleventh census, as preliminary to the
statistics of the indebtedness of this coun-
try. Only the totals OF foreign indebted
ness are herein stated, but great amount
of interesting 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
n which they were negotiated has been
compiled and will be published in the
final reports of the eleventh census.
Indebtedness of the World.
The indebtedness of the world for 1890
and 1880, as far as it has been possible to
collect the data for the present bulletin,
with the amount of increase or decrease,
is as follows: Foreign nations, debt less
sinking fund, 1890, sos, 636 075, $40; $780,
500. 4s1, 572, 1856. The United States, $780,
S9l5, O62, 112; 1881, 1922, 5l7,S 1854 States
and territories, 1890, 1928, 1O7, 1888; $780,
$500, 326, 643. Counties in the Union-189o,
Sal, $50, S45; 1Ss0-$125, los, O27 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.
Per Capita of the Debts.
France, in 1889, had a debt per capita of
$116.35, and it is understood that this does
not include certain annuities Of an I'M
stated but large amount; Great Britain,
though slowly decreasing its debt, had
burden at that time of S87. 70 per capita;
Russia, $50 20; Austria Hungary, $40 81;
Italy, 06; Belgium, S63. 10; the Neither
lands, $95. SO, while that of the United
States was but sl4. SO, and of it's indebted
ness, nearly one-half was made up of nom
interest bearing notes. While individual
fluctuations in the amounts Of indebted
ness of the seventy-nine foreign nations
reported have been considerable during
the decade, the aggregated indebtedness
shows relatively but little change, espe-
cially if compared with the increase of
population.
Decrease in the United States.
The public debt of the United States
shows gratifying decrease within the
last ten years, the burden per capita hav-
ing been reduced from $3S. 33 in 1880 to
$14.63 in 1890. The indebtedness of the
states and territories has also decreased
SCI, 21S, $50 during the decade, reducing
the per capita from S. 10 in 1850 to 8. So in
1890. 1t should be remembered, however,
that of the total decrease Of state debt as
reported, there has been scaled by refund
ing in some of the southern states $685.
500, 900.
Individual State Debts.
The following table shows the individ-
ual Indebtedness of the states named. The
first and second columns give the debt
state and county-less sinking fund for
1850 and 1890, and the last two columns
the debt, less sinking fund, per capita for
the same two years:
State 1880. $780, 1880. 1890.
q Oni n-n