The Iola register., 1891-10-09
Our Increase in Wealth.

The assessed value of all property
has INCREASED from SIG, 902, ,993, 543 in
| 1880 to S24, ,249, 536, ,s04 IN 1890, an in
crease during the decade of 7,346. $780,
261, an amount equivalent to the true
value of all property as returned by the
United States census in 1850 tSI, 1885,
$50, 22Sl. Should it be found upon the
completion of the inquiry in relation
to the true value Of all property OF the
| United states that the same relation
exsists in 1890 between assessed valua-
tion and true valuation as existed in
1880. the absolute wealth of the United
States according to the eleventh census
may be estimated at S62, 6l0. 600, 900 or
nearly $1,000 per capita, as against
! S514 per capita in 1860, $50 per capita
in 1870, and S870 per capita in 1880
Census Bulletin on assessed valuation
of prOperty.-MOnitor.
| Dwelling upon this census bulletin at
some length Gov. Boies, of Iown, in a
recent speech deduced the following
startling comparison between the in
crease of wealth in the manufacturing
or high protected states and in the ag-
ricultural states of the west:
IF you will carefully study census
bulletin No l0i, issued from the De-
partment of the Interior under date OF
August %, 1891, you will find that the
average per cent OF gain per capita, as
shown by the assessed valuation OF
property in the United States during
the last ten years, shows an increase OF
1901 per cent per capita in the wealth
of all the people of the United States;
if YOU will follow out the inquiry you
will find that the average increase per
capita of wealth during that time was
in Maine. $3.50 per cent: in New
York, 90 per cent; in New Hamp-
shire, 41.36 per cent: Pennsylvania,
-. 45 per cent: Vermont, S6.03 per cent;
and in Iowa, your own state. Los per
cent.
"You will see that in the principal
manufacturing states of this Union the
average increase of wealth Is from ten
times to more than forty times the
average increase of the wealth Of your
own people, Notwithstanding your state
is new one, in which the natural in
crease in the value of real estate has
been vastly greater than in any Of the
manufacturing stateS.- Evening Trl-
| bune.
We have no means at hand of verify
/ ing the data given by Coy. Boies, which
the Tribune assumes to be correct, and
neither can we say whether the rate OF
increase in Kansas is greater or less
than Iowa. The Tribune should have
touched upon that point. Assuming
however that Gov. Boies is approx
, mately correct and that the figures
apply to Kansas then what do they
prove. Simply that Iowa and asKans
should diversity their industries. Both
states possess the elements and re-
sources which will make both manu-
featuring as well as agricul-
tural states. With the growth
of manufacturing industries in
close proximity TO the bouudless fields
and orchards OF Kansas and Iowa the
people of these states will realize pros
perity never dreamed OF. As it is it is
fortunate that the states farther east
have a working population who are
ready to consume the cereals and other
food products OF the west. Ninety-five
percent of the agricultural products Of
the United States are consumed in the
states. 1t is due to these facts that the
American farmer has prOspered beyond
his European rival. Imagine what his
condition wonld have been had he had
no home market.