People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1893-06-30
RESOURCES OF MISSOURI.
State Treasurer Stephens Exhibits Facts
and Figures at the Worlds Fair Bank
err Convention.

State Treasurer Stephens Exhibits Facts
and Figures at the Worlds Fair Bank
err Convention.
CHICAGO, June 22.-There was lar
ger attendance at the worlds fair con-
gress of commerce and finance than
any day yet, notwithstanding the ex-
cessive heat. An address by Lon V.
Stephens, delegate from Missouri, met
with a hearty reception. He talked
about Missouri and her banking sys-
TEN, and from the beginning of his
speech until its close he was accorded
the closest attention. After review
showing the development of banking
in his state, Mr.. Stephens said:
Regarding Missouri. further l will say her
resources are yet comparatively undeveloped
Her soil is rich and fertile Ex-Speaker Reed
saws concerning it, il they had it back east
they would sell it by the peck for seed We
offer special inducement to the proper sort Of
emigrants. We will come down 10 the gates
and welcome them 10 the employment Of our
boundless advantages
Missouri contains 40,5s6,S55 acres. Its area
is 6s,7S5 square miles of land and go square
miles OF water Five hundred and sixty miles
Of the state borders on the Mississippi river.
1t borders on seven states and one territory
1t has ia counties besides the city OF ST.
Louis. Forty-fve counties are north OF the
Missouri river. Sixteen border on the Missis.
sippi river and twenty -four on the Missouri
river Every county north OF the
Missouri river has one or more rail-
roads Fifteen counties south Of the river
have no railroads More than twenty OF the
cities have as many as 1000 inhabitants. Its
population is 2,6i9, ia, Of which ST Louis has
4j5,0OO The vote cast at the last presiden.
tial election was 54l,5s3 II has 6,763 miles
of railroad These are owned by thirty.six
different companies and employ $1,000 men.
l am told that it contains in its mines
bituminous coal enough to supply the worlds
demands for thousand years. Most Of the
iron mines lie south Of the Missouri river.
Iron county contains pure mass Of iron o
feet high and covering 200 acres Of ground In
cereals corn and wheat are most abundantly
produced. The annual lead productof the state
is 0,0l0,000 pounds In the amount Of lead out
put Missouri is without rival in the world.
two-thirds of the zinc that is mined in he
United States is mined in the state Of Mis-
souri,
Missouri has larger school fund than any
any other state It amounts TO sl1.55l,14L33
Ler assessed valuation for 1893 is about 1925.
$4,000 The rate Of taxation for state pur.
poses is but % cents on the 500 valuation, Of
which 10 cents is for our interest and bonded
deb, 5 cents for public schools and 10 cents
for the support Of the state government The
| bonded debt Of the state is but s. al. 600 Of
which Sl,NO,oOO bears 81 per cent, and Sl,3lI,-
OO) bears 9 per cent The constitution requires
! us to take in Ss5O,gOJ Of our debt annuity. 1t
is estimated that in less than twelve years the
entire debt will be obliterated
With such resources as Missouri possesses
l think can safely say that banking in Mis-
souri, Notwithstanding its rapid strides 10 the
front in the past, is yet in is infancy The fu-
ture is full OF promise for the bankers OF the
state.