Daily capital journal. (Salem, Or.) 1896-1899, 1898-01-03

CONTINUED from first page.
aud dryer in summer than West
ern Oregon The annual rainfall in
Eastern and Southern Oregon varies
from 10 60 20 inches. The valleys and
plains Of both Western aud Eastern
Oregon are nearly all prairies, and the
mountains are covered with a dense
forest Of the firest timber in the
world. One-fourth OF the state is
timber and three -fourths isopen land,
mostly suitable for farming or gra-
zlng. with some rocky or barren
waste land. From the ocean level
up to an altitude of 1000 feet af-
fords a great variety Of climate and
soil All tastes may be gratiHed, and
all occupations can find room to
flourish in this diversified country.
There is vast field for agriculture,
stocking, horticulture, numbering.
ninining, manufacturing and every
variety of human industry end en-.
terprise in this most favored land.
Its splendid climate is suited to all
ages and conditions, and is un-
riyaled in the world. The natural
resources are as great II not greater
than can be found in the same or
In any other part OF the world, No
other country awaiting settlement
can offer so many inducements, com
blning climate, natural resources and
varied advantages, as Oregon now
offers to immigrants.
oREoN HAS NO STATE DEBT.
Oregon has no real state debt. A
few hundred dollars In bonds and war
rants are outstanding, for the pay
ment OF which provision was made
long since. There are also few war
rants outstanding which are only pay
able out OF the swamp land fund
when money shall be realized from
the sale of such lands. In conse-
quence of the failure Of the 10th bien-
nial Legislative assembly last winter
to appropriate money to pay the cur
rent expenses of the years 1897 and
1898, vouchers or warrants have been
issued by the secretary of state, in
obedience TO decision OF the stat
supreme court, for the expenses OF the
year 1897, and remain unpaid, but
money is In the state treasury tc pay
every dollar of outstanding indebted
ness. SO Oregon has 10 fact no state
debt, and Is, therefore, In better con-
dition financially than perhaps al
most any other state In the Union.
And, what is still better and perhaps
more encouraging TO Intending i'm
migrants, is the fact that the ex-
pcnse Of the state government Is
much less than iu most other states.
There are fever state officers In Or
egon than Ia most other states, and
expenses are on very economical
scale. Most-of the taxes collected are
TO carry on municipal and county
governments. The rate OF taxation
for all purposes, municipal, county
and state, Il lower than the average
ia other states, and the assessed valu-
alton OF property Is not more than
one third of It's real value, while In
nearly all other states property is as
sessed for taxation at about It's full
value. For this reason, a per cent
tax In Oregon Is only about one third
as costly To the owners of real and
personal property, as Is asImilar tax
TO owners OF property Ia neighboring
states. The assessed valuation OF all
property in Oregon for taxation Is
about $4,000, ,oOO,or little II any more
Than oue-thlrd OF It's real value, so a 3
per cent tax on that amount Is, In
fact, no more than about per cent
on the actual value.
GREAT oPPoRruNlNrTIEs FOR NEW
INDUSTRIAL ENERGY. I
|
Cattle, sheep, horses aud all kinds
of animals, in the early settlement Of
this country, were not provided with
food or shelter during winter or sum
mer. They were able TO live on the
pralries and plains on the Wild grasses !
which In colder countries would have !
been impossible during the winter I
season. THIS condition, wade possl- &
Bile by the mildness OF the climate c
caused farming and kindred indus I
tries TO be carried on until recently |
n