Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-03-23
ADVANCE IN WEALTH
HAS NO PARALLEL
Census Bureau Issues Statistics
Showing How Nation Has
Grown Rich
PER FAMILY OF s1a2
This Advance Has Been Made in Four
Year Period Ending in 1so4-Live-
stock, Railways, Shipping, Asricu|-
turaI Products, ETC., Show Remark
able Gain.-The Figures.

Washington, March 23.-The total
estimated value of the national wealth
in 1904 was $107. .104, $4,000. according
to a special report issued today by the
census bureau, which represents an
increase in four-year. period, from
1900 to 1904, of $1s,5s6, ,Ss6.0oO This
advance in the national wealth has no
parallel in the history of the United
States, except the period from 1850 to
1860. In 1850, when the first estimates
of the national wealth were made. the
figures were only $7,135,7s0,OOO.
The most potent cause for the in
crease in the nations wealth from 1900
to 1904, 1t is stated, was reaction
from the low prices of the period Of
depression from 1893 to 1896. The an
nual increase in wealth per family,
from, 1890 to 1904, was $1s2. The var
ious farms into which the nations
wealth is divided, with their valuations
are as follows:
Real property and improvements
taxed $55, $40, ,2SS.000.
Real property and improvements ex-
empt, $6,S31.246.O00.
Livestock, $4.073,792, 900.
Farm implements and machinery,
$S44, 800, 600.
Manufacturing machinery, tools and
implements, $3.297,754,000.
Gold and silver coin and bullion, ST.
99s, ,6O3,000.
Railroads and their equipment $11,-
244,752, 900.
Street railways, $2,219.966.O00
Telegraph systems, 1921, 100000.
Telephone systems, $585,840000.
Pullman private cars, $123,000000.
Shipping and canals, $S46, 4S9.S04.
Privately owned waterworks, $780,
O00eO
Privately owned central electric light
and power stations, $o62,S51000
Agricultural products, $1,S99.376,000
Manufactured products $7,4O9,292,-
900.
Imported merchandise, s495.544,0O0.
Mining products, $40S,067, 900.
Clothing and personal adornments,
81, 500, 100000.
Furniture carriages and kindred
properly, $5,750,000,000.
The total public Indebtedness Of the
continental United States in 1902 was
s2,7s9, 100000; the total per capita in
debtedness was $3.50. The total in
debtedness of the national government
for the same year was $925,012,OOO.
Per capita indebtedness was 1127.
The Indebtedness of the United States
government is it's gross Indebtedness
less the cash in the treasury.
In Great Britain the per capita In
debtedness of all classes, national and
local, was 3.93 times that of the United
States in France, 4.S6, and in Italy,
2.25. The assessed valuation of prop
erty~ subject to ad valorem taxation,
has increased from 1850 to the present
time, but has not kept pace with the
increase in the actual national wealth.
The net Indebtedness of the country
was slightly less at, the close than at
the beginning of the year, in the case
of the national government of the
states and territories, and at the close
Of the year, these governments had a
smaller net Indebtedness than at the
beginning. In the case Of the minor
civil divisions, and especially the large
cities, the situation is reversed and
payments for expenditures exceeded
revenue receipts, causing an increase
in the net Indebtedness.