Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1907-06-27
THE couuTRY,s RICHES.


of Wealth Debt and Taxation" just
issued. estimates the total value of the
property of Europe the United States,
Canada, Australia and Argentina in
1895 at $342, 52S,000. 900. of which Eu-
ropes share was $249,S46.000,000, and
that of the United States ST9,567.o00.-
900. The United Kingdom was worth
s57,453, 0o0, 900. or s1,455 per inhabitant.
In per capita wealth the United King
dom held the first place, being followed
by Australia, with s1,247 per inhabi-
ant; by France. with s1.a2S per inhab-
liant: the United States, with S1.125
per inhabtant; by Denmark, with ST.
119 per inhabitant. Germany is credited
with but $751; per inhabitant, Austria
with but s5e6, Italy with but S493 and
Russia with but 1896
The total wealth of France in 1896
is estimated at 100000; Ger
| many, $39,1S5,O0O, 900; Russia, $31,267,-
600 900: Austria, s21 ,957 100000: italy,
s15,S7S, 900 900; Spain, s11,5S2,0OO,Ooo;
Canada, s4,ss1, 100000: Australia, So
236, 600, 900; Argentina, s2,997,000,0o0. In
total wealth the United States. it is
perceived much exceeds all countries
Of Europe. The wealth of the United
States in 1904 is put at $107. 100000
600, against sSs,517O0o,o 900 in 1900;
s65 ,073, 000, 900 in 1890 and $43,642,000.-
600 in 1880 Regarding the items of
wealth of the United States in 1904,
it is estimated that real property and
improvements taxed were worth 500
$40 900, 900; real property and improve
ments exempt from taxation, $6,S31,-
900 900; live stock, s4,073,000,0O0; man
ufacturing equipment. $3,29IOO0,o 600;
gold and silver, 81, 99s, 600, 900; railways.
11,244, 100000; street railways, $2,219,-
600 600. besides some $1S,000,000.00 600
worth of products furniture, carriages,
clothing, etc
Over against wealth is set the net
national, state and municipal debt OF
the United States, which in 1892 totaled
1890. 100. comprising these items;
Debt of the national government, $780,
|'011,637; of the states aud territories,
$2S4,9OS,S73; of the counties, s196,564,-
Isis. of cities, villages, townships, pre-
cincts, ETC., s1,2S7316,976; of school
districts, $46,1Ss,015. The total debt
for 1902 is to be compared with ST.
9Ss,112,S42 in 1890, $3,042.6O5 1896 in
l1sSO and $3.199,846.714 in 1870. The ag-
| gregate debt has decreased materially
since 1870. when the debt of the federal
government was as much as $2,33l,-
l169,956 The aggregate debt of the
states and territories has also de-
creased since 1870, as has that of the
counties, but the municipal debt has
| increased at rapid rate. In 1870, the
aggregate cost of CITY, village, town
lship. precinct and school district debt
Twas but $32S,244,52O, while in 1902 it
2
was $1,3s7,316,976, Of which s46,1Ss,-
| OILS was school district debt. Municipal
indebtedness has nearly doubled since
1890 The aggregate of state, county
municipal and school district debt in
| 1870 was much less than one third of
the total debt of the cou,ntr. but in
| 1902 it is two-thirds of the total debt
Urban expenditure, in short, is expand
| ing coincidentally with the growth of
urban population.
The total levies Of ad valorem taxes
| in the United States and territories ag-
gregated s724,736,5S9 in 1902, against
s471,ss5,1 40 in 1890 and sS1S,921,474 in
1880.