Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-03-23
CENSUS REPORT ON
Ma T|ONAL WEALTH
In 1904 II Was SIO7,lO4,l92,-
41O, ain Increase in Four Years
OF S18,586, 1886, 635,
PER CAPITA DEBT is $3.50.
National State and County Debts Be-
creased Slightly--In Smaller PoiltI.
cal Divisions it Increased.

Washington, March 2s-'I'he total
estimate Of the national wealth In 1904
Was SlO7 lo4. Ice, 4lO, according TO spe-
ciat report issued today by the census
bureau on wealth, debt and taNatou
which represents an Increase IN tho
fourtye5,r period from 1900 to 1904 OF
SIS, 5s6 $50, $50 This advance I'm nation
al wealth has no parallel In the history
OF The United States except the decud.
from 1850 to 1850. In 1850, when the first
estimates OF the national wealth wer"
made, the figures Were only S1l30, 7oO-ssS.
The most potent cause for he increase
iu the nations wealth from 1900 Ia 1901,
1t is stated, WAS the reaction from the
low prices OF the period Of depression
from 1898 TO 1896 The annual increase
OF wealth per family from 1890 to 1891
WAS 1872,
The various forms into which the na~
toms wealth Is divided WITCH their vail
uatipns, are as follows;
Real property and improvements
taxed, s55,51O,22S,057i real property ant
Improvements exempt S6,SSl, 9ii $40;
live stock, 81 Q73, 79l.7Se: farm nipple
ments and machinery, ss4a.Ss9, $685. man
uiacturing machinery tools and irnpe~
ments, 49, 2g7, 76i ,1S0; gold and silver coin
bullion, 1898 sos, S03 railroads and their
equipment. Sill, 2i4, 1852 900; street rail.
ways, s., zoe, a69 600; telegraph systems,
s227, 100000; telephone systems. $685., S4O,
Coo Pullman and private cars. s12a, O00,
0O0s shipping and canals, Ss46. t69; pri-
vateIy owned works. ss15, 000,000 pl1-
Vately owned central electric lighting
and power stations, $3.50. S5l,l Jos; agEicu-
ture products, 81 Ssg.S75, 652 rnanpfnp-
turing products, S7 400, 29l ,6ss; imported
merchandise, s495, 5ts $50 mining prod
ucts, s4QS ,O66, 7sT; clothing and personal
Qhn q
carriages and kindred property, S5,75o,
G00,00
The total public Indebtedness OF conti-
nentai united States In 1902, was ST.,
1899 l20; and the total per capita in
debtedness WAS $3.50, The total in
debtedness for the national government
for the same year was s925 Oh .63T and
the per capita Indebtedness was Sll &c.
The indebtedness of the United States
government is its gross indebtedness
less cash In the treasury. The total in
debtedness of continental United States
In 1880 was sl,9S9, AZ, Ss2r that OF the
national government Was ss5i.al2. 81
and the per capita was f3l,76 and St2s-
so respectively, In 1902 the annual inter
esI charge on the public debt of the
continental United States Is shown to
have been approximately SIZE. FOG, S5S, or
an annual payment of 81. d6 for each in
diviGual.
IN trreat bfllaln the per capita M
dehtedness of all classes national and
local was 1893 times that OF the United
States, In France ;.S6 and in Italy 2.25.
The assessed valuation OF property
subject to a6ivalorem taxatiOn has in
creased from 1850 to the present time,
but 1t has not kept pace with the in
crease In the actual national wealth.
The total assessed valuation OF prop
erty i'm 1892 was ssb 33S ,316.s33 while
In 1890 it was only sa5 AS, 17S, AIS. The
estimated true value OF all property In
1862 was se7.sl0, 1880. against So, O37, :
Os1 OS5. The total levles OF advalorem
taxes In 1902 wass724. 1856 $40. and the
tax rate per slO0 of estimated true val
ue, S.014-
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 states and
territories. and counties, the receipts
exceeded the payments, and at the close
OF the year these governments ha+
smaller net indebtedness than at the
beginning. In the case OF minor civil
divisions and especially the large cities,
the situation WAS reversed and the pay
meuts for expenditures exceeded the
revenue receipts. causing am increase in
net Indebtedness