The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-12-16
KANSAS IS FIRST.
Leads All States in Nation in Per
Capita Wealth.
Over Sixteen Hundred Dollars
for Every Inhabitant.
TULLEY GETS FIGURES
State Treasurer Knows What
He's Talking About.
Urges People to Be Cautious in
Managing Asfairs.

Kansas leads all the states of the
Union in per capita wealth, ACCORDING
to the statement made today by state
Treasurer Mark Tulley, who has ng-
ured it out from reliable statistics MI
Tulley took the tax assessment TOT
1911 and the last government census
and shows that if the wealth or the
state was equally divided that there
would be S1642.30 for every man.
woman and child in the state
1t has been the boast of Kansas
public speakers for some years thal
the state ranked high among the lead
ers in per capita wealth, but MT Iul-
ley has thu honor of discovering thal
Kansas is in the lead Kansas. poor
old bleeding. stricken VIM
blown, plague-ridden Kansas, IS the
wealthiest state in the Union in pro
portion to population. Kansas; the
new plutocrat in the house OF lorus'
long disinherited. but now come IN
possession of her own Whlle Wealth u
was piled up on wealth. during the
Mr. Tullev deducted the constitu-
tionaI exemption from the taxa lie
wealth and still had $2,71l.O5 4,Sl4 lett
to conjure with.
Mr., TuIley also sounds a warning
70 the cities of the state that are
plunging into bonded debt too heavily
for improvements. He believes they
ought to stop and take stock like
prudent business man before they
spend too much money for paving and
sewers and dykes and school houses
and court houses and light and water
treasurer TuIIey's Statement
Mr. TulIey in his statement, says:
kansas has the largest per capita
wealth. based upon the assessed valua-
Triton Of any state in the Union, ana
wyoming comes second
1.-THE assessment of property for the
purpose of taxation in Kansas for the
wear 1911. after the constitutional ex-
emptions are deducted. shows total
value of S2777. 054 BIZ which shows a
rer CAPITA assessment valuation of ST.
642. 80. or that amount. if equally di-
vided for every man, woman and child
in the state
THE state bonded Indebtedness is
1910 900 (Which is all held by the state
permanent school fund.- or a little less
than % cents per capita. or figured in
another way. is less than IA cents on
the 81 900 valuation. To he a little more
explicit win saw that the entire state
bonded Indebtedness of Kansas could
be paid in one year by adding to the
Other taxes of a person who pays. on
$40 NOn valuation less than 81 40 a bur
den 50 Ieht that the taxpayer would
hardly feel IL So far as the state
bonded Indebtedness is concerned. the
f3vravers of Kansas have nothing to
fear but it does seem to me that some
of the municina lities in the state are
Issuing A tremendous amount of bonds
anG may carry the matter to the extent
that it will be very burdensome to
THEW taxpayers.
ct might be we'll for some of these
Municipalities that are issuing so many
bonds to do as prudent business man
does stoD and take stock. and there
by ascertain financial conditions.
u have lived in Kansas more than
70 wears. and have passed through
fnarcial depressions. and have seen
once PROSPEROUS towns go all to pieces,
ard hone that like conditions Will never
he witnessed again in Kansas. and
there is no excuse for their being wit
messed if we are cautions enough in
our mana cement of affairs. We should
be enterprising. but at the same time
careful and prudent"