The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1912-11-17

actual figures in stating the material
value of property in this city and county,
and the amount of taxation which the
people pay. He has found that jefferson
pays more than one-ffth of the taxes of
the state.
The examiner can see no limit to the
growth and development of Birmingham,
and admits that as a result of the compile
ton of the Panama canal this city Will
take rank with the most important finan-
ciai centers in the United States.
German Enthusiastic
Major German says:
1.-The people of Alabama do not fully
realize the Importance. predomnanee and
possibilities of the imperial and magnf-
cent county of jefferson In the present
and future political and financial develop
ment and advancement of our state.
Jefferson is almost state within itself.
Birmingham will be the Pittsburg of the
south.
IF the population increases at its pres
ent rate Birmingham, in all probability,
will have 100000 population and Jefferson
county 100000 population in the next %
years.
ION a 100 per cent basis the assessment
of taxable property will probably be $780,,
900, 100000.
Potentially the property in Jefferson
county is worth that amount now. All
that is necessary is its Improvement and
development.
In 1912, on go per cent basis, the as
sessed valuation of taxable property in
s121, 900 coo, exclusive of raises in valuation
made by the tax commission.
This represents, on 100 per cent basis,
an assessment of S212 100000, but every well
informed man knows that 500, eco comes
nearer representing a 60 per cent basis
than s121, 900, 900 does
would $4OOO00,0O0 purchase all the real
and personal property in Jefferson county,
including railroads, factories, corpora
lions. furnaces, steel plants, buildings.
coal iron and all the various improve
ments and investments?
WHO can estimate the value Of the.
mineral resources of Jefferson county
alone?
These almost exhaustless deposits re-
oure only the magic wand of labor and
capital to create incaculable wealth.
Historically and industrially. Birming
ham is in its infancy, but with its geo.
graphical location, making it easily accessi-
BILE to all the markests of the world, and
its environment destine it to be one CT the
great, industrial, commercial, manufastur-
ing and financial cities of the United
States.
Canal Will Aid
ho
pleted. and with its excellent railroad ia
cilities and the opening of Alahama's
rivers to navigation to our great port.
Mobile. Birmingham will practically Lave
the world as a market for its products.
1.-The completion of the Panama canal
will make Birmingham accessible to )ur
Pacific states, Peru, Chile and other
South American countries. China with its
400 600 population, India with It's &c.,
900 GOO and Japan with its 100000.
I'm other words. the completion of the
Panama canal will open the market to
/ l 900. 100000 people, and there will be
tremendous demand for coal and iron, the
basis of Birmingham's prominence and
supremacy, and which are absolutely
necessary and Indispensable to modern
civilization.
birmingham future prosperity and de-
velopment are assured and both directly
and Indirectly this will be of great benefit
to the development and advancement of
Alabama
The Importance and prominence Of Pr
mingham and Jefferson county in the
| financial condition and development of
Alabama can be demonstrated by q few
interesting statistics.
Some Big Figures
The assessed valuation of property in
Alabama in 1912 is 1851 10000. OF this
amount the assessment of Jefferson coun-
ty is 1921 zoo. 900 over one-fffth of the entire
state.
"Jefferson's assessment for 1912 Is nearly
four times as much as Montgo. lery's and
nearly three times as much as Mobiles
assessment.
For 1912 Jefferson will pay into the
state treasury. on the s121 100000 assess
ment, $7s90s7.55.
1T will pay similar amount into the
(continued On Page six)