The Parma herald. (Parma, Idaho) 1903-1917, 1914-04-30
Idaho State Debt. Funds and
Investments, 1880 to 1913.

Preliminary figures from the forth.
comii bulletin PERTAINING to national
and state Indebtedness and funds and
Investments have been given out by w
Harris, Of the bureau OF the cenaus, de.
partment Of commerce. The bulletin
carries information for the state OF Ida
ho, a. well as Tor other states and the
United States. The data were compiled
under the supervision OF Mr.. John Lee
Coulter expert special agent in charge
OF the inquiry on Wealth, Debt anu
Taxation.
The bulletin, which will soon be is
sued, will contain statistics for each
year from $50 to 1918, inclusive, and
VIII also contain details Tor the year
most nearly corresponding TO 1880, titus
making II possible to show the general
movement during period OF over 80
years. The bulletin will show the total
debt OF the state AS well AZ many details
sach as the various classes OF outstand-
ing bonds and special debt obligations
TO public trust funds. 1t will also show
the floating debt aud It's component
parts. Under Funds ana investments"
VIII 10 ahown separately all ihe differ
ent innds, aud III each case cash aud We
curltes Will be shown The population
VI the states Tor each year under consid-
GRAFTON will be used, and the per capita
debt (iess sinking fund assetsl viii be
given.
An Inspection ol tie tables ior Idaho
IA the bulletin soon 10 De issued shows
that only biennial reports we're obtain
able The amount OF the bonded IN
iebtedness Increased from Sl47 900 in
1870 70 s2.364, 900 in 1912, while the
floating drot. though changing greatly
during the period covered, showed a
General decrease IRON sos. 900 IN 1890 to
$50 900 in 1912.
la the case Of funds and investments
no statistics were available Tor the ST.
cnrit'es held IN 1905 and 1910 No Sc
cutities we're reported untn 1894 the
$50 900 ia tnis year fell to $50 in o96,
increasing steadily thereafter until 1912.
when they amounted TO $t,OOO,0 900. The
cash shows general increase from $S4,-
900 IN 800 To 81 ,2ss, 900 10 lDl2.
The sinking fund assets increased
nom S2l 900 ia 1890 TO 1907 900 ia 1912,
and consequently the dent less sinking
fund assets MAS less ior each year re-
ported than the total deOt. The popu-
Iation more than quadrupled during
Ihe period, bus tins was not sufficient 10
offset the increase in per capita indebt-
edness, which, while iluctuating to
marked degree with each year reported
shows general increase from 81 45 in
1870 20 1902 IN 1912
Ia 1890 the total debt Of Idaho at the
close Of the fiscal year, December 81,
was ssS, 900; in 1912 it was 81, 45l 900,
the increase being due to the constantly
increased bond issues. The population
Of the state increased from 3S 900 in 1880
to $4,000 In 1912; this increase, how
ever, AS stated above. was not sufficient
TO offset the increased bond issues,
therefore the debt per capita more than
doubled during this period. In 1880 the
per capita debt was 81 "a; in 1890 it was
- 40 IN 1902 the amount Was reduced
20 fl.6o, Increasing 10 50 " in 1919.
In contast with the state OF Idaho,
We tnd that, taking the entire debt lless
sinking fund assets) Tor the as states.
the per capita, according TO the latest
report, is 1882, or 81 40 less than the
per capita debt OF Idaho. Comparing
the increase Of the debt Of Idaho With
the decrease in the yer capita debt OF
the total Of as states. We find more than
an inverse ratio. the total amount OF
increase Tor Idaho betog s. IS lor the 80
year period, while in the average Tor the
As states the decrease was sl.96, OF
slightly more than half the increase for
Idaho
Al the present time about 0 4 per cent
II the total population of the United
States viii be tonnd in the state Of Ida
no, and 0.6 per cent Of the total debt
Cess sinking fund assetsl is attribute,
TO that state.