The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1914-04-13

Preliminary figures from the FORTH
coming bulletin pertaining to national
and state indebtedness and funds and
investments have been given out by
Director w. J. Harris, Of the bureau
OF the census. department OF COM
merce. The bulletin carries informa-
ton for the state Of Kansas, rs we'll
as for the other states and the United
States. The data were coupled UNI
der the supervision Of Mr.. John Isee4
Coulter, expert special agent in charge
Of the inquiry on wealth. debt and
taxation.
The bulletin, which will soon be is
sued, will contain statistics for each
state for each year from 1880 to 1913,
inclusive. as far ~ statistics are avail
able. and will also contain details for
the year most nearly corresponding to]
1880. thus making II possible to show
the general movement during q period
OF over 80 years. The bulletin will
show the total debt of the states ~
well as many details, such as the
various classes Of outstanding bonds
and special debt obligations to public
trust funds. 1t will also show the
debt and its component parts.
Under Funds and Investments will
be shown separately all the different
funds, and in each case cash and Sc
curities will be shown. The popula- !
ton Of the state for each year under
will be used. and the per
capita debt (less sinking fund assets) |
will be given.
An inspection Of the tables for Kan |
sas in the bulletin soon to be issued |
mammal rannTfQ ware
available for the years 1912 and |
1S93-s4. The bonded Indebtedness de-
creased steadily throughout the period.
falling from 1901, 200 in 1892 to $780,
300 in 1912. The floating debt Of
s251,o00 in 1892 decreased steadily to
t64, 900 in 1900, when 1t disappeared
In the case Of funds and investments
The securities show a marked increase.
advancing from $6,695,000 in 1892 to
p10.13e,000 in 1912. The cash fluctu-
ated naturally during the period. rang
ng from 1911, 900 in 1905 to $1.42S.-f
300 in 1911: in 1912 it was 1929. 900.
The sinking fund assets were at mol
lime sufficient to make an appreciable
Inference between the debt less sink
ng fund assets and the total debt. The
'teady increase of population with the
lecline in the amount Of the debt less
linking fund assets reduced the debt
yer capita very materially. In 1891
he total debt Of Kansas at the close
II the fiscal year, June 80, was ST.
$4,000; in 1892 it was $1,052.0O0; in
1874 1t. fell to $983,000: and in 1912 it
to only $4,000. The
population OF the state increased from
so, 900 in 1880 to 1,740.000 In 1912.
n 1880 the per capita debt was 81: in
Ss2 it fell to 1914. decreasing con-
family to $0.17 in 1912.
In contrast with the state Of Kansas
We find that, taking the entire debt
less sinking fund assets) for the 4S
tates, the per capita. according to
he latest report, is 1882. or 1896
more than the per capita debt for 1
KANSAS. Comparing the decrease in
he per capita debt of Kansas and the
Is states for the 30-year period, wei
ind that while the actual decrease in
he average per capita debt for the 4S
tates was greater than that for Kan
as, the ratio OF decrease was much
mailer: The $5.4S fell to 1882 in
he average for the 48 states, and 81 to
OH in Kansas.
At the present time about Is per 6
ent OF the total population OF the ]
United States will be found in the {
tate Of Kansas, and OIL Per cent Of
he total debt (1ess sinking fund as
ets) IL attributed to that state.
II