The Weston leader. [volume] (Weston, Umatilla County, Or.) 189?-1946, 1915-07-09
NATIONAL WEALTH, INDEBTEDNESS, TAXATION

large per capita debt 10 due priRci
paiiy not 10 the state debt proper bu
10 The considerable amount OF coniin
GENT debt assumed BY the state In ths
name OF the metropolitan dIstricts II
Massachusetts, and the counties and
municipalities In Arizona.
The total county debt in 1ei,
amounted 10 ssss .7o7, 600. Of which
amount s37i.tas.ooe. or si.ss per CAPT
"a. was net debt The net indebted
ness Increased By - per cent betweer
1904 and 1913, and the per capita mel
Indebtedness BY IS per cent
ny far the greatest Item OF indebted
meas In this country IL that Of munici'
palitien. This amounted in 1918 10 an
aggregate OF ss.tse.000. 900. OF which
$2.SsS.ssS. 900 or S5S.27 per capita, rep
resented net indebtedness The rate
of increase In net Indebtedness be-
tween 1909 and 1919 was ia per cent,
The total levies Of taxes on real
estate. personal property and other
property subject TO ad yaiorem taxa.
tlon, By states. counties. muulcipali.
ties. school districts, and other civil
divisions, increased from sT2i.7s7. zee
or S9.22 per capita. IN 1902 10 st,S4s,.
SAL 900, or 1891 per cRpits, In 1912,
the percentages OF increase being se
for the total amount and 81 for the
per capita.
LcsieR for state purposes increased
from $50. .402. 900 IN 1902 10 sl6S. cas-.
900 in 1919, or by ~ per cent During
tho same period the ieyies by coun.
ties. municipalities, school districts,
etc, increased from s644. .SS6, 900 10 81
lSi, ,e63 900, or by 81 per cent. The
county ievies In 1912 were s2ss, ,9s2.-
900, and those OF municipalities, school
districts, and other minor civil divt
sions amounted TO SssB,32i, 900.
Thus II appears that an increase Of
rs per cent In yeara--indicating q
gain OF 1i5 per cent In ii years--in
national wealth has been accompanied
by an increase, during IL years, OF 8
per cent In net federal indebtedness.
AS per cent Ia net state indebtedness.
80 per cent In net county Indebtedness
and 11z per cent In net municipal In
debtedneas. In connection with the
growth In municipal indebtedness,
however. II should be borne in mind
that the proportion which urban pcpu-
lation represented Of the total was
greater In 1918 than In
1909. The net indebtedness OF ma
lionAl. state. county, and municipal
governments combined increased by
n per cent In II Years.
A more significant comparison, how-
ever, can be made between the growth
of the national wealth and the In
crease In tax ieyies. Tho national
wealth. on the assumption that its av-
erage annual rate OF growth from 1902
10 1919 was the same as that which
from 1904 TO 1912. increased
by 10l per cent in 10 years, while the
Increase IN tax ieyies during the per
od 1902 to 1912 amounted TO So per
cent.
The total revenue receipts OF the
rational government during the fiscal
rear ended June so, 1918, aggregated
1868, ,60T, 900, and the expenditures for
costs we're $685., ,601, 900.
rhe corresponding figures for 1903
we're Se67. .2S2. 900 and s6l6.7Se. 900.
rhe percentage Of increase Ia govern
mental costs between 1903 aid 1918
vas 81. The nature and amounts Of
he leading items which made up the
otal revenue receipts In 1918 were;
Special property taxes principally |
'eceipts from customs and from tax
IN circulation of national hankn), |
1913, ,06s, 600; earnings of publlc-eerv- |
oe enterprises (principally postal re- |
,oipts), $270. 0.7o<. 900; receipts from In
ernal revenue taxes on manufacture |
md sale of liquor, s2s0,14e. 900; "busi- |
less taxes" linternal.revenuc receipts |
rom ali sources except manufacture |
md sale Of liquor. together with re-
eiptg from Income taxl. sllS.ss5. .eeo.
OF the expenditures for geverSasR-i !