The Barre daily times. (Barre, Vt.) 1897-1959, 1915-07-06
u. S. WEALTH is
NOW $1S7, 1885, 100000

Nct Tuplic Dtpl VI lHe uoVclhnncHt
q $4,S5o,4 6i 900, According to the
Findings of the Census
/ Bureau.
: The decennial report on wealth, deb
and taxation, soon TO be issued by d
rector Sam. l.. Rogers Of the bureau {
the census, department OF commerce, an
compiled under the direction of Stark
M. Grogan, chief statistician in charge Q
the inquiry, will show an increase in I'll
national wealth of rs per cent. in eigh
years. in net federal indebtedness, of
} per cent. in ii years. in net state in
debtedness, Of AS per cent. in II years
in net county indebtedness, of 80 pc
cent. in ii years; in net municipal in
debtedness, of ia per cent. in ii years
and in the general property tax levy, o
81 per cent. in 10 years.
In this report are brought together il
two bound volumes all the statistics per
tanning to the general subject OF wealth
debt and taxation which have been issue,
from time to time during the past yea
in series OF bulletins.
The National Wealth.
/ The bureau estimates the total value
of all classes of property in the United
States, exclusive of Alaska and the in
sular possessions, in 1912 at Sls7,739
100000, or Sl,965 per capita. This esti
mate is presented merely as the best
approximation which can be made from
the data available and as being fairly
comparable with that published eight
years ago. The increase between 1904
and 1912 was IS per cent. for the total
amount and 40 per cent, for the per
capita. Real estate and improvements
including public property, alone consti.
tuted Sll0,677 100000, or 80 per cent of
the total, in 1912. The next greatest
item, Sl6,l49, 100000. was contributed by
the railroads; and the third, Sl4 694 000,-
600, represented the value OF manufac-
tured products other than clothing and
personal adonments, furniture, vehicles,
and kindred property.
Public Indebtedness.
The net public indebtedness in 1918
amounted TO S4,s50,46 900. This amount
was made up as follows: National debt
81 OPS. 564 900. or Sl059 per capita; state
debt, S345,o42.000, or 1857 per capita;
county debt, 1871 $4,000, or S433 per
capita; and municipal debt, S2ss4ss3,-
600 or S5427 per capita. Thus the aver
age urban citizens share of the net fed
eral, state county. and municipal debt
combined was s7276; and the average
rural citizens share of the net federal,
state and county debt combined was
Sls.49.
The total federal debt in 1910 was
81, 9l6, 205,000, Of which amount 1867 $780,
900 was represented by bonds, S3T5,6s2,-
600 by on-interest- bearing debt tprin-
cipally United States notes or green
backs'l and sl.5T3,l57,00O by certificates
and notes issued on deposits of coin and
bullion. Against this Indebtedness there
was in the treasury 81 .ss764l 900 in cash
available for payment of debt, leaving
the net national Indebtedness al 81 02s,- |
$4,000, or Sl0.59 per capita. The in. |
,rease in the net Indebtedness between
1902 and 1918 amounted TO 9 per cent, |
,ut for the per capita figure there was a /
decrease of 10 per cent. The burden due |
o the national debt is thus very light in
with that imposed BY the in
lebtedness Of other great nations.
The state debt. however, rests still
more easily on the shoulders Of the aver.
ge citizen. being only one.third as great
IS that of the nation. The total state
in 1913 was 1922 ,7a7 600.
nd the net deht-that is. the total debt
ess sinking fund assets was S345942,-
600, or S3.57 per cent. The net debt in
reased by 44.5 per cent between 1902
nd 1913, and the per capita net debt by
: per cent.
The only two states in which the per
apita state debt in 1913 exceeded the
er capita national debt were Massachu-
ctts. with a net debt Of S7g,55l 600, or
22.7S per capita, and Arizona, with s.,
5000. or sl3.2s per capita. In these
tates. however. the large per capita debt
due principally not 10 the state debt ,
roper but 10 the considerable amount
I contingent debt assumed by the state
] the name of the metropolitan districts !
1 Massachusetts, and the counties and
in Arizona. .
The total county debt IN 1913 amount. Z
: 10 1898 .207 coo, Of which amount SILL I
5000. ~ s4.33 per capita. was net debt.
he net indebtedness increased b. 50 per
mt. between 1909 and 1913. and the
ar capita net indebtedness BY s. per {
mt. v
By far the greatest item Of indebted v
- in this country il that Of municipal 8
les. This amounted in 1913 10 an az. 4
'egate II S3.aeo0o000O. 81 which 81. \
q $50 000. or s54.27 per capita. repre- {
nted not Indebtedness The rate OF RI
crease In net indebte- ess between 1909
ID 1913 was ia per cent. "
Taxation.
The total leries Of taAes on real -
g.. personal property, and other prop
a subject - al Nalorem taxation. br
ates. counties. municipalities. school
stricts. and other civil divisions. IN.
raised from s1247g7ouo or s9.22 per
pita. 10 1879 20 - asfl 0oo Or 1881
2. capita. in 1912. the percentages Of (
crease being 80 for the total amount
q 81 for the per capita.
Lcrics for state purposes increased
III