Utah's Favorable Debt Status A study of the gross public debt state and local focal in Utah tah in comparison with the national total and with the debts in other western states shows snows Utah in a very favorable position On a per capita basis Utah's debt i in 1942 according to the Utah Taxpayers association was only 43 per cent of the national average and it was as the lowest of any ny western state A sharp decline in the total public debt in Utah was noted between 1932 and 1942 Whereas the debt in 1932 was approximately approximately equal to the debt 1 10 years previously by 1942 the debt bad had been reduced to The association did not have figures on the to total debt as of of today but it must be considerably less than it was in 1942 beca because the state and many municipalities made nade s substantial payments on their obligations during the war years While it is sometimes necessary for units of government to togo togo togo go into debt in order to finance needed improvements a system of paying as you go is much to be preferred When bonds are issued the burden of interest frequently requires that the taxpayers taxpayers taxpayers tax tax- payers pay twice or even three times for public improvements improvements' and a heavy load of debt can so O cripple a city or a state that it finds it difficult to finance adequately its regular operations Utah units of government are to be commended on their fine debt record It lit would be excellent I if all of them were j I j able to continue to carry on a program of debt retirement until t the entire state is free of debt and on a p you pay basis of 1 financing costs capital improvements as well wen wenas as current operating f A lot of women dont don't care car how they look after after they get married and have children Quite a few of them cant can't find anything anything any any- t thing i g. g to do but eat all ll day Dr Or Edward H H. Ryn ars MayI Mayo May clinic clime consultant I