Show abbat our debts superintendent porter of the loc nth census contributes a paper to the north Atu american critan ili lew on the eject of thu the american peoples debts though be he does not tell us how to py p y them lie ile in lit slits howe boncie e that llo the addition of mortgage statistics of the census will linae a wholesome erret on lie the national mind in that it will nil cill attention to tle subject anil and enable both corporations and in tit tit Lowin low tain h inure or less thea the are in debt than tile were ten and twenty ara lars ajo and slid ahns stimulate them to mike an effort to get 0 ret out the states hat e reeson rep son to felicitate heir selves we ive find troal front au exhibit imbe imbu hed b mr porter that the stole state debts of hie the union amounted to nine dollars per capita for the whole countr country in 1870 in ISSO 1880 the gum fiat declined der dired ired to six dollars per capita whilo while in lit 1800 1690 it h on kiil three dollars it 3 be but that thi th figures ligure i hero are 60 minall that howe u of the states bo be to jump into debt again agal D I 1 he ly pr r c i allta debt of all hinds kinds state city ciuni count and ua va wae was in 1870 1670 S ii lu 1890 it id iri 32 25 there aro arc debt making and debt periods mr porter finde finds we haic ba bad had I 1 almost crazes of going into debt and these havo have been followed ba a periods of retrenchment and thin io in 1830 the states I 1 cad their fe feiar er of internal ampro improvements cements and so high fid lid the impulse so ran that in some cases public emente far in ad vance ance of the requirements of 0 the population were ordered rho state debt reached As its culmination in 1842 when hen soine of the s au sti tee tes in tho the union fw flagger agger ed on orge of bankrupt i from 1870 to 1877 camo came tho the I 1 o 0 V 1 01 c I 1 P a imp bement craze and the per capita debt of aith doubled between 1870 1810 and 1880 and ane e the ho tato state delili debts before it divent rat in advance of the population tho tile last decade ihu the country ovar lai la 1 i leen one of and und debt mr porter attention jllen Uon to the fact that debt ia not aiwas n sign of financial depression oa on tle cont contrail raj it is I 1 frequently frequent 13 a sign of filce sound headed business men and unit frequently almor ir working capitel b borrowing when than are that vera act will bring thead birger i re turoa turn As A t f abstracts of ot 9 are BOW its 61 file in the tile canue it tt i ota lu to collict ats ts which sum bould hawe ha we pan off ff a good mail of thea va abow cleanly du ae seat aring ring n roay be while on the ocean lie he has a strong to be avash ed eti ashore boston |