Show h i GREAT WEALTH Of DE 1 UNITED STATES t 11 Estimate of the Census Bureau tit 5 for 1904 Reaches Enormous d a il t 1 Total of t I Ii rr i wet M MI NO PARALLEL IN HISTORY I 1 J 4 INDEBTEDNESS OF THE COUN COUNTRY COUNTRY TRY SMALLER J t r j 1 tr J Washington March arch The total estl pI mate natte of or the national wealth in 1001 was V 1 J V 1 I fi according to a special report I i md today by the census bureau en cn f wealth r debt and taxation which t nUl tUI an n Increase in ht the period penal K k L I from 10 10 Ino to 14 Mt of f 3 This ad 1 q ance tance in national wealth has haR no parallel b y f 1 1 in th the history of the United States except l the decade de de from ISSO too to 1 In 1511 11 j 1 r it when Mn the first estimates of or the national 1 S wealth h were made the figures were only J I 1 i S The most most potent cause calise for forthe fori i i t the increase in the nations wealth from fromi j i I s i 1 00 I to VW I It is stated was the reaction 4 from the tow low prices prIe of the period of de from 1893 1813 to o ISM IM The file annual I F I increase l crea e of or wealth per I r family a mil from tj to 1901 lieu was Is 18 j Forms of Wealth Wr Tile The various forma forme into which the na an nations 1 wealth wt alth i is divided with their valna valuations t jl i t 1 thins are ae as follows Real R ea l lr property and improvements taxed 11 r SJ SM real and Improve It i Y I r j meats ments exempt livestock tock 1 IJ farm implements and machin machinery m I fl ery er 61 63 manufacturing I machinery a I y tools and anti implements 3 77 gold goldI f I j t and silver sliver coin bullion rail railroads roads reads ds and amt their equipment L 00 f street railways 7 telegraph t systems 3 Wow telephone systems r 1 Pullman and private ears car l I m shipping and canals S S1 Ii a i t I Q 1 privately owned waterworks n f Ii lef privately owned central electric f lighting V l f r and power stations S Si S agricultural r ral cal products JJ r manufacturing c products imported merchandise J dise 5 mining products product 86 O fi 6 JI I 3 HI clothing and sad adornments furniture carriages and kindred 4 i 1 property 9 t nm f 1000 M It I t Public Indebtedness I ss s The total public indebtedness of or con cm continental conI I t 8 United States in lit was 39 S iSItO and arod the tit total per capita indebted indebtedness c ness nese JM I was The lh total indebtedness SS t l of or the national go government eminent for the same Fear was jsn 8 and ami the till per capita indebtedness was wall ll The indebtedness I i of the United States government is its I i gross groM Indebtedness less I cash in the treasury treas treasury ury ur The total indebtedness of or continent continental i al I United l States in was t C i iIi Ii that of the national government was 31 1752 and the tte per capita was and It it respectively n 1st IMS the tho th annual in InI 1 I f charge barge on en the tho th public debt of the f I continental United States is shown to toh tol tol l l j i wa h ve e been approximately lla 5 S or 01 an n annual payment of o 14 for each individual 11 j i r ual tail i I I t In Great Britain the per I r capita indebted indebtedness t I nose ness of all classes national and local was wasI I Ir times that of or the United States State in InI I France I S SG and an in Italy Hab V 5 Assessed Valuation J ij The assessed valuation of oC property rt sub subI I Y i j i vt t to ad al valorem taxation has increased f tom om 1869 to the present time but It lias R net list kept lace bare l ace with the increase in the 6 Ir I t i actual national wealth The total a asses alOSe es I jed eel 1 valuation of 01 property In ht 1 was 35 G J 1 in it was waa only JK d k f 18 The be estimated estl t true value a JJ I if f C fI I til 11 property in lout IS l was voas s 8 W I a against b ii The total levies leIs of th t ad valorem taxes was in lf If to 01 39 Y x s and ami the tax rate per Sl O of estimated true 1 p ale alue he 30 1 i i The net indebtedness of oC the country was wasi n i 1 slightly lightly less I s at the close Ilose than at at the ther J r t ginning of th the year war ar In the ease case of or the thc I national al government states and i 1 ri ties 1 and countries the receipts exceeded 1 I t the h payments and n at t the close of the year yearth tt th these se governments had smaller net in indebtedness 1 is 1 than titan at the beginning In the tf 1 s case se of minor civil IhU divisions and especial Special especially ly I the large cities the situation was re reversed reI I versed and the payments for expenditures r exceeded the tho th revenue receipts causing ausing an ant lor t Increase in net t indebtedness s |