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Show ABOUT THE FEDERAL DEBT THE BOISE (Idaho) PIONEER (Republican) says: A petition signed by a group of Rhode Island citizens and submitted submit-ted to the President of the United States, protests against the continued contin-ued trend toward socialism in the United States. It touches on the problem of the federal debt with the statement that: "... A debt of $250 billion would mean an average per person of over $1,800. For a family of five the amount would be $9,000. "Let us take the figure of $1,800 per person and apply it to the state of Rhode Island. According to the 1940 census, Rhode Island then had a population of 713,346. At $1,800 per person, Rhode Island's share of the federal debt at the end of the war would be $1,284,000,000 as compared with its own state debt of little more than $21 million." |