Show I I Utah's Debt Reaches For Year Ending June 30 1922 I for Each State Resident Government Indebtedness Indebtedness Report Shows That State edness Has Trebled in the Past Ten Y Years ars I O N JUNE 3 30 30 1922 the total gross debt of state counties counties incorporated localities and civil divisions in Utah aggregated or I i- iper per capita debt of Of the total debt is funded or fixed special assessment loans amount to and 6 AA all aU AAA other classes u- u of loans AA AAA u- u me toe year 1912 the total debt has Increased In in- In Increased increased creased from more than three times The state of or Utah on June 30 1922 owned of which was was funded and the re remainder remainder re- re floating debt The several counties in the state in the aggregate owed owed of at which was funded or fixed incorporated places owed of which was funded or fixed while all other civil divisions owed 17 of which was funded or fixed These authentic figures are furnished in a government government government govern govern- ment bulletin I The gross debt of the nation for 1922 represents all of the public indebtedness including funded or fixed long term and and serial bonds hands special assessment bonds temporary temporary tem tom loans outstanding warrants and other debt of ot every character and amounted to or oran oran oran an average for each person of The annual interest on this gross debt outstanding computed computed computed com com- at the rate of 4 per cent would amount to or 1206 per capital At 4 per cent and 1 per cent sinking fund the total charges would be 1803 or 1659 per capita The actual amount lies somewhere be between between between be- be tween these figures Of this total debt the national government represented 68 7 per cent the state 1 governments go 3 35 5 per cent the counties 42 per cent incorporated I places 17 8 per cent and all aU other 1 civil divisions 58 per cent The gross debt of the national I government was for forthe forthe the f fiscal year which ended June 1 30 1923 The indebtedness of other countries to the United States November November November No No- I vember 15 1923 was and of ot this total represents represents represents rep rep- resents the amount owed by Great Britain The gross debt of the national government was for the fiscal year which ended June 30 1922 greater than for tor the year Which ended June 30 1923 The net debt being the gross debt less cash In Inthe inthe the treasury amounted to 22 June 39 30 1922 as compared compared com com- pared with June 30 1923 |