Show MORTGAGES IN COLORADO an extra census bulletin just issued shows that colorado has a per capita mortgage debt 0 tho highest oi any far tabulated by the census bureau the total real estate mortgage debt is in round figures or nearly 15 per cent of the total true value ot nil the taxed lands and improvements within the state of tills amount the farma and other acreage carry over and the iota nearly more than half the entire debt or is in Arapah co county in which denver is situated and nearly a half or is carried upon lots principally in denver this immer ft mortgage debt does not indicate necessary financial distress in that community in normal times A special investigation carried on as a test in two of the counties shows that more than 82 per cent of the mortgage indebtedness debt edness was incurred to secure purchase money and to make real estate improvements naturally much of the debt of this character is owned within the state and the interest thereon is kept at homo and to this extent colorado is fortunate A vast mortgage debt may represent much individual danger in stringent periods but it does not necessarily become a community menace until it is held beyond the confines of the state and then it the shackles of financial slavery ono of the liea burdens which tile west is bearing today ie the annual interest charge due to tho baat colorado probably carries less oi that particular burden than most other elates ecat of the in proportion tolice per capita debt because of her magnificent homo capital and its generous investment within the |