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 census report. Among the larger items of our debts, as far as officially reported, are the following: National debt of the United States (U.

S. Census, 1890 $ 891,960,104

State and Municipal debt (U. S. Census,

1890) 1,135,210,442

Railway bonds on 171, 866 miles railway,

1892 (Poor's Manual, '93) 5,463,611,204

The average farm and home debt shown

by tabulation of partial returns from

counties distributed throughout the

Union, is $1,288 for farm and $924 for

homes. If this average holds good for

the United States, there is an existing

debt in force, on the farms and homes

of the United States occupied by owner

(R. B. Porter, Supt. nth Census, in

North American Review, Vol. 153,

page 618) of. 2,500,000,000

Mortgaged Indebtedness of Business

Realty, Street Railways, Manufactories

and Business enterprise (estimated from

partial reports of i ith Census) 5,000,000,000

Loans from 3,773 National Banks (Sta- tistical Abstracts of the United States ) 2,153,769, 806 Loans from 5,579 State, Saving, Stock

and Private Banks and Trust Com- panies (Statistical Abstracts of the

United States) 2,201,764,292

��If the same progressive ratio of increase is added to these figures that maintained from 1880 to 1890, over 5,000 million should now be added to the items above given.

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