Excerpt from Political Science Quarterly, 1893, Vol. 8: A Review Devoted to the Historical Statistical and Comparative Study of Politics, Economics and Public Law
In these twenty-two states thirty-two per cent of the farm families and sixty-three per cent of the home families are tenants. Among the farm-owning families thirty per cent carry incumbrances averaging on farms whose average value is among home-owners, twenty-nine per cent carry incumbrances, with an average debt of on an average value of Until the census shall determine, it may be assumed that there are farms in the United States, leaving families that occupy homes that are not farms.
Computing, now, the number of tenant families, and allow ing $150 above debts to each farm-tenant family and $500 above debts to each home-tenant family, we are able at once to set aside fifty-two per cent of the families of the country as worth less than one-twentieth of the nation's wealth, the total amount of this wealth being estimated at about sixty billions of dollars. For the South, containing about one-third of the nation's population, these allowances above debts are too large; they may be too small for some states elsewhere.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.show more