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The circulation per capita has increased about $5 during the time covered by the table referred to. The total coinage of silver dollars was on November 1, 1889, $343,638,001, of which $283,539,521 were in the Treasury vaults and $60,098,480 were in circulation.
I apprehend that farmers and mechanics were more profane, and drank, per capita, more cider and rum for twenty years succeeding the war than at any other period in our history.
Merchants and capitalists furnish the means of carrying it on; manufactures, for which the negroes are exchanged, are the products of her workshops; the slaves, when captured, instead of being returned back to their homes are transferred to her colonial possessions in the West Indies and made the means of swelling the amount of their products by a system of apprenticeship for a term of years; and the officers and crews who capture the vessels receive on the whole number of slaves so many pounds sterling per capita by way of bounty.
To correct gross evils and restore good conditions is no slight task; but to substitute the best for the worst is a great achievement. This San Francisco has done in several marked instances. There was a time when about the only thing we could boast was that we spent a less sum per capita than any city in the Union for the care of hospital patients.
The six million people of the East enjoyed three times as many banking facilities, when we consider the amount of money in circulation, as the seven million Southerners and Westerners. New York alone had a banking capital of $28,000,000, Massachusetts $21,000,000, and the per capita circulation of money in the East was nearly $9, while that of the West was $2.
Estimating our population at 75,194,000 at the time mentioned, the per capita circulation was $25.09. On the same date there was in the Treasury gold bullion amounting to $138,502,545.
Livy, speaking of the Roman army in Spain, says that for the loss of the two brothers, their great captains: "Flere omnes repente, et offensare capita." 'Tis a common practice.
The estate was not divided per capita, but among families as a whole; for example, if of two sons one only was alive, but the other had left children, the testator's surviving son received one half of the patrimony and his grandchildren through his other son the other half, to be divided among them severally. If, then, there were six grandchildren, each received one twelfth of the estate.
The imports per capita are 20 per cent less than in 1870, while the exports per capita are 58 per cent more than in 1870, showing the enlarged capacity of the United States to satisfy the wants of its own increasing population, as well as to contribute to those of the peoples of other nations. Exports of agricultural products were $784,776,142.
The per capita rate of taxation here is lower than in any other civilized country. What we have done has been accomplished without spending vast sums of money or resorting to military measures. The results obtained are very largely due to the faithfulness and efficiency of Dr.
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