If then the average debt of these 809,831 families is $1,293 and the rate per cent for it is 6.23 per cent per annum, every one of them [SN: AVERAGE OF INTEREST.] is, therefore, a subject to the principle of dividogenesure at the rate of $80.55 a year. It must, however, he understood that the averages indicate only the general truth, and always conceal the particular miseries and distress of many millions of the people. And I understand that many of these debtors have been in the gainful pursuits spoken of by Mayo-Smith, and hence the dividogenesure presses upon them from two or even more sides. But it is only the next census that will show us the situation these debtors are in. Let us now speak about the cities and towns with one side of which we have become acquainted in the preceding chapter. CITIES AND TOWNS. “There are 420 cities and towns that have a population of 8,000 to 100,000, and in these “cities [SN: OWNERS OF THE CITIES FOUND AMONG 414,544 FAMILIES.] and towns 64.04 per cent,” i. e., 1,120,433 “of the home families hire and 35.96 per cent,” i. e., 629,146 families “own their homes, and of the home-owning families 34.11 per cent,” i. e., 214,602 “own with encumbrance and 65.89 per cent,” i. e., 414,544 “own free of encumbrance. The liens on the owned homes are 39.55 per cent of the value of those subject to lien. Several averages show that the rate of interest is 6.29 per cent; value of each owned and encumbered home is $3,447; lien on the same is $1,363.” (See Appendix I.) So that these debtors of the 420 towns and cities are also subject to the principle of dividogenesure at the rate of $85.73 each per every year, as long as the mortgages remain in force and are not foreclosed. “The cities that have a population of 100,000 and over” (up to millions) “number 28, and in these cities 77.17 per cent,” i. e., [SN: OWNERS OF THE LARGE CITIES FOUND AMONG 276,744 FAMILIES.] 1,503,911 “of the home families hire and 22.83 per cent,” i. e., 444,923 “own their homes; 37.80 per cent,” i. e., 168,179 of the latter families have encumbrance and 62.20 per cent,” i. e., 276,744 families are free of encumbrance. Averages for owned and encumbered homes are: Encumbrance, $2,337; value, $5,555; rate of interest, 5.75 per cent. Homes are encumbered for 42.07 per cent of their value.” This is the largest average encumbrance among all encumbered homes and farms. So that every debtor in these 28 large cities (and there are 9 of them in every 100) is a subject to the principle of dividogenesure at the rate of $134.37 each in every year as long as the mortgage is in force and is not foreclosed. It is after the foreclosure that the debtor cannot even redeem his mortgaged property; he has then to remain propertyless. Let us now sum up the preceding conclusions in a tabular way, as follows: United States Farms and Homes.