The Scientific Monthly, October to December, 1915Various
Science
The Scientific Monthly, October to December, 1915
Various
Science -- Periodicals; Technology -- Periodicals
The state debt, however, rests still more easily on the
shoulders of the average citizen, being only one third as great
as that of the nation. The total state indebtedness in 1913 was
$422,797,000, and the net debt--that is, the total debt less
sinking-fund assets--was $345,942,000, or $3.57 per capita. The
net debt increased by 44.5 per cent. between 1902 and 1913, and
the per capita net debt by 18 per cent.
The total county debt in 1913 amounted to $393,207,000, of
which amount $371,528,000, or $4.33 per capita, was net debt.
The net indebtedness increased by 89 per cent. between 1902 and
1913, and the per capita net indebtedness by 55 per cent. By
far the greatest item of indebtedness in this country is that
of municipalities. This amounted in 1913 to an aggregate of
$3,460,000,000, of which $2,884,883,000, or $54.27 per capita,
represented net indebtedness. The rate of increase in net
indebtedness between 1902 and 1913 was 114 per cent.
While the nations of Europe are involving themselves in the
toils of debts, we should use our vast surplus wealth to pay
the national, state and municipal debts, even those contracted
for public improvements. We save every year about $100 for each
adult and child of the country and waste about an equal sum. It
would be well if this wealth could be invested for the benefit
of each, and education and scientific research are the most
productive of all investments.
SCIENTIFIC ITEMS
WE record with regret the death of Karl Eugen Guthe, professor
of physics in the University of Michigan and dean of the
Graduate School, in Hanover, Germany; of John Howard Van
Amringe, long dean of Columbia College and professor of
mathematics; of Carlos J. Finlay, known for his advocacy of the
theory that yellow fever is transmitted by mosquitoes; of A. J.
Herbertson, of Wadham College, Oxford, professor of geography
in the university; of Julius von Payer, the distinguished polar
explorer and artist, of Vienna, and of Guido Goldsehmiedt,
professor of chemistry in the University of Vienna.
DR. JACQUES LORE, of the Rockefeller Institute for Medical
Research, has been elected a foreign fellow of the Linnean
Society, London.--Dr. David Bancroft Johnson, president of
Winthrop Normal and Industrial College, of Rockhill, S. C., has
been elected president of the National Education Association,
in succession to Dr. David Starr Jordan, chancellor of Stanford
University.
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