Note 104 — Chapter V · MORTGAGOR FAMILIES.
Reading edition
Yet, it should be remembered that we do not here deal with the debts of Railroad Companies, Street Railway, Telegraph, Telephone and other companies and corporations; nor do we deal with the U. S. debt of $891,960,104; States, $228,997,389; Counties, $145,048,045; Municipalities, $724,463,060; School districts, $36,701,948, which in 1890 made the grand total of $18,027,170,546 including the debt under our consideration. But we deal with family-debtors, for whom debt is equal to ruin. Whereas debt to the others is prosperity.