The Purposes of the Indebtedness of American Cities 1880 1912

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I Turning next to the part of the total water debt that each group and section has had, it is evident that here as in the case of the total debt the cities of Group I. And those of the North Atlantic section have had by far the largest share. The water debt of the largest cities (Group I. ) grew from 34. 7 per cent of the total in 1880 to 50 per cent in 1904 and 47. 2 per cent in 1912. With the single exception of 1880 they have had in each year a larger part of the total water debt than they h...ave had of the total population or total debt. In Groups II. , III. , and V. , there has been a tendency for their share of water debt to decline, as did their share of total population and of total debt. The water debt of the North Atlantic section became relatively smaller during each period, declining from 74. 4 per cent in 1880 to 64. 5 per cent in 1912, a decline not quite so great in its share of the population but greater than that in its share of total debt. However, this de- cline was less than one per cent by 1904 and the remaining nine per cent occurred during the next eight years.

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