The effect of the war and the consequent abolition of slavery on the valuation of property in the Southern States is clearly shown by the figures.

In all comparisons of value between the different periods, it must be borne in mind, that, in 1870, gold was at an average premium of 25.3 per cent. To equate the valuation with those of other years, there must be a reduction of one-fifth on the reported valuation of 1870, both "true" and "assessed."

The four periods exhibit a more rapid accumulation of wealth in the
United States than was ever known before in the history of the world.

STATES 1850. 1860. 1870. 1880. STATES
AND Assessed Assessed Assessed AND
TERRITORIES. True Value. Value. True Value. Value. True Value. Value. True Value. TERRITORIES.

Alabama . . . . . . . . . $228,204,332 $432,198,762 $495,237,078 $155,582,595 $201,835,841 $122,867,228 $428,000,000 . . Alabama.
Arizona . . . . . . . . . . . . . . . . . . 1,410,295 3,440,791 9,270,214 41,000,000 . . Arizona.
Arkansas . . . . . . . . 39,841,025 180,211,330 219,256,473 94,528,843 156,394,691 86,409,364 286,000,000 . . Arkansas.
California . . . . . . . 22,161,872 139,654,667 207,874,613 269,644,068 638,767,017 584,578,036 1,343,000,000 . . California.
Colorado . . . . . . . . . . . . . . . . . 17,338,101 20,243,303 74,471,693 240,000,000 . . Colorado.
Connecticut . . . . . . . 155,707,980 341,256,976 444,274,114 425,433,237 774,631,524 327,177,385 799,000,000 . . Connecticut.
Dakota . . . . . . . . . . . . . . . . . . 2,924,489 5,599,752 20,321,530 118,000,000 . . Dakota.
Delaware . . . . . . . . 21,062,556 39,767,233 46,242,181 64,787,223 97,180,833 59,951,643 130,000,000 . . Delaware.
District of Columbia . . 14,018,874 41,084,945 41,084,945 74,271,693 126,873,618 99,401,787 220,000,000 . . District of Columbia.
Florida . . . . . . . . . 22,862,270 68,929,685 73,101,500 32,480,843 44,163,655 30,938,309 120,000,000 . . Florida.
Georgia . . . . . . . . . 335,425,714 618,232,387 645,895,237 227,219,519 268,169,207 239,472,599 606,000,000 . . Georgia.
Idaho . . . . . . . . . . . . . . . . . . . 5,292,205 6,552,081 6,440,876 29,000,000 . . Idaho.
Illinois . . . . . . . . 156,265,006 389,207,372 871,860,282 482,899,575 2,121,680,579 786,616,394 3,210,000,000 . . Illinois.
Indiana . . . . . . . . . 202,650,264 411,042,424 528,835,371 663,455,044 1,268,180,543 727,815,131 1,681,000,000 . . Indiana.
Iowa . . . . . . . . . . 23,714,638 205,168,983 247,338,265 302,515,418 717,644,750 398,671,251 1,721,000,000 . . Iowa.
Kansas . . . . . . . . . . . . 22,518,232 31,327,895 92,125,861 188,892,014 160,891,689 700,000,000 . . Kansas.
Kentucky . . . . . . . . 301,628,456 528,212,693 666,043,112 409,544,294 604,318,552 350,563,971 902,000,000 . . Kentucky.
Louisiana . . . . . . . . 233,998,764 435,787,265 602,118,568 253,371,890 323,125,666 160,162,439 382,000,000 . . Louisiana.
Maine . . . . . . . . . . 122,777,571 154,380,388 190,211,600 204,253,780 348,155,671 235,978,716 511,000,000 . . Maine.
Maryland . . . . . . . . 219,217,364 297,135,238 376,919,944 423,834,918 643,748,976 497,307,675 837,000,000 . . Maryland.
Massachusetts . . . . . . 573,342,286 777,157,816 815,237,433 1,591,983,112 2,132,148,741 1,584,756,802 2,623,000,000 . . Masschusetts.
Michigan . . . . . . . . 59,787,255 163,533,005 257,163,983 272,242,917 719,208,118 517,666,359 1,580,000,000 . . Michigan.
Minnesota . . . . . . . . . . . 32,018,773 52,294,413 84,135,322 228,909,590 258,028,687 792,000,000 . . Minnesota.
Mississippi . . . . . . . 228,951,130 509,472,912 607,324,911 177,278,800 209,197,345 110,628,129 354,000,000 . . Mississippi.
Missouri . . . . . . . . 137,247,707 266,935,851 501,214,398 556,129,969 1,284,922,897 532,795,801 1,562,000,000 . . Missouri.
Montana . . . . . . . . . . . . . . . . . . 9,943,411 15,184,522 18,609,802 40,000,000 . . Montana.
Nebraska . . . . . . . . . . . 7,426,949 9,131,056 54,584,616 69,277,483 90,585,782 385,000,000 . . Nebraska.
Nevada . . . . . . . . . . . . . . . . . . 25,740,973 31,134,012 29,291,459 156,000,000 . . Nevada.
New Hampshire . . . . . . 103,652,835 123,810,809 156,310,860 149,065.290 252,624,112 164,755,181 363,000,000 . . New Hampshire.
New Jersey . . . . . . . 200,000,000 296,682,492 467,918,324 624,868,971 940,976,064 572,518,361 1,305,000,000 . . New Jersey.
New Mexico . . . . . . . 5,174,471 20,838,780 20,813,768 17,784,014 31,349,793 11,363,406 49,000,000 . . New Mexico.
New York . . . . . . . . 1,080,309,216 1,390,464,638 1,843,338,517 1,967,001,185 6,500,841,264 2,651,940,006 6,308,000,000 . . New York.
North Carolina . . . . . 226,800,472 292,297,602 358,739,399 130,378,622 260,757,244 156,100,202 461,000,000 . . North Carolina.
Ohio . . . . . . . . . . 504,726,120 959,867,101 1,193,898,422 1,167,731,697 2,235,430,300 1,534,360,508 3,238,000,000 . . Ohio.
Oregon . . . . . . . . . 5,063,474 19,024,915 28,930,637 31,798,510 51,558,932 52,522,084 154,000,000 . . Oregon.
Pennsylvania . . . . . . 722,486,120 719,253,335 1,416,501,818 1,313,236,042 3,808,340,112 1,683,459,016 4,942,000,000 . . Pennsylvania.
Rhode Island . . . . . . 80,508,794 125,104,305 135,337,588 244,278,854 295,965,646 252,538,673 400,000,000 . . Rhode Island.
South Carolina . . . . . 288,257,694 489,319,128 548,138,754 183,913,337 208,146,989 133,560,135 322,000,000 . . South Carolina.
Tennessee . . . . . . . . 201,246,686 382,495,200 493,903,892 253,782,161 498,237,724 211,778,538 705,000,000 . . Tennessee.
Texas . . . . . . . . . . 52,740,473 267,792,335 365,200,614 149,732,929 159,052,542 340,364,515 825,000,000 . . Texas.
Utah . . . . . . . . . . 986,083 4,158,020 5,596,118 12,565,842 16,159,995 24,775,279 114,000,000 . . Utah.
Vermont . . . . . . . . . 92,205,049 84,758,619 122,477,170 102,548,528 235,349,553 86,806,775 302,000,000 . . Vermont.
Virginia . . . . . . . . 430,701,082 657,021,336 793,249,681 365,439,917 409,588,133 308,455,135 707,000,000 . . Virginia.
Washington . . . . . . . . . . 4,394,735 5,601,466 10,642,863 13,562,164 23,810,693 62,000,000 . . Washington.
West Virginia . . . . . . included in Virginia 140,538,273 190,651,491 139,622,705 350,000,000 . . West Virginia.
Wisconsin . . . . . . . . 42,056,595 185,945,489 273,671,668 333,209,838 702,307,329 438,971,751 1,139,000,000 . . Wisconsin.
Wyoming . . . . . . . . . . . . . . . . . . 5,516,748 7,016,748 13,621,829 54,000,000 . . Wyoming.

Total for U. S. . . . . $7,135,780,228 $12,084,560,005 $16,159,616,068 $14,178,986,732 $30,068,518,507 $16,902,993,543 $43,642,000,000 . . Total for U. S.

APPENDIX F.

OWNERSHIP AND LOCATION OF PROPERTY.

In the following table, the column headed "Location" gives the valuation of the property located in each State and Territory, by the Census of 1880. The column headed "Ownership" gives the value of property owned by the residents of the several States and Territories, wherever that property may be located. Some interesting results are shown. Residents of New York own thirteen hundred millions of property not located in their State; residents of Pennsylvania, four hundred and fifty millions. Many of the States show a large proportion of their property owned elsewhere. Considerably more than half the property of Nevada is owned outside the State. The whole table presents one of the most interesting deductions of the Census Bureau.

STATES
AND Ownership. Location.
TERRITORIES.