341] The Condition of the Western Farmer. 63 



These figures may be hastily passed over, for they prove little 

 except that the three classes of land have been subjected 

 to the same influences, as in trading, to such an extent that 

 there is no great difference at present in the average amount 

 to which they are mortgaged. It is shown, however, that 

 the proportion of acres of lands derived directly from the 

 government, which have been mortgaged, is not yet so 

 large as that of land derived through the railroad company. 

 The variation in the debt per acre on the school lands is 

 due to the fact that in most cases the debt is not borrowed 

 money, but simply the unpaid remainder of the purchase 

 money. 



XIV. REAL ESTATE MORTGAGES ON GOVERNMENT, 

 RAILROAD AND SCHOOL LANDS. 



1 This 160 acres has not yet been sold by the State. 



3. The real estate mortgages are next to be classified into 

 those upon lands owned by residents and those on lands 

 owned by non-residents, with a view to seeing whether the 

 actual burden of the former class is greater or less than the 

 average burden for the whole class of present owners as 

 shown previously. Table XV. shows the general figures 

 as to the distribution of all farms and of mortgaged farms, 

 and of all acres and of mortgaged acres, between residents 

 and non-residents. It shows also the amount of debt owed 

 bv each of these classes. 



