THE CITY 



As compared therefore with other countries, New York is a city 

 of cities. It contains within its borders a Hamburg, a Dublin, a 

 Moscow, a Milan. Our responsibility toward these peoples is recog- 

 nized on every side in the prodigious efforts which are being made to 

 provide for their education, to uplift them, to imbue them with our 

 patriotism. 



WEALTH 



The wealth of the city is also shown in diagrams based on the 

 census of 1900. These diagrams bring out the striking fact, which 

 is hard to realize, that the wealth of New York is equivalent to that 

 of the ten greatest cities of the United States put together. The ten 

 cities included in this estimate are, in the order of population and 

 wealth : Chicago, Philadelphia, St. Louis, Boston, Pittsburg, Baltimore, 

 Cleveland, Buffalo, San Francisco, Cincinnati. 



Again the figures of 1910 are likely to be still more striking, for in 

 1908 the figures based upon the total assessed valuation of all taxable 

 property, personal and real, were as follows: 



New York $7,158,190,400 



Ten next largest American cities 6,036,185,691 



Economists will point out at once that while New Y r ork is wealthy, 

 it also has an enormous bonded indebtedness. Here again the com- 

 parative figures as assembled by the Century Magazine in 1909 are 

 interesting, as follows: 



Gross funded debt of New York $785,985,128 



Total gross funded debt of the ten next largest Amer- 

 ican cities 404,700,393 



To offset this great funded debt it should be kept in mind that New 

 York is absolutely unique among all the cities not only of America but 

 of the world in its recent public improvements, in its streets, its bridges, 

 in its free college and high schools, and last but not least, in its three 

 great museums, its Zoological Park, its Aquarium, its Public Library. 

 What other nations and states have done, this imperial city has done 

 unaided by state or nation, but greatly aided by the individual gifts 

 of its citizens. 



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