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UNITED STATES : — VERMONT

Finance, Defence. — The revenup and expenditure for the year eiidino; June 30, 1912, were : —

Dollars

Cash balance July 1, 1911 566,141

Receipts 2,303,755

Total Disbursements

2,869,896 2,350,508

Cash balance July 1, 1912 519,388

The State debt in 1910 was 346,632 dollars. The assessed value of real

property in 1909 was 141,929,051 dollars, and of personal property,

43,897,747 dollars ; total, 185,826,798 dollars.

The militia, called the National C4uard of Vermont, had, in 1910, 749

enlisted men (cavalry and infantry) and 54 officers.

Production and Industry. — Agriculture is the most important occupation within the State. In 1910 the State contained 32,709 farms with a total area of 4,663,577 acres, of which 1,633,965 acres was improved land. The chief agricultural crop is hay (1,515,000 tons in 1912), but cereals are still grown in large quantities ; in 1912 the yield of oats Avas 3,311,000 bushels; of maize, 1,800,000 bushels ; wheat, 25,000 bushels in 1912 ; and barley, 455,000 bushels. The production of potatoes in 1912 was 3,640,000 bushels ; of tobacco, 170,000 pounds ; apples, and maple sugar and syrup are importaiit. Cattle raising, especially of milk cows, is one of the chief agricultural pursuits. In 1910 the farm animals com})rised 285,000 milk cows, 210,000 other cattle, 94,000 horses, 229,000 sheep, and 95,000 swine. In 1911 the wool clip from 90,000 sheep yielded 585,000 2)0unds of wool valued at 128,700 dollars.

The forests of the State provide material for extensive timber and lumber trade, and flourishing wood pulp manufxctut-e. Other industries are flour- milling, foundry and machine-shop work, and the manufacture of hosiery and other woollen goods. According to the returns of the Federal census of manufactures in 1910, there were in Vermont 1,958 manufacturing establish- ments Avith an aggregate capital of 73,470,000 dollars, paying wages to the annual amount of 17,272,000 dollars, using raw material costing 34,823,000 dollars, and giving an output valued at 68,310,000 dollars.

The following are the statistics of the more important industries in 1910 : —

Industries.

Capital.

Wage- earners.

Cost of material

Value of output

Foundries

Lumber and timber .... Marble and stono ....

Paper and pulp

Woollens and felt . . . .

Dollars.

4,959,000 8,989,000 17,243,000 8,432,000 6,90^,000

Number. 1,8C0 4,790 10,411 1,0:J0 2,294

Dollars 1,335,000 4,181,000 2.578,000 2.455,000 2,879,000

Dollars 3,755.000 8,598,000 12,395,000 3,902,000 4,497,000

The marble quarries, first opened in 1785, produce half of the marble of the United States. In 1911 the marble output of Vermont was valued at 3,394,930 dollars. The granite quarries gave an output valued at 2,730,719 dollars ; and limestone 19,702 dollars ; slate 1,624,941 dollars. Fibrous talc was extracted worth 200,015 dollars. Metals occur onl}^ in small quantities. The total mineral output in 1911 was valued at 8,434,516 dollars.

There are (1910) 1,100 miles of railway in the State chiefly managed by the