408    GENERAL SUMMARY OP THE STATE.

3,389. The steam horse power is now rated at 9,262; the improv-
ed water power, 69,254; capital invested, $ 42,562,900 ; males em-
ployed, 31,409 ; females, 16,667 ; annual amount paid for labor,
$19,945,500; value of all goods manufactured, $95,995,500. This
is an increase, in vajue of goods, of over $ 24,000,000, since 1870.

Resources. Productions of the soil, $ 22,473,547 ; mechanical la-
bor $ 19,995,500 ; stocks and money at interest, $ 10,454,187 ; de-
posits in savings banks, in the State, ¹ $ 22,132,399 ; stock in trade,
$8,362,586. The assessed valuation of th.e State, in 1872, was
$ 153,187,177. These assessments are made on a basis of two-thirds
of the actual value of the property assessed. For instance, a town
having savings bank deposits of $ 150,000, was only placed at
$ 100,000 in assigning the proportional tax, which belonged to the
several towns to pay as their share of the State tax, on every one
thousand dollars raised. This is expressly against the law, provided
for in the assessment of property for taxes, but a constant and grow-
ing practice goes far ahead of any New-Hampshire Statute Law.

The total number of ratable polls, in the State, in 1872, was 82,
919; total town debts in the State, over available assets, was $ 4,
768,582.73; total tax committed to the collectors was $ 2,610,263.
75; in 1873, it was $2,376,495.03; the total State debt, in 1872,
was $ 4,138,124.26; in 1873, $4,132,160.82.

Professional Business, &c. In 1870, there were in New-Hamp-
shire, engaged in professional business, trade and transportation,
27,046 persons, or 82 per cent, of the population. This class consists
of clergymen, physicians, lawyers, bankers, teachers, of every pro-
fession, merchants, peddlers, soldiers of U. S. army, hotel keepers,
clerks, book-keepers, day laborers, hucksters, railroad and express
managers, and their employees, telegraph operators, sailors, &c. As
a basis, call their pay each at $ 600 per annum, and it would amount
to $ 16,227,600. This is a low estimate, and might be much higher,
if the actual figures could be obtained. The stock and money at in-
terest is probably over $ 20,000.000, for it depends wholly on the
statement of those persons holding them, and they use the argu-
ment that other people are not taxed on the full value of their
property.

1

It is estimated, that the people of New-Iiampshire have over $ 10,000,000 deposited in the
various savings banks in Massachusetts. This takes out of New-Hampshire $100,000 as taxes,
and places $ 75,000 in the treasury of Massachusetts. The people of New-Hampshire have al-
ways catered to the interests of the Bay State.