STATE AND LOCAL EXPENDITURES 13 much greater importance. In two years, 1925 and 1926, capital expenditures exceeded 509, of the net total for all purposes. In the former year capital expenditures for high- ways alone amounted to more than 509%, of the net total for both capital and maintenance. Comparisons between capital expenditures for highways and total capital outlays and be- tween net total expenditures for maintenance and for capital indicate the overwhelming importance of the highway con- struction program in the finances of the state, beginning with the year 1923. Consideration of the relatively small amounts of capital outlays for other purposes suggests the inference that the state may have neglected to develop the plants needed in its social welfare and educational activities. That such may be the case is evident from the reports of the State Survey Commission.! StaTE ExPENDITURES IN Missourl CoMPARED WITH THOSE IN OTHER STATES? The expenditures of any state government take on added significance when compared with those of other states. It is only when compared with data for other states in the same region that the fiscal statistics of Missouri attain their full meaning. Accordingly, summary data for the expenditures of eleven states with comparable data for Missouri are presented in Tables 3, 4, 5, 6, and 7. Table 3 shows that in 1913 the net expenditures of Missouri were exceeded by 6° of the 11 states and in 1918, by 5* states. As has been seen, in 1923 and later years the expenditures of Missouri were relatively much larger than in 1913 and 1918. [t is not surprising, then, to find that when the data are com- bined for the years 1923 through 1928 the expenditures of Missouri were exceeded by only 3 states in the group, t See particularly the pamphlet entitled “Penal and Eleemosynary Supporting Data to the Report of the State Survey Commission. For further discussion of this subject see Chapter IX. * The expenditures considered in this section do not include payments for inter- est and debt redemption. Interest payments are discussed in Chapter II. Data in this section are on a fiscal year basis. % Minnesota, Illinois, Indiana, Ohio, Wisconsin, and Kentucky. $Same as footnote 8, except Kentucky.