Democratic Sentinel, Volume 2, Number 46, Rensselaer, Jasper County, 27 December 1878 — Debts of France and England. [ARTICLE]

Debts of France and England.

The national debts of France and England are now not far-apart in amonnt, that of France being a little the larger. The French debt is held by 4,380,900 persons, being an average of about $855 to each holder! England’s debt, on the other hand, by the late returns, is held by about 300,000 persons, being on an average of about $12,500 to each holder. In France, the masses of the people seem to be the bondholders; in England, the capitalists instead. Jp France there

are about 7,500,000 land-owners, of whom some 5,000,000 have little plots of about six acres, as an average. In England the number of land-owners is put down at 1,173,000. In France one person in five is a land-owner; in England, one in thirty. In England, however, 850,000 of these owners have in the aggregate but 188,000 acres, being an average of a trifle more than one-fifth of an acre each.