Democratic Sentinel, Volume 18, Number 5, Rensselaer, Jasper County, 16 February 1894 — Wealth of the Whole World. [ARTICLE]

Wealth of the Whole World.

In 1885 Professor Adolph Soetbeer, of Gottingen, Germany, published an essay on the production of the precious metals, since become a famous reference book. He gives a table of the estimated “total monetary supply of the precious metals,” at the close of 1885, in which he places the supply of gold at 13,364,000,1)00 marks, and that of silver at 7,843,000,000 marks, a total of 21,207,000,000 marks, equal to about $5,300,000,000. Since then the coinage has gone on merrily, so that now perhaws there aie $6,000,000,000 of gold and silver coin. That would give about $6 to each man, woman and child on the earth, accepting the usual estimate that the population of the world is, in round numbers, 1,000,000,000.—5 t. Louis Globe-Democrat.