Evening Republican, Volume 22, Number 224, Rensselaer, Jasper County, 16 September 1919 — Richest of Nations [ARTICLE]

Richest of Nations

United States Is-Put Far in Lead by British Expert. Germany Holds Second Place and England Third, According to Professor Stamp’s Statistics. London. —While the brain might reel at the many figures unloaded at a meeting of the Royal Statistical society, some interesting details as to the world’s., wealth can be extracted from a paper written by Prof. J. C. Stamp. Comparing the prewar wealth and income of England, Germany and the United States, Professor Stamp computes the respective totals at: *•- Wealth. Inco.-w. England 4 71.5C0.000.000 $11,250,000,000 Germany 82,750,000,000 10,750.000,000 United States..'.. 210.000,000,000 36,250,000,000 On a per capita basis also, America comes out easily the richest country

in the world. The capital per head of the population, according to Professor Stamp, -was, before the war: Capital. Income. England $1,500 s2oo Germany 1,220 150 United States 2,120 360 All these figures must be considerably inflated to obtain the current year’s capital and Income, but the increase would certainly be biggest in the case of the United States, which could boast at least treble its prewar wealth. The thrifty habits of the French nation were reflected, said Professor Stamp, in a capital of $1,515 per head, while Italy and Australia had only $640 and $605, respectively. He compute? Japan’? capital at $12,000,000,000, or on a per capita basis, $220 capital, and S3O income per head of population. The capital and Income of Spain was probably as low as any In Europe, the income per head not exceeding $55. «