Jasper County Democrat, Volume 18, Number 59, Rensselaer, Jasper County, 23 October 1915 — Wealth of Belligerents. [ARTICLE]
Wealth of Belligerents.
Students of international politics never doubted that the allies would be successful in floating a loan of practically any size in this country. At the same time, they were equally certain that the Teutonic nations would have great difficulty in receiving credit to the extent of a billion or half a billion at the hands of American bankers. The reason is apparent from a glance at the figures showing the wealth of the nations involved. The bureau of statistics, department of commerce and labor, estimates the wealth of the tel’cgerents as follows: Great Britain and Ireland $80,000,000,000 France 65,000,000,000 Russia ... 40,000,000,000 Italy 20,000,000,000 V r .j Total wealth .. .$205,000,003,000 Germany $ 60,500,000,000 Austria-Hungary . 25,000,000,000 Total wealth ...$ 85,000,300,000 Both the allies and Teutons have a combined debt of approximately 8 per cent of their respective total wealths. But $1,000,000,000 is only 1-2 05th of the allies’ wealth, and l-85th of the Teutons.—Philadelphia Evening Ledger. i_ r The total land area of the nine provinces of Canada is placed at 1,401,316,413 acres. The area of farm land occupied in 1911 is 109,777,085 acres. It is estimated that within the boundaries of the nine provinces, as at present constituted, there is a total cultivable area of 440,951,000 acres.
