Rensselaer Semi-Weekly Republican, Volume 20, Number 60, Rensselaer, Jasper County, 31 March 1899 — WEALTH OF THE UNITED STATES [ARTICLE]

WEALTH OF THE UNITED STATES

What the Figures of 1900 Are Expected to Show. The statistical table of the wealth of nations is a familiar one among treasury officials of various countries. According to the estimate of Mulhall, published in 1892, the wealth of nations was as follows tor the chief countries, for lands, farm utensils, bullion, cattle, houses, furniture, railroads, shipping, merchandise and sundries: United Statess6s,ooo,ooo,ooo United Kingdom 47,000,000,000 France 42,500,000,000 Germany 32,000,000,000 Russia- 25,000,000,000 Austria 19,000,000,000 Italy 14,500,000,000 Spain . 12.500,000,000 Australia 9,500,000,000 Belgium 5,000,000,000 Holland 4,900,000,000 Canada 4,900,000,000 Great Britain had heretofore been regarded as the wealthiest country in the world, owning half the ships, more than a quarter of the railroad properties, and having a capitalized wealth at home of $50,000,000,000. And, in respect to the average wealth per capita, England has been entitled to that distinction, the figures bring as follows: United Kingdomsl,2oo Denmark 1,150 France 1,120 Holland '. 1,080 United States..... 1,050 The Federal census of 1900 is to be a record-breaking one, according to all present indications. By the Federal census of 1890 the aggregate material wealth of the United States, compared with the wealth of Great Britain, was less in ships and merchandise, but exceeded in many other items. The real estate of this country was then valued at $39,000,000,000, the live stock at $2,000,000,000, the railroads at $8,000,000,000, manufactories and their contents at $3,000,000,000, mines and quarries $1,000,000,000, and gold and silver coin at $1,200,000,000. If the present rate of increase Is maintained, the total accumulated wealth of the United States will represent, by the census of 1900, not far from $110,000,000,000, or more than double that of Great Britain.