Rensselaer Semi-Weekly Republican, Volume 35, Number 84, Rensselaer, Jasper County, 26 June 1903 — THE WEALTH OE THE WORLD IS ESTIMATED TO BE $400,000,000,000 [ARTICLE]

THE WEALTH OE THE WORLD IS ESTIMATED TO BE $400,000,000,000

THE total wealth of the world, while not exactly known, has been estimated at $400,000,000,000, says Gunton’s Magazine. This is probably an underestimate of the actual amount of money and property in seml-clvllized lands. Of this total the greater part is owned by Americans and Europeans. The United States has somewhere near $100,000,000,000, or about one-fourth of the whole. The united kingdom is the richest country of Europe, its wealth being estimated at £11,806,000,000 or £302 per capita. Of the total England’s share was £10,062,000,000; Scotland’s £1,004,000.000; Ireland’s, £650,000,000. In American money (at $4.80 pound sterling) Great Britain’s wealth In 1895 was $56, 668,800,000. A recent estimate makes it $59,000,000,000, or $1,442 per capita (in 1901). The annual income of England's population is said to be $5,600,000,000, while the yearly saving is should be remembered that a large amohnt of British capital is also invested in the colonies of the empire and in foreign lands. France Is the next richest nation of Europe. Mulhall estimated its wealth In 1895 at £9,690,000,000. or £252 per capita. A recent estimate of France’s wealth makes $48,000,000,000, or $1,257 per capita (1901). According to Mulhall Germany’s wealth in 1895 was £8,052,000,000, or £l5O per capita. Prussia's share was more than half (£4.940,000,000); Bavaria’s, £949,000,000; Saxon)’s, £456,000,000; Wurtteraburg’s. £37,00,000, while the smaller German ' states had £1,337,000,000. According to a more recent estimate Germany’s vvealth is $40,000,000,000, or $709 per capita (1901). German money loaned or "'lnvested abroad amounts to $8,000,000,000 or more. Russia’s wealth in 1895, ns Mulhall estimated it, amounted to £6.425,000,000, or £6l per capita. A recent estimate places Russia’s wealth at $32,000,000,000, or about $296 per capita (estimating the population in 1891 at 108,000,000).