Rensselaer Semi-Weekly Republican, Volume 41, Number 7, Rensselaer, Jasper County, 2 October 1908 — SAYS WEALTH IS DISTRIBUTED. [ARTICLE]

SAYS WEALTH IS DISTRIBUTED.

Chief Statistician of Census Bureau Writes on “The Assets of the United States.” The nation’s wealth is not to the hands of a few, according to I* G. Powers, chief statistician of the census bureau at Washington. Writing cm “The Assets of the United States” in the September number of tbe American Journal 'of issued recently from the University of Chicago press, Mr. Powers has tbe following to say of the concentration of wealth In America: “If we start with the value of farms and other homes which are known to be owned by men of small possessions, the savings bank deposits and other known possessions of those of moderate means, and then add the lowest popular estimates of the possessions of our millionaires, we have an aggregate far in excess of the census appraisal of national wealth, and the conclusion under such circumstances Is irresistible either that the census estimates are ridiculously email or the popular estimates of the wealth of our millionaires are greatly exaggerated.

“The writer does not find any evidence that would justify either the statement that our national wealth to grossly understated or that our millionaires own so large a share of that wealth as to leave the great majority without property.”

Taft to making a good impression by his thoughtful speeches. Bryan to as clever and as interesting as ever—and as superficial.—Mllwauke Evening Wisconsin.