The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1889-10-29
WHO OVENS THE UNITED STATES


ton is that wealth is yet very much
more evenly distributed in this coun-
try than IN England. Mr.. Thos. G..
Shearman, the well known New York
statistician, has been engaged for
some timein collecting facts TO show
as precisely asepossible the proportion
of the wealth of the country held by a
few rich men and families; and he
finds greater concentration of wealth
here than in any other country. The
results of his investigation will appear
in The Forum for November, from
advance sheets-of which the following
facts are taken. Mr.. Shearman makes
the following enumeration of owners
of more than S2O,OOO,OO0 each: -5
S150OO0,000: J. J. Astor, Trinity
Church.
S1OOOOO,OOO: G. Vanderbilt w. K.
Vanderbilt, Jay Gould, Leland Stan
ford, J. d. Rockefeller.
S7O,0O0,000: estate of A. Packer
S60000,000: John 1. Blair, estate of
Charles Crocker. ~.
S5OOO0,OO0: VIM. Astor, w w. As
tor, Russell Sage, E. A. Stevens, es-
tate of Moses Taylor, estate of Brown
& Ives. --a-z g. ~ d,
S4OOO0,OOO: P. d. Armour, F. L.
Ames, Wm. Rockefeller, II. M. Flag
Ter, Powers & Weightman,- Estate of
2. Goelet.
S35,0OO,OOO: G. p. Huntington, ID.
0. Mills, estates of Z. A. Scott, ]. w.
Garrett. .--.
S30000,000: G. b. Roberts, Charles
Pratt, Ross Winans, E. b. Coke, Claus
Spreckels, A. Belmont, r. j. Living
ston, Fred Weyerhauser, Mrs. Mark
Hopkins, Mrs. Hetty Green, estates
of S. V. Harknes, r. w. Coleman, L.
NJ. Singer s.s -
S25,OOO,OOO: A. J. Drexel, j. S.
Morgan, J. p. Morgan, Marshall
Field. David Dows, J. G.. Fair, E. T.
Gerry, estates of Gov. Fairbanks, A.
T. Stewart, A. Schermerhorn.
S22,500,000: o. II. Payne, estates of
F. A. Drexel, l. V. Williamson, w. f.
Weld. -.-... -------- .-.-
S2O,0O0,O00: V. w. Vanderbilt,
Theo. HayeHleyyer, H. o. HaYemeyer,
w. G. Warden, w. p. Thompson, Mrs.
Schenley, J. b. Haggin, ii. A.
Hutelins, estates of w. Sloane, E. S.
Higgins, G. Tower, VIM. Thaw, DIR.
Hostetter, VIM. Sharon, Peter Dono-
hue.
These 20 names represent an ag-
gregate of S2,7OOOO0,OOO, an average
Of more than S3T,500,OOO each. AL
though Mr.. Shearman, in making
this estimate, did not look for less
than twenty millionaires, he discov-
cred incidentally fifty others worth
more than S1O,0OO,OOO each; and he
says that a list of ten persons
can be made whose wealth
averages S100,0O0,O00 each; and an.
other list OF one hundred persons
whose wealth averages S25,O80OO0.
No such list can be made up in any
other country. The richest dukes of
England" he says, ''fall below the
average wealth OF a dozen American
citizens, while the greatest bankers,
merthants, and railway lnagnates of
England cannot compare in wealth
with many Americans"
The average annual income of the
richest hundred Engishmen is about
$450,O00, but the average annual in
come of the richest hundred Ameri-
cans cannot be less than S1,2O0,OO0,
and probably exceeds S., 100000. The
richest of the Rothschilds, and the
world renowned banker, Baron Over
stone, each left about $17,000,0O6
Earl Dudley, the owner OF the richest
iron mines, left S20,0O0,00O, The Duke
of Buccleuch land the of Duke Buc.
cleuch carries half of Scotland in his
pocket left about S30,O00,000 Tile
Maques of Butte was werths IN 1872
about $2S,000,000 in land; and he may
now be worth $40,0O0OOO in all. The
Duke of Norfolk may be worth S40,.
100000, and the Duke of Westminster
perhaps $50,000,000.
Mr.. Shearman's- conclusion is that
25,OOO persons own one-half the wealth
of the United States; and that the
whole wealth of the country is prac.
tically owned by 250,000 persons. ol
one in sixty of the adult male popula-
tion; and he predicts, from the rapid
recent concentration of wealth, that
under present conditions $1,000 per-
sons will practically own all the wealth
of the country in thirty years-or
less than one in 500 of the adult male
population. ---...--
Eupepsy.
This is what you ought to have, in
TACT, y0u must have it, to fully enjoy
LIE, Thousands are searching for il
daily, and mOurAing because theV find