Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1889-10-25
s,s, + A. stevens Estate Of Moses Taylor.

sage. F. A. Stevens, Estate OF Moses Taylor
Estate Of Brown & Ives.
snCOC00. p D. Armour, F. I. Ames Vim.
Rockefeller, II. NJ. Flssler Powers x Weight
man. Estate Of P. Goelet
sS5.OCOCO0. C. p. Huntington, ID. o. Mills,
Estates OF T. A Scott. ". Garrett.
gS0OO0OOO. e. b Roberts, Charles Pratt, Ross
winaus Z b. Coke, Claus spreckes, A Belmont,
r. J. Livingston, Fred Weyerhauser, Mrs Mark
Hopkins. Mrs. Hetiy Green. EstatcsofS s. V. Hank
ness. r. ~ Coleman, l.. Il. Singer.
S-5O01.oo0. A. J. Drexel, J, s. Morgan, ]. p
Morgan. Marshall Field David Bows, J. g. Fair
+. T. Gerry, Estates OF Gov Fairchld, A. T.
Stewart, A. shermeIhorn.
s2500000. o. H. Payne, Estates OF F. A.
Dre1el. l. y. williamson, w. F. Weld.
sa0C00OoO. +. W Vanderbilt, Theo. Have
meyer. Il. q. Havemeyer. ". G. Warden, W. P.
Thompson, Mrs. schenley, ]. B. Haggin, Il. a
Hu.chins. Estates Of vs.. sloane, E. S Higgins.
Tower, VIM. Thaw, DR.. Hosietter, Wm. Sharon
Peter Donohue.
These seventy names represent an aggre-
gate wealth Of s. 700, OOO 600, an average
Of more than S27, 500 600 each. Although
Mr. SHERMAN, in making this estimate,
did not Look for persons possessing
less than twenty millions, he
discovered incidentally fifty others
worth more than 10000 600 each; and he
says that list Of ten persons can BE- made
whose wealth averages 100000. 600 each,
and another list OF one hundred persons
whose wealth averages SOS. GOO 600. No
such lists can be made up in any other
country. THE richest dukes Of EoglsEd,"
he says, "iall below the average wealth Of
"A dozen Americans; while the greatest
baDkers, merchants, and railway msg-
mates Of England cannot compare in wealth
with many Americans. He continues:
The average annual income OF the richest
hundred Euglishraen IS about $4,000, but the
average annual income Of the richest hundred
Americans cannot be less than 81 100000, and
urobsblv exceeds g. $4,000 The richest Of
the Ro.hschilds and the world-renowned banker,
Baron Overs.oue, each leil about Sl1OOe,ooO
Karl Dudley. the ownerof the riches. iron mines,
iet SO oC000l The puke Of Bnccleuch land the
puke of Bucc.euch carries half Of Scotland in
his pickett LEFT about s30O.OOoO. The Marquis
of Butte was worth. in 1872, about s2s,o00oo0 In
land. and he may now be worth 100000 10
GIL The Duke OF Norfolk may be worth $4,000.
0oO and the Duke OF Yves minister perhaps ESQ.,
10000.
Mr.. SHEARMAN's conclusion Is that 25,-
600 people own one,half of the wealth Of
the Uaited States; and that the whole
wesl,h Of the country IS practically owned
~ $50, 600, or one in sixty of the sdult
male population; and he predicts, from
the rapid recent concentration Of wealth,
that under present conditions 81, 600 per
sons will practically own all the wealth Of
the country ia thirty yesrs-or less than
one in 500 Of the present adult male p0pu-
lation.
These figures are sufficient TO cause sober
people 60 pause and cast on anxious glance
st the future. OF the the present populs-
tiou, 10000, 600, one-quarter of million
at present practically own the wealth Of
the country. When $4,000 or less own it
all what will be the condition. A few
persons will be the masters and all The rest
Of the people practically their slaves. It
is O marked characteristic OF Americans
20 take everything easy, never 10 worry,
to be rather sksptical and to pOOh'pOoh
predictions OF sll kinds. But in these fig
ures Of Mr.. SHEARNAN there is ioOd fer
grave thought.