The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1893-02-14
SIGNS OF LIFE APPEARING

More than a year ago an article an
peared in the Forum from the pen i
Thos. g.. Shearman, a noted statisticis,
of New York. The reform press hm
made free use of the statistics found Il
the article, and every Alliance Dam,
in America has published them ovs
and over in different shapes. Their
have been used by lecturers until ever
Allianceman is familiar with them
Yet, whether dead or simply asen
many people have not seen them, and
we think they ought, and are willingt
help all we can to that end. We ms
Bro. Bailey on the street one dav ls
week. He had found a reference b
these figures in the National Bapfsl
and had reproduced the article in th
Recorder. He thought by all meas
the farmers ought to know the conteH
of the article and suggested that Vs
reproduce it, which we do, hoping at
the subject will make a lasting imps.
sion on every reader of THE PROGEE
sIvE FARMER. Here it is:
WHO OWNS THE UNITED STATES
In spite Of the rapid increase in ts
number Of millionaires in the Unite
States in recent years, the popular DO
ton is that wealth is yet very muGs
more evenly distributed in this count!
than in England. Thos. G.. Shearmsl
the we'll known New York statistiCial
has been engaged for some time in col
lecting facts to show as precisely q
possible the proportion of the wealthd
the country held by a few rich me-
and families, and he finds a create
| concentration of wealth here than 2
any other country. The results OF d
investigation appeared IN The Forah
Mr.. Sherman makes an enumeratla
of owners of more than $2O,OOO,Wy
each, comprising seventy names WIG
represent an aggregate wealte Oh =
700, 900, 900, an average OF more Una
$37, 500, 900 each. Although Mr.. Snea
man. in making this estimate, dla D.
look for less than twenty mIlllonaIs
he discovered incidentally fifty oIna
worth more than $40, 900, 600 each; ~
he saws that a list of ten persons "
be made whose wealth averages ~
OOO 600 each, and another LIST Oh
hundred persons whose wealth. a'I
ages 1915. 600, 900. No such llst can
made up in any other country. cav
richest dukes of England. 40 ne n
"fall below the average Wealta u 3
dozen of American citizens, WlI9 ~
greatest bankers, merchants anu o ~.
way magnates of England cannGc ' ana
pare in Wealth with many Amerlca1S
The average annual income u y
richest 100 Englishmen is aOous
600, out the average annual oannot b
the richest 100 Americans Ja y q
less than 81, 200, 900. and prOUaO II b
ceeds 81, 500, OG0. The rlG9esS
Rothschiids, and the worldIe In n
banker, Baron OVerstone So 81 n
about ST.. 900, 900. Earl DuGIes'
owner Of the richest iron mlne
500 600 600 The Duke Of Buc1
tand the Duke of Buccleuc cnks sS'i Z
half Of Scotland in bis 3-p P0GR q BIZ
about $50, 900, 900. The Marquis n + oS6 400 .
was worth in 1872 about Szo,vTSdh so
land, and he may now be ~Ot TofJ
600. coo in all. The Duke VI md D
NAV be worth $40, 900, OOO, CIV 60
Duke of Westminster pern8p'
600. 900. .;or Is ~
25, 900 persons own one hail In hat D
of the United States, anu = nraca
whole wealth of the country orc
ally owned by 25O,OOO lnon1latiN
in sixty of the adult male POtRJ ICED
and he predicts, from the raP PIT ma
concentration of wealth, tnaS W
present conditions 5O,0OO peT sS If Il
practically own all the Weai Ioas tha
country in thirty years-or l1 noprl
one in 500 Of the adult max
lion. -NdtiOnGE Baptist.