The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1902-01-17
UNITED STATES At The HEAD
RICHEST OF ALL THE NATIONS.
A Report of the Standing of Different
NatiOns-UncIe SANS Commercial
Supremacy Is Apparent-WorId's
Wheat Crop-United States Largest
Producer of Pig Iron.

Washington, Jan. 1.-THE standing
Of the United States with her neigh
bors, and especially with those of Eu-
rope, is illustrated by some statements
made by the London Daily Mail Year
Book for 1902, a copy of which has
lust reached the treasury bureau of
statistics. In its various chapters it
discusses various features of condi-
tens in the United States. Under the
head of wealth it places the United
States at the head of the list of great
nations, the figures of wealth being
United States 5O,00O,0OO, United
Kingdom ell, SO6, 100000, France &c.
G90,O00,000, Germany GS,052 100000
and Russia G6,425,0OO0OO. While the
United States heads this list of coun-
tries in its wealth it shows the small
est national Indebtedness, the figures
being: United States G221, 000,0 900.
Germany e651 100000 United King
dom e706,000,OO0 Russia ELL, 900, 900
and France e1.239, 100000. The per-
oentage Of debt to wealth is given as
United States IA per cent, United
Kingdom per cent, Germany 81 per
cent, Russia Ill per cent and France
12.S per cent.
Under the head of commercial COM
petition it says that the first year OF
the twentieth century opened badly for
two of the four leading industrial ma
tons" The trade of the United States
Was good and showed no decline from
the booming period of 1899 and 1900,
hut rather, in most industries, a con
tinuance CT the boom of which the
United States has had so dispropOr-
tionately large a share, and France.
which had responded less eXpansively
to the boom, remained unaffected hy
the decline and progress elsewhere.
In England, however, the decline was
ielt acutely.
Under the head of tle worlds wheat
crop, it shows the United States far
ahead Of any other country in the pro
duction of wheat, the estimate of the
worlds crop for 1901 being in quar-
tiers eight bushels to a quarter:
United States, 9OOOO,OOO; Russia,
42,OOO,00O; France, 3S,OOO,OO0 India,
%OOOO,OOO; Italy, 17,OOOO 900; Hungary,
100000, Spain, 100000; Rouma-
MIA and Bulgaria, 10000 OOO Germany,
II 100000; United Kingdom, 100000;
Australia, 1000 600.
Under the head of Flight for the
Iron Trade" it calls attention to the
fact that the United States is now the
worlds largest producer of pig iron
end steel, and says: 1T will be noted
that the United Kingdom has lost
ground, producing 396,749 tons less
in 1900 than in 1892 the total for
Great Britain being nearly 100000
tons less than in America. An unsat-
isfactOry feature in the British iron
and steel trade is that in 1900 we i'm
ported more iron and steel than in
any previous year and exported less,
lille the United States exported more
than ever" The tables accompanying
this statement shows the pig iron pro-
Guction of 1900 to be:
United States, 13,7S9,242 tons; Unit
ed Kingdom, S,sOS.57 TONS Germany,
S.494,S52 tons; France, 2,699,49 tons;
Russia, 2,S21,0OO tons.
Steel production is shown to be-
United States, 1O,OS7,322 tons; Great
Britain, 4,9O1,O54 tons; Germany, t.,
799,O 900 tons; France, 1,624046 tons;
Russia, 1,494,OOO tons.