The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-12-20
ENORMOUS GOLD
SUPPLY HERE
United States Possesses More
Gold Than Any Country
in the World.


national banks.
And to swell the total we are. not
Withstanding the vast store Of gold in
this country, beginning anew the i'm
portation OF the precious metal from
Europe, S2,O00,0O0 having recently been
contracted for.
Uncle Sans children have over S12 in
gold apiece. which. however. is less
than the citizens Of the French repub-
lie possess For each one OF them there
is little more than S21 Of gold coin a
mead Germany comes third in the per
capita computation, the figures being
9l--6l- Great Britain has $1234 Of gold
per capita, and RUSSIA. with her enor-
nous population of 128 100000, only
S5-64-
The per capita figure for the entire
British empire is a shade under IS.
that for midas enormous horde OF 297.-
OOJ,OO0 souls being only 10 cents. Here,
as in other things, the British empire
exhibits the most astonishing extremes,
for there are parts thereof where the
per capita Of coined gold is in great
excess; in Australia, for instance, there
is $24.26 in coin as money for every
man, woman and child. At one time
the South African republic led this,
with per capita figures of 1854, but
now Australia is the highest Canada
per capita is a few cents in excess of 50.
IF one man should own the enormous
hoard of gold in Uncle Sans treasury
what a lot of good he could do.
He could pay up the debt Of the Ar
gentine republic. and European bond
bolders would put up a monument TO
Dim. It would be rather a costly mon
hment. because it would take all his
BOLD TO win it. He could take the bur-
Hen Of debt of the shoulders Of Can
ada That would make him a pro-
CnoteY. for then he might be willing
Chat she should get under the wings
OF the screaming eagle. He could pay
Che debt Of New York state and thus
enable us to finish the capitol before
we all of us have to pay the last debt
Go nature. or, IL our philaEthropic
friend hustled. he could pay Off the
Gebt Of New York City
This newly rich man might not think
Of any Of these things at all. Here are
few more suggestions, made in an
entirely friendly spirit IF he couldn't
pay Uncle Sans debt, It would natur-
ally be supposed that he could help
his uncle out I'm the matter Of pensions
But. bless his soul, he couldn't do much
in that line. He would be unable TO
touch the bin at all. ard could only
nav the pensions for a couple Of years.
while his uncle was getting his breath
and preparing to start ia on those for
the Spanish war. If he really wanted
10 help his uncle ne could run the post
Dhice department for two or three
years, paying all the bills. and then
he'd have either to start out and gain
pr i'm new fortune or go to the Home
Tor INDECENT Millionaires-
II his brain boiled with bigger plans
ne could keep Up the armies Of the
car and VILLAIN the kaiser for a year
and allow these two hthters to pro-
mote their schemes OF universal peace
II his travels I'm collecting gold gave
him the collecting mania he could make
"a string of sllyscrapers here In New
York. buying up every building more
than ten stories high and the land on
which it stands. There are limitations
even TO the millionaire. but this ne
could do And, if he didn't like their
style. he could wipe them all out and
build twice as many more somewhere
else on the island. and in some other
way.
The American nation has money 20
burn. The trouble would be TO md a
place to burn ii. II you were to take
this enormous sum of money in one
dollar bills and fasten them end 70 end
they would make a string Sl,2OO miles
tong. which YOU could easily WIND
around the equator three times and
even leave 10000 miles or so hanging
out in airy space. To make n bonfire
Of these bills would probably require
one of our biggest parks.
The immensely Of this sum, the gil
rantic dimensions Of its bulk in gold,
or. what is even more startling, in sill
yer. and its value and purchasing pow
er in this world, are bewildering to
contemplate.
Distributed among the population Of
the land 10 would give every man, Wo-
man and child So. Distributed among
the population Of this city, each man.
woman and child would receive $3.50.
II YOU will consult your Worlds Al
Ynanac YOU will find that there are in
this country over 10000 paupers. II
this gold were divided among them
each would receive over $4,000 small
fortune.
This amount OF money would buy the
whole British navy, il that navy were
for sale, and leave enough surplus to
carry on q pretty lively war. Or If you
did not care 70 invest the whole sum
in one enterprise, you might, for less
than half Of it. or S325.000. 600. buy or
duplicate all of the following interest
ing things:
A fleet of sixty-fve hrst-class battle
ships
The ST. Louis Worlds fair.
The Brooklyn bridge.
Half a dozen buildings like the cap
itoI at Washington. the house of par
lament. Westminster Abbey, Notre
Dame cathedral in Paris and a hand
ful Of castles on the Rhine.
If all this gold were rolled INTO one
ball &c would make a sphere which
would weigh In the neighbOThoOd of
400 600 pounds. III you were to divide
it into six balls Of 100000 600 each and
place them upon heavy wagons u
would require a long train Of elephants
20 drag them.
Really this Is a marvellous sum Of
money when you come to measure it.
IF &c were given to you in five-dollaI
gold pieces. which. according 70 the
report of the director of the mint, are
.46 of an inch thick and you were able
to stack them one upon the other as a
gambler piles his chips. YOU would
have a golden rod 100000 feet high
more than eighty-siE miles. or ffteer
times as high as Mount Everest, Asia's
Hottest peak.
N YOU would rather have the pile
thicker YOU might take the gold I'M
cubic blocks. one foot in thickness
each one of which would be worth $780,
COO III you We're to pile these blocks
one upon another your 100000 00l
would make a column 800 feet high.
A cubic foot Of silver is worth $1,000
IN these days. A moments fgurins
viii show you how high your column
would be n you could exchange all this
gold for silver.
II all the gold in the world were tC
be rolled into one sphere it would make
a globe 25.3 feet in diameter. GU
$500 100000 would be one-seVenth o.