The Intermountain Catholic. (Salt Lake City [Utah] ;) 1899-1920, 1904-12-31
THE MAN AND THE HOG.

The man who owns but million dollars i'll cash
or other values is no longer some pumpkins III
the esteem of Americans That old-time designa-
ton of the person rich enough to change his shirt
and shave every day in the year. expresses only the
homely opinion of the contented past. The wealth
that dare to pitly crush competition, drives its
victims to lunatic asylums, buys up state legisla
lures plumbers innocent investors, sits back and
laughs over the wrecks it made in Wall street
such wealth as this is represented by nine figures.
Here are few picked from among the wealthy
great:
John D. Rockefeller, oil, New York, S25O,0OO-
900; w. w. Astor, London (self-expatriated Amer
ican) $2O0,OO0O00; Andrew Carnegie steel, New
York 1926, 100000; w. K. Vanderbilt, railways,
New York $1250OO0OO William Rockefeller, OIL
New York, S10OO00,00O; j. J. Astor, land, New
York, $10000O,O00; j. Pierpont Morgan, banking,
New York, $750O0,OOO; George j. Gould, railways
New York $70,000000; Mrs Hetty Green banking,
New York S55,000000 James H. Smith, banking,
New York $50 100000; Henry o. Havemeyer, sugar,
New York, $5OOO0,OOO; Claus Spreckels sugar,
San Francisco, $40,OOO,O00; Russell Sage, money
lending New York, $25OOO00O. Senator Clark of
Montana is not enumerated because nobody knows
what he is worth in the aggregate mot even him
self. Some say Clark is the richest in the
world.
Now, in France man is called millionaire
if he is the possessor of 100000 francs, or, III
other words, has property worth $4,000. Accord
ing to recent computation by LIE Renter, the
French financial newspaper, there not 10000
persons in France who have that amount of prop
erty though there are possibly ten persons in the
country who have fortunes of $19,000000 more
All the holders of great fortunes may easily be
mentioned by name; only about 100 persons are
worth between 100000 and $10,000,000, and
1900 have accumulated or inherited property val
ued at from $4,000 to $3S6,000 That IS France
has very few rich citizens. The French republic
has vast wealth, but it is divided into vast num-
Der of little savings.
This distribution of wealth in France is indi-
Gated by the facts that in 1902 there was left by
persons dying property of the value of 1921 000000
but of the 363612 inhertances distributed in that
year more than 100000 consisted of sums ranging
from 20 cents to 1890 About two-thirds of the
property to be distributed was In sums of 5000 to
$500. The large inhertances, from about $4,000
to 100000, represented only O04 per cent of the
total amount; and the property to be divided.
amounting to more than 100000, represented less
than 0.01 per cent of the total value.
If we go through the entire field of French in
dustry shall see that in the shop, the factory,
and on the farm the man of small means in the
aggregate is the moving impulse in French enter
prises. France occupies only one-eghteenth of the
surface of Europe and its is only little over
onefifteenth that of this country but there are as
MANY farm nronerties in LITTLE France &c tbpro ara
in our wide domain.
There is lesson in this for the American peo-
pie, but where will they begin to pick it up? A
tax on Incomes and inheritances declared I'M
constitutional. by the supreme court PROPOSE