The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1906-07-25
40 Trust Control One fifth OF
Ccuntry's Wealth.
WE sGU EUDl GFnA aNfs
w = GS.S--- ->AA - 2-At~ -A--.~ a
Our MIllionai.es are Kicgs Indeed. Il
1855 There We're 0n!y Twenty, eight
Millionairss in New York While
To.dsy 1t Boast Over
Two Hundred.

The article below is collection CT
paragraphs from al article By CleVe
land Mofett entitled The Sh2netal
Misuse Of Wealth." and published IL
Success Magazine. Il will grove ln-
terssting TO many IS a comparison ol
figures in the sroWlh OF the country's
wealth.
It is admitted ths5 We are the -ich-
est people IN the world loosy,
rlches5 people the world Las sver seer.
The vauuGeo wealth Of Cscesus Is es
tinatec as only eight million ooiiasS
but there are seventy Aner2csn Is
tates that svsra2e thirty i've EilltonS
each. New YORK is Deyono conpsri-
son the rtcbesu city IN existence; tae
New York Herald estinateS It's Wesiin
at thirteen rhcusSnd million collars.
And to the counEry st large the last
annual report Of the controller OF the
currency SHOWS tha5 the stock OF golc
in the United States, Isl, $40, 400: :0OO):
is greater than that Of any otner lano,
while our bsnklrg loWer aggregates
nearly fourteen billions IS against less
than twenty billions Tor al 1o:elgn
countries. We pIocuce one Third Ct
the worlds coal, one. lnirc OF its grain,
one fifth Of its wheat and three
fourth OF It's cotton. We produce
more steel and iron than England ano
Germany together and our msnutac-
lures are nearly double tnose CT Great
Britain and Ireland combined. Ouz
railroads carry Twice as Hucn Ger
chalclse every year as is carried oy
sll the RAILROADS Cf sll the cLGsr la'
tiocs.
James Bryce il TIE American
Commonwealth, OBSERVES that Up 20
1880 or lS40 there were no g1eaJ for.
tunes II ACellca, lew large zcEIu1eS
ard no poverty. buG, writing e tie
later eighties, re Gays: NV thsse is
some poverty, many large fortunes:
and 8 greater nunl6er of gigantic 1of-
tunes than in soy other country IL
the world" That was twenty !eats
age! WHIST would Mr.. Bryce ssy to-
dsy If be could rsao slaIiSt.cs showing
that there are three million Cffcialiy
recognized pappers in tie UGi15o
States? That q nillion and a hatE
CHILDREN between the ages o. ten SIG
fttsen are employed !n cur nlles and
fsccolies? Tuau one person il eSsr5
twelve who oieS in New York city is
buried in the pou1er's field?
AS showing The rSpld growth Ct in
divldual fortunes in un2s country there
is interest IL q list OF licn men print.
ed by the New York Sun in 1855 &C.
corc:ng Is WEIGH New York City 81
that tine bcasIed oo!y l"euty. eigh,
nilliorsires. And u pamphlet pub
Hshed some years sarilef says that L
lS45 Pntiade!phis could show Cnli
ten estates valued ct million CT ncre
the richest bang that Ct SJephet
GiraId which reached sevsn millions
In contrast TO which Il 1892. Scccro
ing to the New YORK T1louce, uner'
weie chen ever TWO hundred million
aires il Pn1Isoelphia.
as TO New York city the numhe
Of its n1iNol&ires, ACCORDING TO 5h'
besu information, IS ose1 tTo thCus
ana while vhe number oj millionaire:
in the United STATES - g. least hVt
Thousand CT half rhe lcls; lunb Der II
the world. We Shall presently SET
what q huge part o. lhe natlo2a
wealth Is possessed and Controlled b,
these five thousand InaiVic Usis. Thers
is one family aiole, ST TIE he&o G:
which stands the richest SD mos;
pow erfui nan IN the wCrio, JOIN D
Rockefeller, and she wealth OF tbis
fsniily is estimated st thCusanG NJ.
lion dollsrs, sum so npge Iua5 Gne
human nlno quite fails TO grasp IL, q
sum SO huge thai II az The bl-th q
Christ M. Rockefeller had begun
making e ollac e M:EOte alo nao ls,
all these col!ars accuMuIals Gay anc
night Tor all these centuries be Toolc
not ysl, II 1906, have ansSSeG
Thousand million dollars. Ano II Nj
Rockefeller should today Turn this
wealth into gola coiu AID take 1t oui
ct the country, ssy into Canada, hs
would carry ACROSS the border uhres
times IS much gold as would then re-
main in the United States. Noi
would he carry it himself Tor the
weight OF t would be one tnousanc
seven hundred and fifty tons. And Il
he loaced IT On lie backs OF porIsrs.
each nan bearing his own weight II
solid sold, Say $50 peuLds,) it would
require t~enSy-three vhouSsud men &C
ECve il. And II they walked ten feel
apart tie iine OF them would reacc
fcrty.tGur mics arc WCCiu Cccuc;
fifteen hooIs in passing given polnu.
None OF which takes any account Of
the catly Interest en- this fortune
which interest il PAID N gold wcuic
require the st.ength Of seven zen Sl
carry it.
Continuing our list CT n1l1i.Gill
ioneiIes and taking tce nine 1iches;
Anerlcans after Mr.. Rockefeller, it il
easy 70 sse that these MIS- must cave
s billion belH cen them: slrcs Andrew
Carnegie alcne has more than thirc
OF 8 billitr, AID the othe1 eight il
c;ude Marshall Field, ". K. Wander.
bit, John Jacob AS:or, J. ?. Morgan.
Russell Sage, ]. J Hill, Senator Wa.
A. Clark and William Rockefeller.
Ibis gives Us 80 thousand mil!icc
dollars for ter men!
And, without mentioning further
names, l cfar tie following estimate
OF tie I've thousand leading fortuLes
IN the United States; ii is cnly an a2-
proxinatico out ii has be2n approved
as reasonable by the slatis5ical expert
OF &. G. Dunn & Co., AID by Byron
W. Holt, editor Of "Moody's Msga.
ztne," Z monthly review for investors,
bankers a2d men Of atfairs. Also b5
several financial authorities il Me-
York City 20 whcm ! have submitted
it. l have ssen higher estimates, but,
after careful consideration, I believe
thot <h,. Spo ,o.u to oonortaS &c ,,.1.