Devils Lake inter-ocean and Devils Lake free press. (Devils Lake, Ramsey County, N.D.) 1905-1909, 1907-02-15
asst NEA 1 TIL OURS.
UNITED STATES RIG EST co IN
{ +ss 5s*.. TRYsoN EARTE. 5s ssS rs. 4
outstrippins Anything That Ever Has
~ Been Known in History Us the; ~
/, *s S> Measure, Of Uncle safn's> " : !, !,
. = e.SlEE y yysz Affluef1ca 49, i ".

g. "a
>, ! II; -, Affluence. SEs E5; III ".
: The United States is the fwealthiest
country in the world iii tho brief
span Of its young life, this infant ma
ton of ours has broken all records re-
lating to the accumulation Of riches, :
and we are beginning to- thinksrpf bill
lions instead of millions. Take It any
way you like, and the measure of our !
af1uence outstrips anything that, has
ever been known before, says the New
York Sun. q, $ fSI N &s5ss#s,5 = -.
i Our country has more actual money,
more gold. larger volume of exports,
greater banking facilities. richer,
farms, more productive mines, more
millionaires, more well-to.lo, trades
men, more independent farmers, more,
highly paid laborers and q; greater dis
tribution Of the Injuries which riches
bring than any other nation has ever
enjoyed since time began ~ =
!. One day last, October Uncle. Sam
had gathered into his money, store
house in Washington the greatest
amount Of gold ever collected at one
place In the history of the. world
gold representing 71,s93.SSs.. This
was indeed a high-water. mark. We
had there in one little room more gold
than was in circulation in Great Bri-
tain. ". ~ #%%ss$
The largest receipt ever given, the
greatest money trust ever undertaken
In history, was when the. present treas.
urer of the United States, Charles H.
Treat, went into office He receipts to
Ellis H. Roberts, the retiring treas
urer, for all the money and securities
In the vaults Of the treasury, a total
Of s1,259,598,27S.58 It required from
July l to September 5 to count the
money, and at the completion of the
task the accounts balanced to frac-
ton. :. ~.
The costliest governmental estab-
lishment in the world. is the British
navy, upon which billion and half
has been expended within the last ten
years. Yet three Individual .Ameri-
cans--Rockefeller, Carnegie and Clark
could have paid the whole bill and
still have some pocket money left.
The United States Is now spending
about hundred millions q year on its
navy, and we are new at this kind of
expenditure. That we; are not invest
ing more than we can afford is shown
by the fact that our :display-loving
women spent $10o,oO0,00o for dia.
monds purchased in foreign lands dur
ing the last. two years, In fact, we
are so rich that the sales of produce
and manufactured articlessthat we are
sending abroad each, year, Is equal to
a Sum sufficient to support all the
navies in, the world. .ss$5
When it comes in individuaf wealth
we have, dozen citizens who. are
worth more than all the kings and
rulers of the world taken collectively
or severally. The Asczar of. Russia is
reputed to have q greater income than
any other living man, but his private
fortune is so mixed Cup with the gov
! ernmental revenues that it Is impossi-
BILE to separate them If a distinction
could be made John D. Rockefeller
could undoubtedly make a comparison
with the weak-spined Nicholas, and
show the biggest pile. The Russian
monarch's wealth is the accumulation
,of an empire, centuries old In the max
ing, while the Ohio oil magnate can
remember when he had nothing.
| To say that the total valuation of
the wealth of the United States is
s107, 0O0, Oo0, 900 IS not understandable:
"A hundred billion dollars is such a
pile: of money that the simple mind
cannot grasp its meaning on the in
slant. It is more than twice, the total
amount Of the wealth of the United
Kingdom, of France; or of Germany:
and over three times thatEof Russia
or of Austria Hungary. Probably the
best way of illustrating the actual ex-
tent of Uncle Sans riches is to state
that If he could convert allEhis assets
into money he would have nearly four
times as much as would be1Sreqnired
to pay of the entire national debtsof
all the governments; in the world j Ia.
Guiding his own. .s.. 5{ e, s3f5Gs
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