The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-01-15

mess interests are so large and his in
come from the Congo Free States so
great that it IS estimated that he gath.
ers in quite $j,OO0,OOO annually Sena.
tor Clark has am income that Is at
least three times as great The MOI
tana copper kings New York resi-.
dence will cost more than the Belgian
sovereign will take in during the next
twelve months.
Edward VII receives S47O.00O a year.
the entire royal family Of England is
provided for i'm the civil lists, with III.
comes aggregating 100000. Mr.. Car.
negie spends more money for the
founding Of institutions and the en-.
dowment Of libraries and schools each
year than the whole royal family OF
England can command.
The king Of Italy is well provided for
with 100000 year, but he is poor
compared with Pierpont Morgan. Al
fonse KILL king Uf decadcnt Spain, is
given 81 10000 a year TO provide the
style that should surround king, but
Col. John Jacob Astor could easily out
squander this youthful monarch, If he
felt so disposed The kaiser receives
a small allowance, only $G50,00O, 50
that either William X. Vanderbilt or
August Belmont have more ready mo-
ey than Germany's emperor. ANY one
Of dozen more Of our multi-million.
aires are Weather than any Of the re-
naming rulers uf the world who might
be named.
when It comes o computing on" TO.
tai wealth with that Of the oldest and
richest of nations, the measure of our
anluoncc IS so excessive that there
really isn't any comparison. No won
der foreigners think that money grows
on trees in America. We have a thous.
and millionaires. New York has more
wealthy citizens than London, Paris,
Berlin and St Petersburg combined.
Fully une.half of the railway mileage
of the world is in the United States
and we possess one-third of all the
worlds banking power. An accurate
measurement of our monetary
strength shows that we are really in
class by ourselves and in many re-
spects actually assuming the proper.
tions of a worthy rival Of all the rest
of Christendom combined. No wonder
Europe views our growth with alarm
and would like to talk us into "A war
with Japan or some other power, in
the hope Of having us crippled.
To say that the total valuation OF
the wealth Of the United States IS
s1O7 ,OOO 900. 900 is not understandable.
A hundred billion dollars Is such a
pile OF money that the mind simply
can not grasp its meaning on the in
stant. It is more than twice the total
amount of the wealth of the United
Kingdom OF France or Of Germany,
and over three times that of Russia
or Austria-Hungary. Probably the best
way of illustrating the actual eXtcnt
of Uncle Sans riches is to state that
If he could convert all his assets into
money he would have nearly four
times as much as would be required
to pay off the entire national debts
Of all the governments in the world,
including his own.
The estimates uf all the visible
9 4 toll In
account the probable future returns on
our investments, nor the future value
of our undeveloped resources. And
how many of our business men, how
many of our farmers, would sell out
for exactly what they have invested in
their business? Not many, you may be
sure. 1t is equally certain that If Uncle
Sam could be materialized into a ma
tional personality he would decline to
sell out for 100000, ,O00,O 600.
When one remembers how young
years ago il was torn by internal strife
such as would have stopped develop
ment for a century among any people
with less vitality than the Americans,
these staggering totals of millions and
billions are all the more wonderful.
The South, which suffered so greatly
in that struggle, had an estimated
wealth I'm 1860 of little over $1,000
O0O,OuO the most Of which was win
out by the war. II would be hard TO
conceive of any people suffering
greater reverse, yet look at the pres
ent wealth of the eleven states that Sc
coded They have not only recovered
their own, but have doubled and trib-
led their former wealth, including
even the estimate the value Of their
slaves. Few people know that the state
of Texas is now providing onefourth
OF the cotton supply of the world.
We paid more than half billion .