Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1907-02-27
VAST WEALTH OURS
UNITED STATES RICHEST couH-
TRY ON EARTH.
outstrlppins Anything That Ever Has
Been Known In History Is the
Measure Of Uncle Sans
Affiuencc.

fhe United States Is the wealthiest
country in the world. In the brief
span OF its young life this infant ma
ton of ours has broken all records re-
Iating TO the accumulation OF riches,
and we are beginning to think of bill
lions instead OF millions. Take it any
way You like. and the measure of our
afiueace outstrips anything that has
ever been known before, says the New
York Sun.
Our country has more actual money,
more gold, larger volume of exports,
greater banking facilities. richer
farms, more productive mines, more
millionaires, more well-todo trades
men, more independent farmers, more
highly paid laborers and a greater dis
tributiOn OF the luxuries 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
geld representing SS71 $685. This
was indeed n high-water mark. We
than was in circulation in Great Bri.
tain.
The largest receipt ever given, the
greatest money trust ever undertaken
In history, was when the present treas.
urer OF the United States. Charles II.
Treat, went into Office. He receipts to
Ellis II. Roberts. the retiring treas
urer, for all the money and securities
IN the vaults OF the treasury. n total
~ S1,259.59S ,27S5S. 1t required from
July l to September TO count the
money, and at the completion of the
task the accounts balanced to n frac-
ton.
The costliest governmental estab-
iishment in the world is the British
navy. upon which billion and a half
has been expended within the last ten
years Yet three individual Ameri-
Eans-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 a year on its
navy, and we are new at this kind OF
expenditure. That we are not invest.
Eng more than we can afford Is shown
by the fact that our display-loving
women spent $100,O00,O00 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 articles that we are
sending abroad each year is equal to
\ sum sufficient to support all the
navies in the world
When it comes in individual wealth
we have dozen citizens who are
worth more than all the kings and
rulers of the world, taken collectively
or severally. The car of Russia Is
reputed to have greater income than
any other living man, but his private
fortune Is so mixed up with the gov
ornamental revenues that il is impossi-
bic to separate them. If distinction
could be made John ID. 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
100000 600. 600 is not understandable.
"A hundred billion dollars is such
pile of money that the simple mind
cannot grasp fits meaning on the in
slant. 1t 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 Of Austria-Hungary. Probably the
best way OF illustrating the actual ex.
tent Of Uncle Sans riches is to state
that II he could convert all his assets
into money he would have nearly four
tintas as much as would be required
30 pay off the entire national debt OF
all the governments in the world. In.
Guiding his own.