Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1907-02-08
RICHES OF UNCLE SAM
TOTAL WEALTH REACHES STU
PENDous FIGURES.
More Than Half . Dozen Americans
Worth More Than All the Rulers
Of the World Together-Aii
Records Broken.

Washington.-"The United States is
the wealthiest nation in the world"
said close friend OF President Roose-
velts the other day. who had just
gone over a remarkable official report
which is soon to be made public. He
added:
In brief span OF young life this
Infant nation has broken all records
relating TO the accumulation OF riches
We are beginning to think in billions
instead of millions Take II any way
you like. our afiluence outstrips any
thing ever known before.
Our country has more actual mon
ey, more gold. larger volume OF ex-
ports, greater banking facilities, rich
er farms. more productive mines, more
railroads. more internal commerce.
more miilionaIres. more farmers, more
highly paid laborers. and greater
distribution OF Injuries than any other
has enjoyed since time began"
TO prove all this some facts are
CLEANED at random from the reports
gathered by the statistical department
OF the treasury.
One day last October Uncle Sam
had gathered into his money store
house In Washington the greatest
amount OF gold ever collected In one
place In the history OF the world
gold representing 1871 1893, 1893. This
was indeed the high water mark
There was In one little room more
gold than was In circulation In Great
Britain
The largest receipt ever given and
the greatest money trust ever under.
taken was when the present treasurer
OF the United States. Charles ii. Treat,
went Into office. He receipted to Ellis |
II. Roberts. retiring treasurer, for all /
money and securities In the vaults OF
the treasury. a total OF 1885, 59S,27S i
II required from July l to Sept 5 TIC
count the money and at the compile.
ton of the task the accounts balanced
TO fraction.
The costliest governmental estab
lishment In the world is the British
navy upon which 81 SOC, 900 900 has
been expended within the last ter
years Yet three individual Ameri
cans - Rockefeller. Carnegie, and
have paid the whole bill
and have pocket money left.
The United States is spending about
S100.000.000 year on its navy and
the country is new at this kind of ex
penditure. That it Is not investing
more than IL can afford Is shown by
he fact that the display loving women
II the United States spent 100000.
700 for diamonds purchased in foreign
ands during the last two years. In
act. we are so rich the sales of prod.
ice and manufactured articles we are
ending abroad each year are equal
o u sum sufficient to support all the
Iavies In the world.
When it comes to individual wealth
We have dozens OF citizens who are
FORTH more than all the kings and I
ulers of the world. taken collectively +,
r seyerally. The car is reputed 10 7
ave greater income than any other
Wing man, but his private fortune is
D mixed up with government rev.
nues that 1t is impossible to separate
iem. lf distinction could be made
ohm ID. Rockefeller undoubtedly could
ake comparison with Nicholas and b.
how the biggest revenue. The Rus. NJ
sn monarch's wealth is the accumu. IS
tion of an empire centuries old In tr
aking. while the Ohio oil magnate
IN remember when he had nothing. X
Leopold. king of the Belgians. is the W
chest monarch in Europe after the of
ar. Although his income from the W
ate is but sl.700,000 year. his ed
lsiness interests are so large and the Al
come from the Congo Free state so m
eat, 1t is estimated he gathers S.. fe
5000 annually Senator Clark has
income that is at least three times
great wi
Alphonso XIII. has 81 .400,0 900 year gu
provide style that should sur. fe
und a king, but John Jacob Astor he
uld easily outstrip this youthful In
march II he felt disposed. The kais- be
receives small annual allowance. tn
" s650.000. so that either William slt
Vanderbilt or August Belmont has m,
re ready money at his disposal
IN Germany's emperor oil,
l