The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1907-01-15
UNITED STATES is
QUITE AFFLUENT
Country, Though an Infant
Among Nations, Breaks
All Records for Riches
KEEPS PILTNG IT UP
SPECIAL DISPATCH 10 THE CALL.

SPECIAL DISPATCH TO THE CALL
WASHINGTON. Jan. 1.-THE United
States is the wealthiest nation in the
<vorld." said a close friend OF President
Roosevelt today, who had just gone
over a remarkable official report which
IS soon TO be made public. He added;
Tn p brief span OF young life this infant ma
ton has broken All records relating 10 the -
emulation OF riches. We are beginning 10 think
"a billions instead OF millions Take 81 any way
you like. our afhuence outstrips anything ever
our country has more actual money. more gold
a larger volume Of exports. greater banking ia
cilities richer farms, more productive mines.
more railroads, more internal commerce, more
millfOnaires, more well-tO-do tradesmen, more
independent farmers, more highly paid laborers,
and greater distribution Of luNuries than any
other has ENJOYED since time began.
To prove all this. some facts CLEANED at
random from the reports gathered by the State
statistical department OF the treasury.
One day last October Uncle sam had gathered
into his money storehouse IN Washington the
greatest amount Of gold ever collected In one
place In The history Of the world-gold represent
Ing SS7l SOS 500. This was indeed the high wa
marx. There IN one little room more
money than was IN circulation IN all Great
The largest receipt ever given and the greatest
money trust ever undertaken was when the
present Treasurer Of the United States. Charles
II. Treat went into Office. He receipted TO FL
lis III. Roberts, retiring Treasurer, Tor al money
and securities in the vaults Of the treasury, a
total OF 81 259 SOS 27S 1t required from July
10 September 10 count the money. and al the
completion Of the task the accounts balanced 10
q fraction.
The costliest governmental establishment IN
the world Is the British navy. upon which 81
100000 has been expended within the last
ten wears. Yet three individual Americans
Rockefeller Carnegie and Ciark-could have paid
the whole bin and have pocket money left.
The United States Is spending about 500 O0O.-
600 year its navy. and the country Is new
NJ this kind Of expenditure That i Is not IN
vestinC more than 10 afford Is shown by the
fact that Che display loving women of the United
states spent Sl00 600 600 for diamonds purchased
in foreign lands during the last two years. In
fact rich the sales Of produce and
manufactured articles are sending abroad
each wear equal 20 a sum sufficient 10 sup
port all the nsVies in the world.
Fully one-hsf of the railway mileage OF the
world Is IN the United States and we possess
one-thind Of all the worlds banking power
Actual measurement Of the monetary strength
shows are really in = class by ourselves, and
in many respects actually assuming the proper
rlons OF a worthy rival OF al the remainder OF
ChristendOm combined.
To say that the total valuation Of the wealth
NJ the United States Is SlO7 600 600 600 is not
understandable. as a hundred billion dollars is
such q pile 81 money that the mind simply can
not grasp 81 on the instant.