The sun., 1909-01-10
GROWING WEALTH OF FRANCE
SIZE has LENT $4,000, 900, 900 IN
16 YEARS.


"Gaulois" Has Some Extra aordinary
Stories Of American Extravaganza
An Original Raphaei-Ilmitins
the Use OF tho Name "Champa gne."
PARIS, Dec Pm. Edmond Thery.
one OF Frances soundest experts on
economic and financial statistics. has
just published book on 'The Economic
Progress of France Since Iss2,' which
tells once more the story Of the enormous
increase in the wealth Of the country.
IL shows that In the last sixteen years
France has lent 1920, 600 900 In gold to
foreign countries after making deduction
for repayments during that period.
At the same time tba gold in France
has increased by $7S5 800 900 for the same
sixteen years.
This means that between the end Of 1894
and the end Of 1907 Frances balance Of
accounts with foreign countries leaves
her nearly H,OOO. .0oo,OOO to the good. Of
which these foreign nations have paid
her four -fifths in securities and one-fifth
in gold. The worlds production Of gold
for the same period was about $780,
OO0.oO0
or the s7s5. 800 900 gold which France
has received, SAIL, 500. 900 has been oon-
verted into French coins 1924, 900 900 has
been absorbed by the artistic industry
(jewelry. gold and silver manufactures.
&c.). and the surplus. $3.50. 900 900, remains
in the form Of ingots or foreign gold
money in the Bank Of France or the
vaults ofother big banking firms.
NJ. Thery explains the origin Of these
large revenues from abroad in this way;
Before 1892 France exported every year
an average Of ti5s. 600 900 worth OF food
products (wines. butter, fruits, vege-
tabl es. do) and bought an average Of
s297 .oO0, 600 worth Of wheat. cattle, coffee.
tea. DC. Thus she paid out every year
a sum Of slS9, ,0OOO
Since 1892 the annual production OF
heat has increased by II 900 900 hecto-
t.ters, wine has increased by an annual
average OF 1900 600 hectolitres, sugar
by 275.500 tons, alcohol by 2Se, 900 hecto-
liters, and all export food products have
increased to great xtent, 80 that France
now pays for her coffee tea and all i'm
ports by the'surplus Of her own food pro-
duction.
NJ. Thery points out that on the other
hand Germany's annual deficit In food
products has increased In the same six
teen years from $iel 400 900 to 1881 .eQO, 900
$0Sl 400 900 TO s997. zoe, 900.
Another source OF Frances wealth and
one that cannot be valued with any ac-
curacy is the immense amount spent by
strangers who come to visit the country
or to settle. down In it. Public wealth has
developed enormously in the last sixteen
years In America. Canada. Mexico, Brazil,
Argentina, Chile. Australia, South Africa,
DC. and France has benefited by this
development, which has allowed the in
habitants OF these countries TO visit
Europe.
The French in 1901 drew an annual rev.
enue OF $220.OO0 900 from their invest
ments in foreign countries, while to-day
they collect something like $4,000 900
from that source.
The GasIois is moved by reports from
America Of dinner given to dogs by one
whom 1t calls M. Harry sandwers Of
Chicago" and another to cats by M.
Liner de Sokton' TO describe some Of the |
prodigalities that 1t says have been oom-
mitted by millionaire Americans In !
Paris. 1t quotes conversation between an |
American and the head cook OF a leading
uvto,
Il should like TO know, Monsieur, what |
Is the most expensive dish that exists. |
Don't answer me at once. take your
time to think it out and then come and |
toll me-
A few days later the cook reports that
apparently the dearest dish in Paris is
a certain Chinese bird. which even In
China is very expensive. 1t is made into
a soup.
"Well' said the American. Il want
that soup. But only put the birds eyes
in it,"
The American had his "eye soup and
it cost him 5000
Another. and not quite so improbable.
story told by the Gduiois Is Of an Ameri-
can who said to his hotel manager:
Il want a banquet that will have an
idea in it, an idea in harmony with the
summer that We are having. Sixty
guests. A for the cost. $4,000, ti0O, 900,
or 500 900. whatever you like. II you'll