Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-07-02
ION DIVISION OF WEALTH
20
EACH WOULD GET s1,785
Result Of Distribution Of Property OF
Those Who Have to Those Who
s,.a Have Not.
NNUAL INTEREST g;
Industrial Resolution, Dream of
-&.. Some, Would Not Raise Any to
-, -. "A Acknowledgement Value of
~. Property Is Nearly 1873 Billions.

NEW YORK. July l.-Pcrsons who
aare In favor OF strict division Of ma
-stional or international wealth are usu
ally rather dreamy In their considera-
lion III OF the matter: and as usual
e.thousht that such division OF spoi lis
would bring them all up to the level
~pt the very rich. whom they profess
>. Their imagination creates for them
"a world in which there shall DO abund-
ant leisure and unlimited luxury for
q: They see themselves rolling around
I'm limousines. CARRIED in amazing ex-
ample. amp Of fashions ;,i art living in pal
pensive viands. which are served TO
them on gold plates or from crystal
Eoblets.. enjoying day long blessed
tdlencss" and ali the luxuries when "a
very exaggerated idea of the pleasures
OF OF, the rich can include in LIES SEIZED
II is generally conceded that the
United States has greater wealth In
proportion to it's population than any
divided equally in tho United States the
individuals Gaming into possession of
their proper share would. in fact, not
be able to livelives of leisure or even
partial leisure.
Take II. then that everything wen,
that production was as usual and there
was no loss Of cnor, 10 be compensated
Tor; Then consider the wealth of the
country in relation to it's population.
Total Wealth S1S7.7SD.O7I 900.
According 10 an estimate Of the
wealth Of the United States. made In
1912, the last TO he published by the
1897 1000. The kinds of wealth in
SS GUIDED IN this estimate were as fol-
chines, live stock. gold and silver tcoin
and bullion), manufacturing machines
to Tb;s etc, rIlroad and equipments
total value of sli3.l39.573IlI The
next group OF properties included street
railways. telephones, Pullman and
other cars. shipping. canals Irrigation
ehtcRrises,. privately owned power
y S,a,i 81 Al these properties were
All other property. Including agricul-
toEll products, manufacturing products.
INNING products and personal clothing
was valued a, sai.S34. 2so,s55. e'e'
~ may be surprising to many Of us
TO know that The value OF the live
than 100000, 900 in exces sof inc value
OF manufacturing machinery, tools
Items amounted to $500. 600. 900 ana
furniture carriages, etc. TO more than
twice this much ''
Had io1,iis.487 People in ioIs.
.NeeordnE TO the last census the
was lo5.lls467 II" 1910
if simple division or propcrtv w.rc
ars on a basis of these figures which
70 ever! man, woman and child pron
cry 70 inc amount Of Sl.1s5sS
- mis-. or course. is 4 great deal nof.
than. most Of us pos.ess. bn, We ,.n,,id
10y hurry off and spend il TO have a
Sood time or rcplcn.sh our wardrobe
or !eiurnish our apartments
II would have TO be conserr.5 g.,
S S that pubic utilities might be con-
ouCtco. inc helpless cared for. etc.
10 one could live on the interest NJ
..1,S sum, as II would only amount 10
su,iS year AZ per cent and more
t r.TH ina, sum. " course would nor be
pa'u under a universal division form,
or government. 4o' III
80 one could wallow in luxury ON
~ -, - sear And then. besides. perhaps
no interest would be aid 80
az ne "hoIe, IN earnest !nvcstisa-
wS,i, .. genera finances. worked out
seem 20 bring forth homes thu, ,nos, -,
Ill! nie rich even II the industrial
: ,rvrroiu.ion arrives and succeeds in
Z 10, them as hasn't anu giving