The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1921-02-17
BIC WEALTH IN
HANDS OF FEW
Fifty Families in United States
Control More Than $780,
100000 Each.
ROCKEFELLER At HEAD OF LIST
OIL Kings Estate Is Now Estimated
at Between Three and Five Bill
Iion-veritable Dynasty in Every
important Industry.

New York.-Fifty families In the
United States control over $10O,000,OOO
each, 100 families control over $780,
100000 each, and 500 families control
over $10,000,000 each.
John d. Rockefeller's estate is now
up to $1,000, 100000.
Five billion dollars of wealth In the
United States has been handed down
to heirs, many of whom were incom-
petents. in the last fifteen years.
Two hundred persons In the United
States control $15,000,O00,0 In
France the same amount is controlled
by 48O times that number Of people,
or $4,000.
Dynastles to Fore.
Industrially the United States Is be-
coming dynastic-there Is a veritable
dynasty In each important Industrial
structure, some of which are:
Sixty per cent of the tobacco trust
wealth Is In the hands of ten families
Twelve families, with the Rockefel-
Ter family away In the lead, control
80 per cent of the Oil industry.
The railroads of the country are
controlled by 1.3 per cent of the stock
holders.
One and five-tenths per cent OF the
stockholders In the steel trust possess
81 per cent of the stock.
Two families control 81 per cent OF
the stock In the harvester interests.
These startling figures on the con-
centration of wealth in the United
States were obtained from Henry ID.
Klein, deputy commissioner of ac'
counts Of New York city and deep
student of economic affairs. He has
spent ten years collecting concrete
facts on the pyramiding of American
wealth.
Mr.. Klein's attention was called to
the recent statement of George p.
Hampton, managing director of the
Farmers National council, that 80 in
dividuals own per cent of the en-
tire American wealth. He estimated
this 2 per cent at about $4,S37, oO0,-
COO Mr.. Hampton gave no names
but the following list of individuals
and estates and their vast holdings,
checked up to a recent date, was CIV
en- by Mr.. Klein:
Estates or individuals Amount
John D. and william Rookie
Teller, $1,000, 1000 to........ IS, 900 OOO,0oo
Pratt family ...................... 4oo'oV'U"
Hardness .......................... 4oo'ooo'ooV
Carnegie ........................... oov'vvV'vvV
Weyerhaeuser estate ........... 3oo,0oo,ooo
Nanderbilts neutrality-suspicious.. 5Vo,VVV'VV |
Astors 800, 000, 900 |
Payne Whitney family......... 100000 goo
trick estate ...................... ioo'Vo'Vp
Goelets ioVV"'Vo
J. j. HILL estate .................. lo0VV,VV
Hetty Green estate ............. l00oOo.0oo
Field estate ...................... loVVVV'Vo
Hartman ..............,.......... lpVVo'Vo
Morgans, $50 600. 600 to .......... 200. 100000
tlagler estate ................... lO0,Oo0.ooo
Anthony Brady estate 10o,OOO.Ooo
Gould estate ..................... loo,VoVM
Widener ........................... so,VoV,Vp
George Farr Bakers ........... O,Ooo,0q
Stilmans ACKNOWLEDGEMENTS. co. 900
Isaac Stevenson .,,....... 70000,OO0
kennedy-Todd group............ io.0oo.Ooo
sage estate ...................... ooVoo,VV
Blair estate ...................... 50W,WV
Rhinelanders ..................... 5o0oV,Wo
Rogers OBSERVATION-DISCLOSURES. 100000
Armours .......................... lWVu,Wn
Swift ACKNOWLEDGEMENTS. 100, 100000
A. c. James family ........... 6o,00o.00O
Cleveland Dodge ................ 60,0O0.00O
Archbold estate .................. 50,oOO,OO0
Mills estate ...................... o,VVOVW
Daniel Reid estate .............. 5O.0OeOoO
Plant estate ............."..... So,O0OWo
Morris ........................ 50,000.00O
Pullman estate .................. 50.OOOOW
Searles estate .................. 100000