A Rich City | AdventAI

Seventh-day Adventist Missionary Society · Oakland, California · Jul 20, 1882

A Rich City.

FRANKFORT-ON-THE-MAIN, containing a population of about 100,000, is said to be the richest city of its size in the world. If its wealth were equally divided among the inhabitants every man, woman and child would have, it is said, some $4,000 apiece. There are, as may be supposed, many poor people in the town, but the citizens are, as a whole, in unusually comfortable circumstances—more so, probably, than the citizens of any other capital in Germany or Europe. It is stated that there are 100 Frankforters worth from $4,000,000 to $7,000,000 each, and 250 who are worth $3,000,000 and upward. The city is one of the great banking centers of the globe. Its aggregate banking capital is estimated at $2,000,000,000, more than one-fourth of which the famous Rothschilds—whose original parent house is there—own and control. The annual transactions in bills of exchange are in excess of $100,000,000.