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Items Showing Increase of Wealth

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Pacific Press Publishing Association · Mountain View, California · Aug 5, 1913

FromSigns of the Times, Vol. 40, No. 30.

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Items Showing Increase of Wealth

Items Showing Increase of Wealth in the United States since 1850
"World Almanac," compiled from statement of O. R. Austin, chief of Bureau of Statistics, Department of Commerce and Labor.
1850 1900 1910
Gold coin $ 31,981,729 $ 99,272,943 $ 104,723,735
Silver coin 1,866,100 36,345,321 3,740,468
Gold and silver in circulation 147,395,456 610,806,472 590,877,993
Total circulation of money 278,761,982 1,142,050,334 208,016,245
Circulation per capita 12.02 26.94 34.33
Bank clearings in United States 84,582,450,081 169,025,172,000
Deposits in savings-banks 43,431,130 2,389,719,954 4,070,486,247
Deposits in national banks 2,458,092,758 5,287,216,312
Number of depositors in savings-banks 251,354 6,107,083 9,142,708
Imports of merchandise 173,509,526 849,941,184 1,556,947,430
Per capita 7.48 10.88 16.54
Exports of merchandise 144,375,726 1,394,483,082 1,744,981,720
Per capita 6.23 17.96 18.28
Wealth per capita 307.69 1,164.79 1,310.11
Public debt less cash in treasury 63,452,774 1,107,711,258 1,046,449,185
Public debt per capita 2.74 14.52 11.35
The above are only a few items which are indicative of many others, as showing the progress of wealth in the United States. This is clearly true, and should be taken into consideration, that the wealth in its average per capita is far greater than in 1850; yet it is not so evenly distributed. A great part of the wealth of America, at the present time, is found in the hands of comparatively few.