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Domestic News
July 8, 1915
The Emmett Index
Emmett, Gem County, Canyon County, Idaho
What is this article about?
The New York American reports U.S. national wealth grew from $107.1 billion in 1904 to $187.7 billion in 1912 ($1,318 to $1,965 per capita), now over $200 billion ($2,000 per head), rising $10 billion yearly, possibly accelerating with economic spirit.
Clipping
OCR Quality
98%
Excellent
Full Text
You ought to be worth $2,000, according to the following talk on our national wealth, from the New York American. Our national wealth, which has been increasing at the rate of $10,000,000,000—ten thousand millions—every year for the last decade, will mount up at a much faster rate if the spirit of economy which has ruled for many months continues. Our total wealth increased from $107,100,000,000 in 1904 to $187,700,000,000 in 1912, or from $1318 to $1965 for each man, woman and child in the country. Today our national wealth must stand at well over $200,000,000,000, equal to $2000 per head, a showing not equalled by any other land.
What sub-type of article is it?
Economic
What keywords are associated?
National Wealth
Economic Growth
Per Capita Wealth
United States Economy
Where did it happen?
United States
Domestic News Details
Primary Location
United States
Event Date
1904 To 1912
Event Details
National wealth increased from $107,100,000,000 in 1904 to $187,700,000,000 in 1912, or from $1318 to $1965 per person. Today it exceeds $200,000,000,000, or $2000 per head, increasing at $10,000,000,000 annually for the last decade, potentially faster with continued economy.