The Island of Porto Rico is prosperous. In the last fiscal year there
was a surplus of about $15,000,000 of exports over the imports into the
Island; but the distribution of wealth in Porto Rico is not equalized.
It has been estimated that the wealth of the Island is in the hands of
about 15 per cent of the population, and that the remaining 85 per cent
are practically dependent upon uncertain labor and wage conditions for
their maintenance. The per capita wealth of a country determines to a
great degree the financial situation as far as the average individual is
concerned. From the following list of per capita wealth in some of the
leading countries, it will be possible to estimate how the average Porto
Rican compares with the average citizen of other countries in this
regard. The following list is based on statistics of 1909:
Great Britain per capita wealth $1,442
France " " " 1,257
Australia " " " 1,228
United States " " " 1,123
Denmark " " " 1,104
Canada " " " 949
Belgium " " " 734
Germany " " " 707
Spain " " " 548
Austria Hungary " " " 499
Greece " " " 485
Italy " " " 485
Portugal " " " 417
Russia " " " 296
Porto Rico " " " 182
From the above table it will be seen that the average individual in
Porto Rico is comparatively poor.
Public-domain text, read in full here on John Shaqi.
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