The impending crisis : $b conditions resulting from the concentration of wealth in the United StatesBouroff, Basil A.
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The impending crisis : $b conditions resulting from the concentration of wealth in the United States
Bouroff, Basil A.
Trusts, Industrial; United States -- Economic conditions; Wealth
In order to have a more definite idea of the distribution of wealth, let
us compare both tables on one page, and remember that if the group
wealth were equally divided among the group-families, each family could
have such amount of it as the averages indicate. And mind that the next
two tables, being based upon the same census facts, represent the
results of careful comparison of the original ones.
The 1st Table as Restored.
--------------------+------------+----------------+----------
Owners of Wealth. | Number. | The wealth of | Average.
--------------------+------------+----------------+----------
The poorer classes | | |
under $500 | 5,584,576 |$ 837,686,400 |$ 150
| | |
The middle classes | | |
$500 to $5,000 | 5,584,576 | 8,522,541,600 | 1,526
| | |
The well-to-do | | |
classes $5,000 | | |
to $50,000 | 1,394,250 | 22,676,863,197 | 16,264
| | |
The wealthy classes | | |
$50,000 and over | 126,750 | 33,000,000,000 | 260,355
--------------------+------------+----------------+----------
The totals. | 12,690,152 | 65,037,091,197 | 5,125
--------------------+------------+----------------+----------
The 2d Table as Restored.
--------------------+------------+----------------+----------
Owners of Wealth. | Number. | The wealth of | Average.
--------------------+------------+----------------+----------
Tenants of farms | | |
and homes | 6,871,099 |$ 2,837,049,500 |$ 413
| | |
Owners of mortgaged | | |
farms and | | |
homes worth less | | |
than $5,000 | 1,483,356 | 2,614,955,764 | 1,762
| | |
Owners of free | | |
farms and homes | | |
worth less than | | |
$5,000 | 2,814,697 | 3,908,222,736 | 1,388
| | |
Owners of farms | | |
and homes worth | | |
$5,000 and over | 1,521,000 | 55,676,863,197 | 37,117
--------------------+------------+----------------+----------
The totals. | 12,690,152 | 65,037,091,197 | 5,125
--------------------+------------+----------------+----------
Public-domain text, read in full here on John Shaqi.
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