The Scandinavian Element in the United States: University of Illinois Studies in the Social Sciences, Vol. 111, No. 3, September, 1914Babcock, Kendric Charles
History
The Scandinavian Element in the United States: University of Illinois Studies in the Social Sciences, Vol. 111, No. 3, September, 1914
Babcock, Kendric Charles
Scandinavians -- United States
[217] "According to other statistics, the average annual earnings of a
workman amount to $625, and one may safely presume that every
able-bodied workman contributes every year 1/5 of his earnings
to the increase of national wealth. Taking into consideration
the period of time of a full working capacity of emigrants
according to their age, and considering the much less working
capacity of females, and the cost of raising the children which
they bring with them, one may fairly presume that, during the
last few years, not only considerable cash capital has been
taken to the United States by emigrants, but that every one of
them carries to that country, in his labor, a capital which may
be estimated at $1200. The total value of the labor thus
conveyed to the United States during the last five years, may
therefore be estimated at about $700,000,000. No wonder that the
United States of America prosper." _Hamburger Handelsblatt_,
March 18, 1881, quoted in translation from this "leading trade
journal of Germany", in _Annual Report of the Wisconsin Board
of Immigration_, 1881, 14.
[218] J. B. Webber, in _North American Review_, CLIV, 435 (1892).
Another phase of the economic advantages of Scandinavian immigration has
to do with the cash capital brought by the incoming thousands. While the
first Norwegians were of the poorest class of the community, who escaped
from unfavorable conditions almost empty-handed, squeezed out from the
bottom of society, as it were through cracks and crevices, and while
many of the later arrivals have had no other capital than strong hands
and equally strong determination, the great proportion of adults have
brought with them average sums variously estimated from $22 to $70 each.
G. H. Schwab of New York, whose firm was general American agent for the
North German Lloyd Steamship Company, estimated the average money or
money equivalent brought by the Scandinavians, at $22 per head, probably
including children in the calculation.[219] W. W. Thomas, Jr.,
Commissioner of Immigration for Maine, and later minister to Sweden,
states that 900 Swedes who came to Maine in one year, besides clothing,
tools, and household goods, had $40,000 in cash; and elsewhere he puts
the average at $50 per head.[220] The figures from Wisconsin, which
received better material than the average, would naturally run higher;
in 1880 the official estimate of cash brought by each immigrant was
"from $60 to $70."[221] Assuming an average of 50,000 Scandinavian
immigrants per year for the last thirty years,--a safe minimum--and an
average of $50 cash per capita, the annual addition to the cash capital
of the country would be at least $2,500,000.
[219] _Forum_, XIV, 810.
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