The Scientific Monthly, October to December, 1915Various
Science
The Scientific Monthly, October to December, 1915
Various
Science -- Periodicals; Technology -- Periodicals
No one can have any conception of what $46,000,000,000 may be.
It is four times all the gold and silver in the world. It
represents, it is stated, about 100,000 tons of gold, and would
probably outweigh the Washington monument. We have no data as
to what monuments weigh, but we may try a few other
calculations. If this sum were measured out in $20 gold pieces
and they were placed side by side on the railway track, on each
rail, they would line with gold every line from New York to the
Pacific Ocean, and there would be enough left to cover each
rail of the Siberian railway from Vladivostock to Petrograd.
There would still be enough left to rehabilitate Belgium and to
buy the whole of Turkey, at her own valuation, wiping her
finally from the map.
Or we may figure in some other fashion. The average working man
in America earns $518 per year. It would take ninety million
years' work to pay the cost of the war; or ninety million
American laborers might pay it off in one year, if all their
living expenses were paid. The working men of Europe receive
from half to a third the wages in America. They are the ones
who have this bill to pay.
The cost of a year of the great war is a little greater than
the estimated value of all the property of the United States
west of Chicago. It is nearly equal to the total value of all
the property in Germany ($48,000,000,000) as figured in 1906.
The whole Russian Empire ($35,000,000,000) could have been
bought for a less sum before the war began. It could be had on
a cash sale for half that now. It would have paid for all the
property in Italy ($13,000,000,000); Japan ($10,000,000,000);
Holland ($5,000,000,000); Belgium ($7,000,000,000); Spain
($6,000,000,000) and Portugal ($2,500,000,000). It is three
times the entire yearly earnings in wages and salaries of the
people of the United States ($15,500,000,000).
We could go on indefinitely with this, playing with figures
which nobody can understand, for the greatest fortune ever
accumulated by man, in whatever fashion, would not pay for
three days of this war.
Public-domain text, read in full here on John Shaqi.
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