THE FRENCH NATIONAL FORTUNE.
M. Edmoxd Thery, a well-known statistician/tells us that at the end of the stormy period, 1789-1815, tho national fortune of France was £2,560,000. .From ; 1830-1908 this fortune was more than quadrupled, for it is now stated to be nearly £11,500,000. Now, in 1908 the population >of France was a little over 39£ millions. If the whole . national fortune could then have been divided, up among tho members of great French-family— admit that the operation would mean the collapse of the whole edifice —each Frenchman might have soliloquised thus: > v " --.." Jr^; possess property to the amount of £292 lls,2|d."&ln the last 16 years business: has not' been bad, for I have realised £39 4s 9£d, or 15£ per cent, of mv capital. If, I count up my property, I may say that I have nearly, omitting Mailing's and pence, £76 in undeveloped land, £8 in agricultural stock and material, £59 developed land; I am concerned in commerce and industry to the extent of nearly £10, I have in my pocket-book French securities to the value of £68, and foreign securities to the value of £39; in my purse I have nearly £7 in„goM and over £2 in; silver. Lastly, my personal effects are worth £20 12s" 9£d, and my automobiles, horses, and carriages aro worth £2 ;Os 9id." i; M i
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Bibliographic details
New Zealand Herald, Volume XLVIII, Issue 14808, 11 October 1911, Page 10
Word Count
224THE FRENCH NATIONAL FORTUNE. New Zealand Herald, Volume XLVIII, Issue 14808, 11 October 1911, Page 10
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