AMERICA'S NATIONAL WEALTH.
STUPENDOUS FIGURES.
NEW YORK, June 4. It is estimated that the national wealth of the United States is approximately .£110,000,000,000, according to the latest figures compilpfl by the Federal Trade Commission at Washington. The country's wraith is growing at the rate of ten "to twelve thousand million pounds annually.'and th<i income increases by £200.000J000 a year. The actual wealth in 1922, the latest vear for which tigur« are available, is put at £71,000,000.000--an increase, of 16 per cent, in the ten year period after making all allowances for the 'lower purchasing power of the dollar. * In 1922 the wealth of American corporations was put at approximately £20,000,000,000.
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Bibliographic details
Poverty Bay Herald, Volume LII, Issue 17088, 17 July 1926, Page 2
Word Count
110AMERICA'S NATIONAL WEALTH. Poverty Bay Herald, Volume LII, Issue 17088, 17 July 1926, Page 2
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