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The Thames Star. Resurrexi. SATURDAY, DECEMBER 9, 1911. EDITORIAL.

PROGRESS OF AMERICA, 4— SOME STARTMNG FIGGWES. Ah official compilation which has been issued by the United States Department of Commerce and Lia'boor . gives an interesting statistical summary indicating the progress of the country mentioned during the period 1800-1911. It shows that the' public debt, which was .£10,000,000 in I'Boo, now stands at £203,000^000, the

per capita amount having dropped ■ from ,£3 2s Gd to £2 -3s 4d, but hi 1865 it stood at £15 Bs. Likewise the interest charge per head, which amounted to only 2s 7d in the year first mentioned, lias receded to I'ld, ' tuid the total interest charge bin ' moved 'backwards, until it has toviehecf ■,£4,200,000. Money in circulation in, the earliest year mentioned was £5,300,000, but at the close of the financial period ISHO-I<l it was £645,-

7'2i5,400, the per capita airculatiori Iwing approximately £1 and M 17s 6d respectively. Deposits in banks prior to ls>7'o cannot Ix 3 given. in that year they aggregated slightly

.-■• more than .£.100,0(10,000, as against over .£3,000,000,000 in 1910. The number of depositors in savings banks in the States in 18*20 was a little less than 9000, whilst last y^a. ' tho total was over 9,000,000. Exports of domestic merchandise, which iii ISOO represented £6,-100,000, aggregated k1100,000,000 at the middle of the .current year, and imports rose in the same period from £18,300,000 to £300,000,000. The continental arcn ' of the United States meantime has - risen from 843,W0 squaa-e miles - *r--3,026.789 miles, and the population ' from 5,31*0,000 to 93,750,000. '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19111209.2.18

Bibliographic details

Thames Star, Volume XLVI, Issue 10128, 9 December 1911, Page 2

Word Count
257

The Thames Star. Resurrexi. SATURDAY, DECEMBER 9, 1911. EDITORIAL. Thames Star, Volume XLVI, Issue 10128, 9 December 1911, Page 2

The Thames Star. Resurrexi. SATURDAY, DECEMBER 9, 1911. EDITORIAL. Thames Star, Volume XLVI, Issue 10128, 9 December 1911, Page 2