File:The journal of American history (1909) (14598186138).jpg

Identifier: journalofamerica00mill (find matches)
Title: The journal of American history
Year: 1909 (1900s)
Authors: Miller, Francis Trevelyan, 1877-1959
Subjects: Lincoln, Abraham, 1809-1865 Lincoln, Abraham, 1809-1865 Americana Antiques
Publisher: New Haven, Conn. : Associated Publishers of American Records
Contributing Library: Lincoln Financial Foundation Collection
Digitizing Sponsor: The Institute of Museum and Library Services through an Indiana State Library LSTA Grant

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ly $48,000,000,000. Russia, an empire whose scepter sways over one-sixth of the world, a land with a thousand years of recorded History, com-mands only $35,000,000,000. Austria-Hungary, the great dual empire,including Bohemia, the Bohemia of song and story, owns but $30,000,-000,000. Italy, imperial Italy, the land of the Romans and the Renaissance,has only $18,000,000,000. Spain, poor Spain, after the billions taken fromthe mines of Mexico and Peru, owns her $12,000,000,000. To put all this in another form, this land in which we live—Godscountry, as the exiled consuls, ambassadors and ministers call it—pos-sesses but a small part of the worlds area, in rough figures, one-fourteenth,and of its population, one-twentieth. Yet it produces twenty per centof the worlds wheat, thirty per cent of its gold, thirty-two per cent of itscoal, thirty-three per cent of its silver, thirty-four per cent of its manufac-tured products, thirty-five per cent of its iron, thirty-six per cent of its 41
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k 1 Atnnrtra—(gtrarirtan nf % OTnrUns Jfear? cattle, thirty-eight per cent of its steel, fifty per cent of its petroleum, fifty -four per cent of its copper, seventy-five per cent of its cotton, eighty-fourper cent of its corn. In 1904 it produced 13,000,000,000 pound bales of cotton, 27,000,000,000 bushels of corn and more than 775,000,000,000 bushels of wheat. We have twenty per cent of the worlds money inside our gates,twenty-five per cent of its coin and bullion, sixty-seven per cent of its bank-ing power, or $14,000,000,000, thirty-three and one-third per cent of itssavings bank deposits, forty-two per cent of its railroads, and more thanhalf of its thirty best harbors. The foreign trade of the world is about$22,000,000,000 per twelve months; the internal trade of the United Statesis $22,000,000,000. Is comment necessary? Europe has 12,000 square miles of coal lands, much of it nearingexhaustion—so much so that Great Britain, in alarm, has created two com-missions latterly to

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