National Affairs: Purse and Belly

Uncle Sam patted his purse. Yes, it was very, very full. For a long time the Census Bureau has been adding and subtracting and multiplying and dividing. And last week the Census Bureau finally figured how much was in the purse—on Dec. 31, 1922. On that day the purse held $320,803,862,000—a lot of money.

But what does $320,803,862,000 mean? It means that the average wealth per capita in this country is $2,918. For 1912, ten year's earlier, the Census Bureau added up Uncle Sam's purse contents and found $186,299,664,000—a per capita wealth of $1,950....

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