Salt Lake Tribune | 1900-09-02 | Page 13 | Changes in Wealth

CHANGES IN WEALTH The change taking place In the nature of wealth Is Illustrated In the fact that last year the Income of landholders from land In England and Wales was but 17 per cent of the total estimated I value of annual Income whereas In 1870 the Income from land was Us t per cent of I the total Of course there has been an Increase of aggregate annual value in the last thirty pms but it has been In factories shops and dwellings I I which rose from 52 to G6 per cent of the total Railways rose from r f to 9 percent I per-cent while mines mid other kinds of property lose from 5 t07 per cent The total rataole value last year was 878000000 or 353000000 more than In 1870 4 In this country a like change has been going on The proportion borne by agricultural wealth to other forms of wealth has greatly decreased In the United States In the last thirty years The actual aggregate wealth of om agriculturists has no doubt Increased greatly but the wealth In factories railways ships city dwellings business houses etc has Increased much more This Is but natural The demand for agricultural products Is limited and the supply Is more than suHelent for our needs with the result that capital seeks other Investments and goes into comforts I com-forts and luxuries demanded by this I progressive age Baltimore Sun