THE RICHEST NATION IN THE WORLD.
The richest nation in the world, proportionally, is not Great Britain, not busy little Holland, not even the United States. For the greatest average of individual wealth we must (says the Sydney Daily Telegraph) look to the Australian Commonwealth. Australia is rich in land fit for settlement and industry. Its national prosperity is dependent upon no single product, but embraces pastoral, agricultural, and mining industries in almost equal degree, and to these are rapidly being added manufacture. Last year the to- • tal value of the products of States forming the Australian Commonwealth amounted to fully =£110,000,000. The mineral resources of Australia cannot even be guessed at. In the last forty-eight years the country has produced gold to the value of over .£360,000,000; in the last twenty, silver to the value of .£300,000. Diamonds are found in one district, rubies in another. There is at least one emerald mine in NeAv South Wales, and opals equal to any in the world are found in Queensland, while the pearl fisheries of the north western coast produce a considerable portion of the most valuable pearls of commerce.
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Bibliographic details
Motueka Star, Volume I, Issue 13, 24 September 1901, Page 4
Word Count
190THE RICHEST NATION IN THE WORLD. Motueka Star, Volume I, Issue 13, 24 September 1901, Page 4
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