by r. m. johnston, i.s.o., f.s.s. 107 



Table Showing Character of the Forms of Wealth 

 (Consumable Wp:alth) Actually Produced and Con- 

 sumed IN each Year in Australia, together with its 

 Equivalence in the Hours of Human Labour absorbed 



ANNUALLY IN ITS PRODUCTION PER HeaD. 



The total amount of real wealth annually consumed in 

 the Commonwealth of Australia by the whole population 

 is estimated at present to be about £185,340,000, or £108 

 9s. 8d. per breadwinner, or £46 3s. 9d. per head of the total 

 population, including non-effective dependents. 



The capital value of property (a) is land, houses, live 

 stock, furniture, machinery, shipping, railway plant, gold 

 and bullion, personal effects, and all other instruments of 

 production, transport and manufacture, is estimated at 

 present to amount to £980,000,000. 



It forms no part, however, of the £185,340,000 of the 

 real wealth of products and services annually consumed and 

 enjoyed by the people any more than the estimated capital 

 value of ibhe effective producing energies of man's labour 

 and skill (b), which mav be reckoned to amount to a sum 

 of at least £2,937,700,000. 



The combined effective capital value of (a) property, and 

 (b) man's effective labour and skill, services engaged in the 

 production of real or consumable wealth, is estimated at 

 £3,917,700,000. All the capital value of claims which the 

 combined agents of production can put in force in any one 

 year therefore cannot exceed the value of consumable 

 wealth produced within the same period, viz., £185,340,000, 



