G OBSERVATIONS REGAEDING ACCUMULATED CAPITAL WEALTH, 



cate the comparative nominal values of present capital 

 value of production as compared with the annual value 

 alone available for the current year's con: sumption. No 

 mere readjustment of ownership of claim or right to the 

 existing instruments of production can increase the volume 

 or value of the current year's wealth of production avail- 

 able ioT consumption. 



Tasmania. 



THE STATE WEALTH-PRODUCING MACHINERY 



AND FORCES. 



Estimated Value, Year 1914. 



* The somewhat misleading title "Accumulated Wealth," 

 unfortunately, is usually restricted to the Groups I. and II. 



