29 JUNE 1929, Page 13

FINANCIAL MATRIARCHY.

Approximately 41 per cent. of the individual wealth of the United States is controlled by women, so a recent bank survey shows. Should this proportion increase at the present rate, financial matriarchy would be established by the year 2025. Women are receiving 70 per cent. of the estates left by men and 64 per cent. of the estates left by other women. In addition they are the beneficiaries of 80 per cent. of the $95,000,000,000 worth of life insurance policies in force in this country. According to income tax reports the majority of incomes of over $100,000 are in feminine hands, while over 41 per cent. of the entire income tax is paid by women. As a result of their financial ascendancy women comprise an actual majority of stock-holders in the largest corporations in America, and constitute from 85 to 40 per cent. of invest- ment house customers.