Benefactor — Champions at Skinning the People, by Alfred Lawson —
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another one of their tricks to fool the American people and gyp them out of their earnings.
    Another trick is to pretend that the interest bearing indebtedness of this country is only forty-five billion dollars—yes, only forty-five billion dollars. That amount is only the Federal indebtedness. They do not mention anything about the different states' indebtedness, the different counties' indebtedness, the different municipalities' indebtedness, nor the enor­mous private indebtedness that the people must pay interest on to the financiers which altogether totals more than three hundred billions of dollars and more than ten times as much as the Federal indebtedness of forty-five billions of dollars which they tell you about generally. They do not say much of anything about the interest bearing indebtedness on railroads, airlines, boat lines, trolley lines, buildings, mines and all sorts of real estate transactions, all of which runs up to more than three hundred billion dollars of interest bear­ing indebtedness that the people must pay and which is increasing in leaps and bounds with every tick of the clock.
    While the American people have been lulled into a deep sleep by the touts of the financiers who pretend that they are the friends of the people and who make the people believe that this interest collecting swindle is all right, it is my duty to wake them up and point out to them that this country is now in an insolvent condition and cannot meet their indebtedness according to this swindling interest collecting game. According to American law these swind­lers can anytime now declare this country in a state of bankruptcy.
    It was estimated in 1928, when times were supposed to be good, that the aggregate wealth of the American people totaled approximately four hundred billions of dollars. Since that time three hundred billion dollars of that wealth passed into the hands of the financiers.

This leaves less than one hundred billion dol­lars worth of wealth distributed among the one hundred and thirty million people of America today.
    So, as the American people owe three hun­dred billion dollars to the financiers in interest bearing indebtedness and only have among them one hundred billion dollars in tangible wealth, it can readily be understood that the financiers have the power to foreclose on the people of America and take away from them the remaining one hundred billion dollars worth of wealth that they think they own as payment for the indebtedness.
In reality the people of the United States owe three times more than they are able to pay with the wealth they possess. Therefore, they must meet this indebtedness by turning over their remaining property to the financiers. And after that they will still owe a continua­tion of interest bearing indebtedness that will pile up to mountainous proportions which they and their children and children's children will have to try and pay with their future earnings.
The man who owns a farm, the man who owns a home, the man who owns a store, or the man who owns a factory, must give up those farms, homes, stores and factories to the financier to pay this indebtedness. They are forced to do this by having to pay more taxes, still more and higher taxes, and still more and higher taxes until every American Manufacturer, Mer­chant, Farmer, Inventor and Working Man or Woman have been defrauded out of every piece of property that they think they own.
Nice game for the American people to get mix­ed up in, eh?
 The people of America do not know what this depression is all about nor how they are being swindled out of all of their property and earn­ings and how eventually they will be made into a slave race that will stagger under the burden

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