Benefactor — Finance is the Bunk, by Alfred Lawson — Page 1 2 3 4 5 6 7 8 9 10 11 - Next

    Six dollars! you shout. This is the most wonderful thing I ever heard of; this is the greatest money-making scheme that was ever invented. And that was once that you told the truth. It positively is the greatest money-making scheme ever invented. Then you walk along thinking of what you intend to say to the old lady when you get home. Here’s six dollars I got for nothing.
    But before you get out of that rope-em-in the fellow that loaned you a thousand dollars to buy your stock with says,
Come here, you owe me sixty dollars interest on the mortgage.

    You gasp, Sixty dollars! Ten times more interest than you gave me?
   
Yes, we loaned you a thousand dollars to buy the stock didn’t we? Well, six per cent on a thousand dollars is sixty dollars, isn’t it?
    Then he says,
You see, we have been good to you. We have let you earn six dollars on a hundred dollars, and now you can give us that six dollar’s back and then you only have to pay us fifty-four dollars more for the interest on the mortgage.
    So you scratch your head and say, Well, that isn’t so bad. If I hadn’t got that six dollars for nothing I would have had to pay the whole

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