Benefactor — Champions at Skinning the People, by Alfred Lawson — Page 1 2 3 4 5 6 7 8 9 10 11 - Next

value. Then by controlling the quantity of gold and issuing a limited amount of money in its stead as a medium of exchange they force a tri­bute upon the people in the shape of inter­est charges for the use of it.
    Right here let me explain that money has no value whatsoever and should only be used as a trade convenience in the measurement of value.
    Value lies in the product and is decided by supply and demand.
    Money is of no use at all unless people will accept it in exchange for their products and no one will ac­cept it unless it is guaranteed as a me­dium with which to purchase other pro­ducts.
    The stability of money then is given to it by reason of the fact that people will accept it as a trade convenience.
    The guarantee that all of the people will ac­cept it as a trade convenience is the official stamp of the people's government.
    So the people of a country are the ones to de­cide as to the regulation of their money sys­tem and not swindling financiers.
    But the people of the United States have turn­ed over their money system to the finan­ciers and these tricksters do not use this money as a pure trade convenience but as a medium to de­fraud the people by making them pay tribute for the use of it and thereby they are enabled to not only swindle the Ameri­can Manufacturer, American Inventor, American Farmer, Ameri­can Merchant and American Working People out of their Factories, Inven­tions, Farms, Stores and Homes but they are able to run up con­tin­uously an indebtedness of future Interest pay­ments that not only increase to such proportions that they can never be paid, but it also enables them to actually make slaves of the people them­selves on account of the indebtedness.
    During the past ten years, through this interest collecting indebtedness that the Manu-

facturers, Merchants, Farmers, Inventors and Working People were not able to meet, the fi­nan­cier foreclosed on more than 200,000 fac­tories, more than three million stores, more than three million farms. and more than six million homes in America. They took away more than three hundred billion dollars worth of the American people's wealth by this swindling game for which they gave absolutely nothing and for which they took no part in the actual production thereof.
    And on top of that, to make matters worse, by their various crooked credit methods they made the people of America sign up to interest bearing indebtedness for future payment for more than another three hundred billion dol­lars of in­debt­edness for which these financiers gave absolutely no return in tangible wealth.
    Now it is estimated that at the present time the people of the United States must pay alto­gether an aggregate of more than twenty bil­lion dollars annually to try and meet the inter­est on this three hundred billion dollars of in­terest bearing indebtedness.
    Of course the American people cannot pay twenty billions of dollars annually as there is not that much money in America and never was that much money in America, so their interest bill is several times more than the actual amount of money in circulation in this country.
    Of course the financiers, through their var­ious avenues of publicity, misrepresent this whole infernal scheme of stealing the people's property and even go so far as to pretend that there is sixty billions of dollars on deposit in the American banks which of course is only done to fool the people into thinking that there is more money in America than there is.
    Previous to the revaluation of the gold fraud in which they, by the stroke of the pen, called one dollar in gold two dollars in gold and therefore reduced the dollar bill to one-half of its pur­chasing power, there was never ten billion dollars

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