lars that you steal from somebody else, the
big financier steals from you, and
takes everything else you’ve got
with it. Yes, he makes a clean
sweep. You may make some
widow pay you one hundred dollars a year interest, but by that
same game that you cheat her the
financier cheats you. He gets you
eventually for everything; no
matter how tricky you are and
especially after you get old and
feeble. Now, I haven’t much time to talk to you, but while I am here I want to tell you a few things that you won’t forget. I say that financiers are stealing from the American people four-fifths of their earnings through the interest-collecting swindle. They have already taken from the American people more than three-quarters of their property for which they have given nothing in return. In 1928, when everything was said to be going good, it was estimated that the aggregate wealth in America was about four hundred billion dollars. Now, today, three-quarters of that, or three hundred billion dollars worth of American wealth, is controlled by the financiers, leaving one hundred billion dollars of wealth in the hands of the people. On top of that the American people let the financiers run up an interest-bearing indebtedness on them of another three hundred billion dollars. So the financiers not only own three-quarters of our property now, but they also signed us up to I.O.U.’s, as it were, in the shape of interest-bearing indebtedness for another three hundred billion dollars. Now, we are paying twenty billion dollars a year annually in interest on that three hundred billion dollars of interest-bearing indebtedness. We are paying that to alien financiers—not alien workmen—don’t get them mixed. The alien workman is a producer of wealth. He works hard. But the alien financier doesn’t produce anything. He is like a sponge. He absorbs all of the wealth that is produced in this country without giving anything back. So don’t ever confuse the two. The alien workman is a producer of wealth Tne alien finance is a sponge. We’ve got to get rid of that alien sponge that swallows up all of our wealth. They say, that we have got sixty billion dollars in the banks. I say they lie. There never was sixty billion dollars in America during its entire history. Still they come out in the newspapers and say they’ve got sixty billion dollars on deposit. Now, in 1932, before they revalued the gold the whole amount of money in America ran about nine billion dollars, including the gold, but gold isn’t money any more. Gold is a bait to catch the fish and skin them. It is no longer money. If it is money, just let me see how much money you’ve got in your pockets. You haven’t any, so how can it be money? It is a bait that the alien financiers hold to skin you with. To show you now they skinned you, they told you how good it would be for the American people if they revalued the gold. You be- |