Capitalism will be wiped out
entirely if it does not separate
from Financialism.
INTEREST is the thief of Everybody. It robs the Government, it robs the manufacturer, it robs the inventor, it robs the merchant, it robs the professional, it robs the laboring people. It robs everybody but the financiers who control the money and thereby gain the power to stifle governments, industry, trade and employment. Before the industrialist can manufacture a product he must borrow money from the financier and pay tribute for the use of it. He then adds that tribute to the cost of the product, plus his own profit, and sells it to the merchant. But before the merchant can buy the product he, too, must borrow money from the financier and pay a tribute for the use of it. The merchant then adds this tribute, plus his own profit, to the cost of the same product. Then when the consumer wants to buy the product he, too, must borrow money from the financier and pay tribute for the use of it in order to do so. So the top financiers force the people to pay several tributes upon the same product—one for its manufacture, one for its distribution and one for its purchase. Yes, the financiers even force the government to pay tribute upon the money that it makes itself and puts the people’s stamp of approval upon in order to get them to accept it as a trade convenience. It is hard for a sensible person to realize that a whole nation of human beings would submit to such a fraudulent and ludicrous system. But they do and people have actually laid down and starved to death by the billions during the past without making the least effort to change it. In my other literature you can learn how the financiers bring on these depressions by withdrawing the money from circulation and hoarding it in their vaults so that they can take over manufacturing plants, newspapers, office buildings, hotels, stores, farms and homes at the price of their loans, which is usually from one-fifth to one-tenth the property value. For instance, they loan a manufacturer One Hundred Thousand Dollars on a Million Dollar plant and as they will not iend him any more money he is forced into receivership and the financiers take over his plant at the price of their loan. By that scheme they obtain Nine Hundred Thousand Dollars worth of property for nothing. They adopt the same tactics to get possession of publishing plants, railroads, office buildings, hotels, stores, farms and homes. Now, as long as the people continue to go to the Touts of the financiers for advice, and, as long as they permit the financiers to put in their Touts as heads of their organizations, and, as long as they get all of their information and education from financiers controlled newspapers, magazines, books, radio, screen, schools and colleges, these deplorable conditions will not only continue, but by the very nature of the interest collect- |