facturers and laborers.
Who develops the land and makes it valuable? Who makes the products for the comfort of the people? Farmers, inventors, manufacturers and laborers. Who has in their possession ninety per cent of the wealth created by the farmers, inventors, manufacturers and laborers? The Financiers. What did the financiers give to the farmers, inventors, manufacturers and laborers for the wealth which they produced? Absolutely nothing. How then did they get the combined wealth of the farmers, inventors, manufacturers and laborers from them if they gave nothing in return for it? By and through the Interest Collection Swindle. They play what is known as the “SOUND MONEY” game. The only sound you get out of it is the yell you raise after they have taken everything away from you. These swindlers get control of the visible supply of a dead metal called Gold, put it in their vaults. where you can neither see nor feel nor even hear it, and call it the standard of value upon which the purchasing power of all money issued must be rated. They say so many ounces of gold represent so much purchasing power in the dollar. Then they proceed to issue paper currency as a medium of exchange in lieu of the Gold they hoard in their vaults. They then restrict the amount of money to be used as a trade convenience and force everybody who wants to use money to pay them a tribute in the shape of interest for the use of it. Finally they issue credit in place of money and charge more than twelve times as much interest on the credit as there is actual money. For that reason the people are charged annually more interest than there is money, and as the people cannot pay more interest than there is money the unpaid back interest grows up to mountainous proportions until now the people owe an indebtedness of back interest of more than $300,000,000,000, which will naturally grow into thousands of billions of indebtedness on back interest if the people allow this crazy interest collection swindle te continue for a few more years. Of course as long as the manufacturers had factories, the farmers farms, the merchants stores, and the people homes that the financiers could gobble up for back interest, things could move along in some sort of a slipshod way. But since almost all tangible security has been taken away from the people the only method left for the financiers to collect the interest the people have pledged to pay is by increased taxes. The biggest part of the enormous taxes now collected from the American people goes toward the payment of back interest to the financiers. So as there are fewer and fewer factories, stores, farms and homes to take from the people, the alien financiers will be forced to increase taxes to meet the increased interest until the people are ground down to mere working worms. |