Benefactor — Program, by Alfred Lawson — Page 1 2 3 4 5 6 7 8 9 10 - Next

wherever the financiers have been able to put in their DICTATORS who completely enslave the people.
 CAPITALISM at its worst is better than FINANCIALISM at its best.
 The people can be taught to make CA­PI­TAL­ISM work at its best under DIRECT CREDITS principles.
 Therefore:
PRINCIPLE 2 is — CAPITALISM WITH­OUT FINANCIALISM.
 The Constitution of the United States gives to Congress the power to coin money and regulate the value thereof. But private financiers have usurped that power and now they profess an inalienable right to print and curtail the use of money to suit themselves.
 Therefore:
PRINCIPLE 3 is — CONGRESSIONAL CON­TROL OF MONEY AND CREDIT.
 Alfred Lawson has spent sixty years getting practical experience and genuine knowledge of ECONOMICS, both Natural and Artificial. He has passed through every avenue of social effort, such as laborer, mechanic, farmer, manufacturer, industry builder, inventor, author, editor and educator. Now, as he has a humane desire to serve all of those different branches of human endeavor impartially, he has created a perfect money system that can be utilized as a trade convenience by everybody without loss to anybody.
 So Congress must be authorized to adopt this money system as copyrighted in his book, “KNOW BUSINESS.”
 Therefore:
PRINCIPLE 4 is — UTILIZATION OF THE LAWSON MONEY SYSTEM.
 The eleven points of the Lawson Money System as referred to above are as follows:
FIRST—this money system will be owned, controlled and operated by the people themselves, under the management of their trustee—the government.
SECOND—money will have no value at all but will merely act as a measure for the value of land, products or labor.
THIRD—the money will be loaned to the people by the government, acting as trustee, without any charges for its use whatsoever.
FOURTH—the government will have the power to recall the money instead of having to redeem it.
FIFTH—as money will have no value in this system the quantity of it issued will not effect its purchasing power.
SIXTH—as the quantity issued will not effect its purchasing power, money, according to the Lawson system, cannot be inflated or deflated, It cannot be stretched or shrunk in the measurement of value any more than a yard can be stretched or shrunk in the measurement of distance.
SEVENTH—money under this plan will be made to spend and not to hoard or sell.
EIGHTH—to prevent hoarding of money the government will recall it at specified times and exchange new money for it. The old money will then become worthless and have no purchasing power.

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