glutton’s taste. You have become accustomed to their swindle and are satisfied.
 These tricksters have made you believe that they own the money and that the people must pay them everlasting tribute for the use of it.
 Now, have you ever stopped to learn what money is?
 The financier’s touts tell you that it is too deep a subject for anybody to understand.
 Well, it is, if you get your education from the rogues who swindle you out of everything you earn. But a little child can understand the functions of money if explained to them by an honest and enlightened educator.
 Money is merely a trade convenience. That is, it is an agreement between everybody that they will accept a piece of paper at a certain stated purchasing power to represent the value of the labor, products or land that they exchange for it.
 The money as it is has no value at all and unless somebody else will accept it in exchange for labor, products or land then it is just so much rubbish. It makes no difference what sort of material it is made of.
 The Value lies in the Labor, Products or Land and not in the money exchanged for it. The difference in the value of Labor, Pro­ducts or Land is given to it according to the Law of Supply and Demand.
 Money, therefore, is not value but merely the measurement of value and if it is used as such then it can neither be shrunk nor inflated any more than a yard can be increased or decreased in measuring distance or a pound can be made more or less in measuring weight.
 Now, in order to make money effective so that everybody will accept it in exchange for their labor, products or land, the people as a whole must put their stamp of approval upon it through their accredited governmental representatives and back it up with the entire wealth and integrity of the nation.
 Then the government must loan the money to the people with the power of recall whenever found advisable or necessary. In this way the people will borrow their own money from their own government in such quantities as may be required for trade convenience in carrying on their individual or corporate business.
 Under the Direct Credits Plan the government will lend you the money to use in the measurement of the value of the things that you will trade in just as it would loan you a yard stick to measure distance with. After you used the money for the purposes you borrowed it for then you would return it to the government just as you would return the yard stick after using it. The money will not be your property. It will only be loaned to you as a trade convenience.
 When the people through their own governmental representatives loan themselves money to be used as a trade convenience they will, of course, not charge themselves TRI­BUTE for the use of it and therefore this fraudulent degrading thing called IN­TER­EST will be abolished.