Benefactor — Whipping Themselves, by Alfred Lawson — Page 1 2 3 4 5 6 7 8 9 10 11 - Next

profit?” asked he. When I said yes, he asked, “What is the difference between interest and profit?”
 “Well,” I said, “when you have the money and let it lay dead in your vaults and don’t let the people use it as a trade convenience unless you collect interest on it, you are getting something for nothing. But if you use that money to build factories and put everybody to work at good wages, the profit made upon the investment is payment for something useful and you are getting something for something.”
 So he said, “Lawson, that is an honorable way to do business and I am with you.”
 We're not going to do away with money. We are not going to take anything away from anybody. We are going to see that there is enough money put into circulation so that anybody with practical plans for the production. of wealth will be given an opportunity to produce it.
 You cannot use money as a trade convenience for the production and distribution of wealth if it is lying dead in the financiers’ vaults. It must be in the pockets of the people for spending purposes. There are only Four Billion Dollars now in use as a trade convenience for One Hundred and Thirty Million people. That is why millions of people have no employment. There isn’t enough spending money in the people’s pockets. It’s all in the vaults of the financiers except Four Billions.
 Now, you have Four Billions in your pockets to spend, and your annual interest bill is Twenty Billions.
 The people pay Twenty Billion Dollars in tribute es interest for the use of Four Billion Dollars. So, four-fifths of everything you earn goes to the financiers. Anybody who cannot understand that after I have made it so plain is actually too dumb to have money to spend at all.
 We have literature that makes Economics so plain that little children can understand the difference between finance and capital and why both capital and labor are being crushed by finance. Surely the grown-ups should study it and learn how the people are fleeced out of their earnings.
 The Commander-in-Chief of the Direct Credits Society is a planner. If you will study his plans you will be benefited. If you become an officer and follow his instructions, it will improve your standing in the world. He is the Coach of the People’s Economic Team. He is an educator, not a dictator.
 The coach says, “Officers, do what I tell you to do and you will win the game.” So, the officers say, “People, if you will do what Lawson tells you to do you will win the battle against the Swindling Financiers.”
 Well, they have jammed the people into this auditorium like sardines, and there are crowds on the outside listening to the loud speaker. I could stand here and talk for another eight hours, but I am afraid that you could not stand it. So, I will stop right now.
 But, just remember that the ancient strong man lost his strength when his hair was shorn through the scheming DAMSEL

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