"This practice of saving and getting interest on money started your moneyism system, gradually developing into your present stupendous one which holds in its power every one of you on Earth.
"Where the profit angle is concerned, you seem to forget and not to adhere to traditional and religious custom and laws.
"It may be unknown by many of you, that the receiving or charging of interest, was, and still is condemned in most of your religious scriptures, as immoral, illegal, and sinful.
"During your Roman era, and even for some time afterwards among your world nations interest charging was severely punished as a crime.
"Interest charging, contrary to your religious precepts, is now not only legal, but justified, and is the fundamental principle of your moneyism.
"Every one of your nations and states legally permits a different standard level of interest plus premiums, commissions, and other charges. In some of them it has reached high usury proportions.
"Land and commercial moneyism, in existence for so long, brought on your money and industrial financiering. Inasmuch as you gentlemen come from the United States of America, the foremost financial country of your world, we had better concentrate on it.
"Don't let us confuse your money system with your form of government, or political economy with your political science. They are two different, and distinct entities.
"Your founding fathers certainly originated a sound form of government. You can be proud of your constitution, your three branches of government, your bill of rights. We on Mars feel it is the best government on your earth, outside of your economic system, in many ways similar to ours. As your traditional and very ancient custom for the benefit and protection of your citizens and for the purpose of withholding its control from greedy, monopolistic or dishonest individuals, as well as guarantee its uniform value, your government was compelled then, as it is duty bound now, to assume the many responsible and most important money functions, as well as create, promulgate, and enforce its laws, developing the following bureaus and departments. The bureaus of the mint, engraving, the office of the treasurer, register of the treasury, controller of currency, the farm loan bureau and the federal reserve system.
"Thus Congress, the Treasury, and the Federal Reserve, are the fountain heads of your money and moneyism; your banks, its multiplex reproduction incubators, and foster parents reproducing it with lightning rapidity, through interest, compound interest, dividends, bonuses, premiums, commissions, dues, rents, and profits. Your commercial and investment banks and your trust companies receive, pay out, finance foreign credits, underwrite and distribute new securities, and buy government and state bonds. There are more than 14,855 establishments, with arteries in more than 20,000 large business savings and investments. National and state banks and trust companies are located in all your large and small cities. Many of them are members of the Federal Reserve Banks. Your 300 large life insurance companies and all other lesser ones, your great number of private bankers, your financial investment, loan, and mortgage companies, your pawn and stock brokers, and your many other financiers control the loans of money. They loan it on stocks, bonds, notes, commercial paper, collateral securities, on contracts of future deliveries of all staple commodities, imports, exports, real estate mortgages; to nearly all of your industrial, commercial houses and utility companies, transportation, shipping, your farms, your business, your home, your furniture, your food, your automobiles, trucks, your jewelry, your clothes, your tools, your wages, and anything you possess of value. Even on your false teeth. That money loaned to you is derived from your savings, dues, and premiums.