Yet THEY have the use of YOUR money FREE. If YOU get the use of a dollar of it, YOU MUST GO TO THEM FOR TERMS.
Tough, isn’t it?
No wonder the money supply is congested. So long as the Government TAXES IT OUT OF THE POCKETS OF THE MANY, and delivers it over TO THE FEW, there is bound to be congestion.
Yet, the Pet National Banks are moving heaven and earth, RIGHT NOW, to have CONGRESS LEGISLATE IN FAVOR OF GREATER CONGESTION. The power of the Few over the Many must be increased by additional legislation. Otherwise, the bottom will drop out and Perdition will have us by the nape of the neck. When eminently respectable cabinet officers, congressmen, editors, etc., tell you that THE PRESENT SYSTEM OF RUNNING THE FINANCES IN FAVOR OF WALL STREET SPECULATORS AND PET BANKS is safe and sane, and that all we need is to make it a little more so, BELIEVE EVERY WORD OF IT AND VOTE ACCORDINGLY.
On the contrary, when some discredited crank tells you that it is an infernal shame to use the law-making machinery in that manner, howl him down, at once.
Don’t lend to the taxpayer his own money at four per cent. That’s paternalism—and it STINKS.
Take the taxpayers’ money and LEND IT TO THE PET BANKS without any interest.
That’s statesmanship—and it SMELLS LIKE ATTAR OF ROSES.