"The Gold Power sought for and secured universal dominion over all the
nations of the earth and there being no other nations to conquer, in
its inordinate greed, it continued to impose additional burdens upon
the people. This met opposition, first from one class and then from
another, but all these movements were animated by the same element of
selfishness which characterized the Gold Power. The farmers organized
to secure better conditions for themselves without any regard to the
interests of the millions of wage workers and others upon whom they
depended for a market. The workmen organized to secure better wages
for the members of their unions with no regard for any other class
of people, or even for other workmen who did not belong to their
fraternity. At the close of the old system the small dealers and
manufacturers were unanimous against the encroachments of the vast
combines who could undersell them, but they ignored the interests of
the great mass of consumers upon whom they depended for a market.
Selfishness, in the baser sense, guaranteed the failure of all these
movements. No one class of people, seeking to promote its own selfish
interests was able to hold its own against the superior intelligence of
the great financiers who had planned to financially conquer the world
by controlling the world's supply of gold through an organized system
of creating debts both actual, for borrowed money, and constructive as
investments which exacted tribute from the wealth producing classes.
This process of debt creating continued until in this country the
entire volume of sixteen hundred millions of money of all kinds
would have paid but a fraction of the annual charge for interest,
dividends, etc., upon investments and all the gold in the world, about
$4,000,000,000 would have paid but a fraction of the principal.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account