"All the people who were doing their buying and selling through these
exchanges were regularly supplied with carefully prepared literature
on economic questions and business methods, and of general information
as to the trend of current events, the progress of the new order which
placed business on an ethical basis and all matters of advantage
for an independent, cultured citizenship to understand. Then for
the first time, the multitudes began to realize the weakness of the
fragile thread by which they had been bound to the triumphal car of
Capitalism. Their experience gave them confidence. They used the same
business methods for the benefit of the many that had enabled the
few to concentrate in their own hands four-fifths of the wealth of
the country. It was therefore no untried experiment. They were only
exercising the same kind of business sagacity that had been used by the
money kings to financially conquer the world. Just in proportion as
they decreased the demand for money, it flowed in upon them in exchange
for their products at a steadily increasing price. They had established
a DEBT-PAYING instead of a DEBT-CREATING system of business, and in
the course of time their debts were all paid, the necessity for legal
money had disappeared, the people were free from its exactions, and all
they had to do was to produce what they consumed and consume what they
produced, exchanging equivalent for equivalent for the equal benefit of
all. And thus the world had been saved from its thralldom to Greed by
the establishment of the 'Kingdom of God and His Righteousness' as had
been enjoined by Krystus at the beginning of the old religious system
two thousand years before. This which was enjoined at the beginning of
the Dispensation was REALIZED at its close and hence the FIRST BECAME
THE LAST, because the LAST was THE FIRST REDUCED TO PRACTICE IN HUMAN
AFFAIRS."
CHAPTER XIII.
BONA DEA--MATRON'S HOME--PRE-NATAL INFLUENCES--IMPROVING THE
AIRSHIPS--BATTELL EXPLAINS--PLANS FOR THE FUTURE--MUSEUM OF UNIVERSAL
HISTORY--RELICS OF THE PAST--BUILDING TOWARD OUR IDEALS--LAW OF HUMAN
PROGRESS--PRESAGING THE FUTURE--PROFIT CAUSES POVERTY--EQUITABLE
EXCHANGE THE REMEDY.
[Illustration]
AS I listened to Norrena's description of the financial and commercial
system which had once existed in Altruria, I could not help but notice
its close similarity to the system which prevailed in the outer world.
As he elucidated the international and seemingly unlimited power that
had been exercised by the owners of gold, and how it would take all the
gold in the world to pay a small fraction of the annual interest on
the obligations held against the people, my heart sank within me at the
utter hopelessness of their condition.
Public-domain text, read in full here on John Shaqi.
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