"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. "Bonus and other charges and loans to you are as high as the companies can get. Some of them ask the highest usurious rates allowed by your different legal state rates, and other charges are added--as much as they can milk out of you. Note that: "The civic agencies conducting the Dallas, Texas loan shark fight found that interest as high as 1,131.4%, over 3% per day, was charged gullible victims. The lowest interest rate was 120% per annum, and the average 271.68%."[25] "Money circulation and interest are the most expensive operations in your moneyism. Mr. Norman Angell in his book _Story of Money_ calls it 'Velocity Circulation.'[26] Money travels rapidly from hand to hand, from one pocketbook to another, from bank to bank, to borrower or drawer, in constant circulation.