"You who are called the general public; farmer, professional man, small businessman, white collar worker, laborer, widow, orphan, old person; those who pinched penny by penny to accumulate a little nest egg, those who mortgaged your homes, those who saved it at extreme sacrifices, denying yourselves certain luxuries or necessities, to the point of avarice--you have listened to the evil persuasion of high pressure. You have read the enticing overstatements in your newspapers, financial papers, and company reports, you have listened to professional tipsters, financial wizards, or your bank's financial expert and adviser offering you a lifetime opportunity to purchase investments supposed to pay good interest and dividends. Or you have diligently read your stockbrokers' pamphlets and daily sheets. You have watched stock and bond fluctuations on ticker or boards in their sumptuous board rooms. You have been enticed into high finance, stock exchanges, boards of trade, and commodities--all of them types of gambling producing revenue. It is a wonderful system to fleece you of your savings. Your big financiers with their executives, whom you helped to elect with your proxies, have a permanent stranglehold on all your basic industries. They always aim to have you 'the public,' invest your money into their companies and corporations, in fact, become majority holders of their securities. It's with your money that they finance them. They are satisfied to be the insiders with control and management holding a minority of stock. Presumptuously, these executives not only pay themselves from $50,000 to $600,000 and over, yearly salaries, but some of them also have the impudence to get themselves voted large yearly lifetime retirement pensions. They are past masters in creating and influencing a demand for their stock among you, declaring and increasing interests and dividends, manipulating the stock markets to create an artificial boom, and spreading news of a bull market. They load you with the supposed gilt-edged investments at high prices from their portfolios, that they are gradually emptying. After they have sold their securities to you and have entirely emptied their strongboxes of them, these philanthropists sell you more on 'short' sales of shares they don't possess. Thus they make you the 'holder of the bag.' "Then they start their bearish news and decrease and even pass interest and dividends, bringing on a depression, forcing you to sell at a sacrifice. They wipe out your margin and your collateral bank loans; then they gradually purchase the shares back again at bargain prices.