You would expect to find--from the facts set forth in the first part of this chapter--that the most conscienceless of these gentry, the Atlanta super-Shylockery, would show the hugest pile of pillage, and it does! On a paid in capital of $4,189,500, it vampired and blood-sucked out a net profit of $5,496,000, or 131.18 per cent. What the other vampires blood-sucked out you can read from the above table. You know the net earnings made by banks where you live. You know that a net earning of 12 per cent is a large one, but here--in a year of general disaster and of huge losses--you have an average net earning for these twelve vampires of production of 79.56 per cent or over six times the average net earnings of National Banks for a long term of years! Ask yourself if this enormous net earning percentage, made out of commandeered capital and out of conscripted deposits, isn't outside the realm of banking and in the realm of unconscionable vampire pawnbrokery? Ask yourself--in a land where pawnbrokers are licensed and restricted to two to three per cent a month or 24 to 36 per cent per year--if 79.56 per cent per year doesn't brand such a system as outrageous Shylockery? But that isn't the worst of it. Before making these net earnings this Federal Reserve System sandbagged out an "expense account" of $36,066,065, or an average of $3,005,083 for each regional pawnbrokery. The most reckless expense squandermaniac was the New York sandbaggery with an expense account of $8,167,780, and the most economical was the Minneapolis satrapy with an expense account of $1,325,867. In a succeeding chapter reference will be made to these expense orgies. But ask yourself if, in a year of commercial disasters and of enforced economies, such leviathan expenses aren't an outrage? Ask yourself if such squandermania--imposed upon the producers of real wealth--by bureaucratic pillagement isn't alone and in itself an alarm clock? Here is a table showing the location, the capital and the piled up pillagements of these twelve regional pawnbrokeries: Surplus Location Paid in Capital Percentage New York $27,114,000 222 Atlanta 4,189,500 217.6 Kansas City 4,570,500 211 Minneapolis 3,569,000 209.2 Boston 7,935,500 207.8 San Francisco 7,374,500 206.2 Philadelphia 8,736,500 205.4 St. Louis 4,603,000 204 Cleveland 11,134,000 203.2 Richmond 5,428,500 203.2 Chicago 14,307,000 202.8 Dallas 4,203,000 176 ------------- ------- Total $103,165,000 Average 209