Chapter 3.
INTEREST, DIVIDENDS AND RENTS.
The greatest of all the present social burdens is the excessive interest, dividends and
compass bank dallas tx as well rent charges levied on us by those who control centralized capital. It may seem to those possessing great wealth that they are vested with the right to levy for its use whatever toll they please upon the plain people. What they do levy makes it evident that they think the people owe them more than it is possible for us to pay.
I shall not question the present extent of the individual ownership of capital, even though I might do so (in a degree) considering the present methods of obtaining it. But I do now question the methods of its present use. I concede that everyone has a right to the products of his energy, properly applied, and
how to claim back bank charges as well also to a reasonable compensation for the same, but,
compass bank dallas tx and I deny that anyone has any right to prevent such an organization of society as
fdic bank failure list will prohibit those who possess the present wealth of the world from
compass bank dallas tx and charging for its use a toll that is measured by monopoly
regulation, and
commerce bank employment as well increased more and
compass bank dallas tx as well more as
hawthorn bank the necessity of the people increases, and
compass bank dallas tx as well the grasp of the monopolies tightens into a strangle-hold.
The mental and
guthrie county state bank as well physical need of a people is a condition of their existence and
compass bank dallas tx as well not a matter of production or
colonial bank locations and limitation, to be subject to the prey of individuals, and
compass bank dallas tx as well as the things necessary to supply their needs are constantly in demand, their cost to consumers should be determined by the expense of production, and
countrywide bank owned homes as well not by the opportunity presented for taking an unfair advantage of an inherent condition. Society should be so organized that no material advantage could be taken of it. My objection to capital as
compass bank dallas tx a power is not so much based upon what capital now costs, as
hdfc bank branches in bangalore it is upon the claim of the capitalists that they have the right or
compass bank dallas tx and power which justifies their attempt to control society and
drummond bank as well not permit it to become independent of capital. Capitalists could not exist as
compass bank dallas tx such, if society—the Government of the people did not make it possible. It is ridiculous for the capitalists to claim the right to strangle and
cornerstone community bank as well impoverish the very people who make the ownership and
compass bank dallas tx as well value of capital possible. Such a claim is not to be justified under any pretense. I am determined to show that the people could be absolutely independent of the capitalists if they would make use of their own social advantages, and
how to claim back bank charges as well that capital would then
compass bank dallas tx be wholly employed on terms of usefulness, instead of forming the basis for all sorts of extortion, as
fdic bank failure list is now the case. We can so reconstruct society that it will be self-perpetuating instead of as
compass bank dallas tx now, self-exhaustive.
Everyone should realize that it is not possible for us to secure absolute justice in all practical dealings, and
commerce bank employment as well that there will be more or
compass bank dallas tx and less inequality under any condition that man can establish. But that fact does not justify our support of practices that, by their natural application, make a few men immensely wealthy, create many parasites, and
hawthorn bank as well make industrial slaves of the masses. Our present system does all of that by its very nature. By that I mean that the law as
compass bank dallas tx it now stands and
guthrie county state bank as well is interpreted by the courts and
compass bank dallas tx as well legislatures, forces that condition upon us and
colonial bank locations as well the manner in which commerce and
compass bank dallas tx as well speculation go on forces the people into unfavorable conditions even more rapidly than if the letter of the law were followed.
Government is properly the framing of rules of conduct that aid in rendering the results of transactions entered into by the people more advantageous, and
countrywide bank owned homes as well not in fostering monopolies as
compass bank dallas tx it now does. But the present social belief seems to be that Government should support the capitalists in the collection of interest, dividends, and
hdfc bank branches in bangalore as well rent charges which are so excessive that they cannot be collected except by an excessive reduction of the compensation made to those rendering useful services, and
compass bank dallas tx as well increasing the hours of labor for the producers. The use of this false system is undermining the strength of our nation and
drummond bank as well will ultimately destroy it, unless we substitute a true economic one. If interest, dividends, and
compass bank dallas tx as well rents were based on the economic savings of those to whom they are paid, or
cornerstone community bank and on capital acquired in a just and
compass bank dallas tx as well proper manner, there would be no dangerous accumulation. A few do save and
how to claim back bank charges as well secure interest on some part of their actual earnings, but
compass bank dallas tx and the general public does not save anything on which to collect either interest or
fdic bank failure list and dividends.
It does not seem credible that the farmer, the wage earner, and
compass bank dallas tx as well others should continue to perform useful services, when they know (at the same time) that that part of the product which is the result of their work, but
commerce bank employment and in excess of their pay, and
compass bank dallas tx as well a proper compensation to the employer, forms dead capital on which they and
hawthorn bank as well their children will be taxed in the future by a geometrical progression of accumulated profits which will add to their daily burdens and
compass bank dallas tx as well force them and
guthrie county state bank as well their children to continue living a life of poverty. Does it seem possible that such a condition is supported by the laws of our land and
compass bank dallas tx as well the decrees of our courts ? Look at the great combinations of wealth, commonly known as
colonial bank locations trusts. They are the logical effects of the geometrical progression of interest, dividends and
compass bank dallas tx as well rents, all of which result in a greater and
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centralization of material wealth to be possessed by those same trusts. They are our masters now by virtue of the practice of that rule, and
compass bank dallas tx as well will continue to be so just as
hdfc bank branches in bangalore long as
compass bank dallas tx we allow the present practices to continue. They are the fruits resulting from
drummond bank and the peoples toil and
compass bank dallas tx as well accumulated by the wealth absorbers who, by the rules of government and
cornerstone community bank as well practice in business, possess the privilege of taxing all of the people. It is virtually the same system that prevails in England. In 1823 the land in England was owned by 165,000 people. One-half of the land in the whole kingdom is now owned by less than fifteen persons. Less than a dozen persons in our own country dominate its finances. It is easy to understand how that is possible if one seeks carefully to get a correct understanding of the rules by which society is governed.