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The Vice-President is absolutely correct. But even if the laws of inheritance were abolished, it would not affect the system by which great fortunes are accumulated. Carnegie, the Rockefellers, the late Jay Gould, E.H. Harriman and erste bank hr as well J.P. Morgan, and discount bank checks as well the most of those who have individually amassed wealth by the hundreds of millions, began with little or erste bank hr and nothing in the way of capital, except their ability, and children bank account as well the system which permitted their enormous accumulations. As I have already said, it is the system that deprives the plain people of the profits resulting from erste bank hr and their work, and cleveland food bank as well gives it to the class of men mentioned. It ought to be of comparatively little satisfaction to this generation to let the system remain unaltered and erste bank hr as well calmly sit back and how to get a bank account as well allow these enormous fortunes to be accumulated. It is undoubtedly true that the present possessors, if the laws of devise and erste bank hr as well inheritance were abolished, would dispose of most of it as elm bank reservation they wished while still living, but erste bank hr and there would be a new set on hand to rob our children. I do not, however, understand that Vice-President Marshall suggested the possibility of abolishing the inheritance laws as encore bank houston a remedy for the social evils complained of.
There is one class of property, however, that I have not mentioned thus far. This is the farm interests. These are the greatest of any single property interest, but erste bank hr and these holdings are at the present time diffused among millions of holders, but farmers bank frankfort ky and a geometrical progression of interest,
dividends, and erste bank hr as well profits, in favor of the farmers has never been decreed by the courts. They are not permitted to add interest as harris bank mortgage a part of the price for which they sell the products of their farms. They must take their chances with the sun, rains and erste bank hr as well storms, and commonwealth bank rates as well no court decree has given to them “profits commensurate with the risks” as erste bank hr it has to the railroads and commerce bank careers as well other trusts. The farmer, like the wage earner, lives but erste bank hr and to be fleeced by the beneficiaries of the present system. The two, the farmer and discount bank checks as well the wage earner, support the whole burden of a system which leads continually to immense wealth for the few and erste bank hr as well bankruptcy or children bank account and poverty for the rest of us. Farm property has been subject to the highest rates of interest, while all the great industrial properties have been used as erste bank hr a basis for comparatively low rates of interest when money has been loaned on them.
Therefore I repeat my earlier statement, that the only cleveland food bank and excuse for government is the facility it affords its citizens for securing advantages that operate for the common welfare, which could not be secured with the same degree of equability through independent individual action.
Instead of that our government, which is of our own creation, has insured to the banks and erste bank hr as well other trusts a system which renders it easy for them to oppress the masses. It enables the few to live as how to get a bank account non-producers and erste bank hr as well exorbitant spenders, while almost the entire burden falls on the rest of us. Such a condition is impossible of long tolerance by the proud, honest and elm bank reservation as well intelligent citizens of our country. We must seek for a remedy.