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
fullerton bank as well J.P. Morgan, and
chasewood bank as well the most of those who have individually amassed wealth by the hundreds of millions, began with little or
fullerton bank and nothing in the way of capital, except their ability, and
kalupur bank 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
fullerton bank and their work, and
eskan 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
fullerton bank as well calmly sit back and
how to start a bank as well allow these enormous fortunes to be accumulated. It is undoubtedly true that the present possessors, if the laws of devise and
fullerton bank as well inheritance were abolished, would dispose of most of it as
citizens bank park they wished while still living, but
fullerton bank 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
chickasha bank and trust 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
fullerton bank and these holdings are at the present time diffused among millions of holders, but
federal land bank and a geometrical progression of interest,
dividends, and
fullerton bank as well profits, in favor of the farmers has never been decreed by the courts. They are not permitted to add interest as
frost bank online a part of the price for which they sell the products of their farms. They must take their chances with the sun, rains and
fullerton bank as well storms, and
co op bank branches as well no court decree has given to them “profits commensurate with the risks” as
fullerton bank it has to the railroads and
global trust bank as well other trusts. The farmer, like the wage earner, lives but
fullerton bank and to be fleeced by the beneficiaries of the present system. The two, the farmer and
chasewood bank as well the wage earner, support the whole burden of a system which leads continually to immense wealth for the few and
fullerton bank as well bankruptcy or
kalupur bank 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
fullerton bank a basis for comparatively low rates of interest when money has been loaned on them.
Therefore I repeat my earlier statement, that the only
eskan 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
fullerton bank 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 start a bank non-producers and
fullerton bank 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
citizens bank park as well intelligent citizens of our country. We must seek for a remedy.