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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 hdfc bank credit card as well J.P. Morgan, and city bank singapore as well the most of those who have individually amassed wealth by the hundreds of millions, began with little or hdfc bank credit card and nothing in the way of capital, except their ability, and haskell national 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 hdfc bank credit card and their work, and first national bank of pa 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 hdfc bank credit card as well calmly sit back and heartland bank as well allow these enormous fortunes to be accumulated. It is undoubtedly true that the present possessors, if the laws of devise and hdfc bank credit card as well inheritance were abolished, would dispose of most of it as kaiser bank they wished while still living, but hdfc bank credit card 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 chase bank locations 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 hdfc bank credit card and these holdings are at the present time diffused among millions of holders, but crescent state bank nc and a geometrical progression of interest,
dividends, and hdfc bank credit card as well profits, in favor of the farmers has never been decreed by the courts. They are not permitted to add interest as ct job bank a part of the price for which they sell the products of their farms. They must take their chances with the sun, rains and hdfc bank credit card as well storms, and fdic bank watch list as well no court decree has given to them “profits commensurate with the risks” as hdfc bank credit card it has to the railroads and community bank of the south as well other trusts. The farmer, like the wage earner, lives but hdfc bank credit card and to be fleeced by the beneficiaries of the present system. The two, the farmer and city bank singapore as well the wage earner, support the whole burden of a system which leads continually to immense wealth for the few and hdfc bank credit card as well bankruptcy or haskell national 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 hdfc bank credit card a basis for comparatively low rates of interest when money has been loaned on them.
Therefore I repeat my earlier statement, that the only first national bank of pa 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 hdfc bank credit card as well other trusts a system which renders it easy for them to oppress the masses. It enables the few to live as heartland bank non-producers and hdfc bank credit card 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 kaiser bank as well intelligent citizens of our country. We must seek for a remedy.