Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1883-04-19
Hunrarinn financial Methods.

huuSs1EIlu EIlduClaA
The business of the country is entirely
in the hands of Jews, as everywhere in
this part of Europe, and they are more
cordially hated than even in Germany or
Austria proper. The sight of Jew has
the same effect upon a Hungarian that
red flag has upon Spanish bull They
hold no intercourse with them, except in
the way of business and admit them to
no social life.
"Why do you hate the Jews sop we
asked Of Hungarian gentleman.
"Hate them! Why they are the curse
of the country. They have all the bust
ness"
"Why don't you do business?''
eve don't know how-they do"
"Well, what do they do that is 30 OBJ
jectionable?'
edo? They lend us money"
4fWell?
"Well! may heaven curse them, they
1Cn7at 1t back again, and they make us pay.
There ought to be law against it-they
ought to all be killed"
(This in all seriOusness.)
''Here's the way they do. A Jew has
a hundred florins. A man or woman wants
to sell stuff upon the three market days
He has no money, Jew lends ten of
them, ten Aorins each with which they
buy of the farmer and sell upon the mar
ket. That ten forms the Jew compels
him to pay back at night with two forins
for the use of it. Think of it! The poor
fellow only makes four forms, half of
which the Jew gets"
"Why don't the Hungarian save his
two forms, or one at least, and borrow
less the next time, and keep on till he has
capital?
''We can't do that. We are not that
kind of men. He spends his two forms
that night, like gentleman, and has to
borrow again the next day. And so the
cursed Jews keep him in their power.
He dare not refuse to pay the scoundrels,
for if he did he would getnO more money
and then what would he dO%
''Why don't you Hungarian gentle
men lend them the money at a lower
rate and emancipate them from this
bondageT
ave! wei we haven't got it. We,
too, owe them. We live like gentlemen
We are not Jews. And then they hold
together If one gets into trouble all the
rest help him out. If one commits a
crime, the Jews buy us up, courts and
all, and they get out without punish
ment. They buy the Judges and the
officers. They"
''The Judges and officers are all Hun
garians?
Certainly"
"And the Jews buy themT'
@"TO be sure they do"
"H-mW
Politeness forbade any other excIa-
nation at this extraordinary statement.
"And then our small farmers. They
always get into debt, they can't pay
their taxes, and the Jews lend them
money, always insisting upon security,
mortgaging their crops for instance, and
then interest comes in, and it always
ends in the Jew getting possession of the
land. 1t is horrible"
'But why don't the farmer save his
money when he has good year and pay
off and be independently
at isn't his way. When he has money
he lives like a man. He takes pleasure,
he loves his wine, his dancing, and his
amusements, and must have them. And
then the Jews lend him and he is ruined"
What the Hungarians want is a race
of men to come in who will lend them
money without demanding repayment.
They are perfectly willing to make OBJ
legations and they care nothing for the
rate of interest, but they want the notes
to run on perpetually, or at best be re-
newed. A very systematic one would be
willing to renew at stated intervals, but
final payment never.
L found the Jews very intelligent
capable men, doing business as business
men do it everywhere. They buy goods
to sell and want their pay for it, and
they lend money at interest, and insist
finally, upon interest and principal. But
the mercurial Hungarian cannot exist il
comfort unless the pay part of the trans
action is eliminated.-D. r. Locke, d
Toledo Blade.