The midland journal. (Rising Sun, Md.) 1885-1947, 1892-12-30
The Robber of Industry.

MdluS Win d sndllSF populatiou tHdu
Minnesota, has about six times as much
money in its saving banks. and although
Illinois has four times the population of
Maine and many large cities, the latter
State has twice as much money in lis saving
banks. New Hampshire has twice as large
an amount of deposits as Ohio, although
Ohio has nine times as large population
as New Hampshire. Massachusetts with
little over one-haf as great population as
Ohio, has eleven times as great an amount
of deposits. The little manufacturing State
Of Rhode Island has larger sum ofdeposits
than Indiana, Illinois, Iowa, Minnesota,
Wisconsin and Nebraska put together and
Connecticut has as large sum as all the
Western States named in the Iist.-The
Vanguard.
There is food for reflection in this state
ment. These New England States are the
Oldest and had got well ''fxed" before their
western sisters set up housekeeping. They
had entered largely into manufacturing and
were fostered in their early efforts at man
ufacturing by the government, largely by a
protective Tariff AS the new States deyel-
OF ed their eastern sisters found large and
steadily increasing market for their manu-
featured goods. They sold to the people of
the western States who were making homes,
at good stiff prices, being enabled to get bet
Ter prices and have market for more of
their goods on account of foreign goods being
partially shut out and raised in price by a
or New England members OF tho family a
good start. They laid by money. The
western members were in need of everything
when setting up business for themselves,
and the New England folks loaned them
money to get start. They took mortgages
drawing large interest on the improved
starting in life wanted means of :ransporta-
ton, and their eastern, older relatives loaned
them more money, some Of it the interest
derived from their mortgages. The rail-
roads were built and mortgaged to the
eastern members who controlled them,
watered the stock and gathered the freight
and fares. These combined debts were
made TO draw the largest rates of interest
and the highest rates of freight. and fares
the business would bear, which were increas
ed with the ever increasing necessities of the
western people. These conditions of trade
and business filled up the savings banks of
the eastern cities with the interest and usury
drawn rom the wealth created by the west
ern people. There was no other source from
which it could come. When heavy debts
| had been fastened on all the property of the
western people the New England members
of the family, by the advice of rich Jew
| family in England named Rothschild,
said: off we can make money scarcer, the
prices of all this property which we hold
mortgages on will fall, and then our interest
will purchase all the surplus wealth and
property they can create and we will keep
them forever working to pay interest to us
on the mortgages and debts We hold over
| them.'
"Demonelize silver" said the Jew across
the water, sand that will reduce the guam
tity of money fifty per cent and prices will
decline still further while the debts and
mortgages you hold will remain nominally
the same but will in reality be doubled in
| value.' They took the ew's advice, dia-
boical as it was; hence the deposits in the
old New England savings and other banks
are swelled to the enormous dimensions
| they boast. The power of usury did it all.
| Every dollar represented by these deposits
is the fruits of usury. Let those people
who toll late aad early creating wealth to
swell the immense and increasing depo sis
50 boosted of in their saving and oihes
banks, compel by their votes, the govern
ment to establish banks and loan the people
the money they earn and deposit for safe
keeping TO them again, at nominal rate OF
interest to cover cost and those deposits, the
standing boast of the mouth pieces of the
nsury ring, which fill the saving banks oil
New England, will vanish and the wealth
makers of the west will see the deposits rise
to millions by saving the usarious interest
which now goes to enrich the stranger.
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