The midland journal. (Rising Sun, Md.) 1885-1947, 1894-01-05

Let us take 2IdDGG at ILLS DCooN WhOSN
HEADQUARTERS are in London and lair in The
Bank of England, and the old Jew Roths-
child the head of this feline family whose
reflection our friends see in the poverty and
homelessness of the people, Seventy fam
lilies in this country own and control $751;
500, 900 600 of the property, the population
own the balance, which all told is estimated
TO be about as much more. Mr.. Gladstone
in a speech in Parliament said this family
of sbylock cats owned debts laid on the
shoulders of the laboring people of the
world amounting to ten billions of dollars,
and he didn't know but it might be double
that amount-and we think it is--all OF
which is drawing blood from the heart and
sweat from the brow OF labor, in the form OF
interest, and these shylocks don't own foot
of land, comparatively speaking, in the
world. They have loaned credit or phan-
tom money to governments, national, state
and municipal, and the governments act as
their tax gatherers. From this country,
these money lords over the sea draw interest,
profits and dividends, yearly, estimated
from TWO hundred 10 Eve hundred millions.
Our own national banks draw $500 900, 900
in the matter of interest from the wealth
producers, aud private banks draw as much
more, while mortgage Indebtedness of four
thousand millions is settled DYE: the farms
of the United States, and these paper leeches
are sucking the life out of the farmers like
school of star fish over oyster bed.
In place of the single tax heading off this
monster it has driven the taxing value out
the entire farm lands Of this country,
which do not average when put 10 sale
the cost of buildings and improvements.
The fact is this money moster has fastened
| his sucking tubes so firmly in the products
of the land outside Of the towns and cities
that he has driven the single tax value
clear ont Of the farm lands.
While the single tax brethren have been
admiring the shadow of that feline did any
of you ever examine the teeth and claws Of
that vampire bat called a bank Of every
dollar that is deposited by the sweaty
hand of industry the bank drops Is
cents in the till for the depositor's
use and loans his telling neighbor
rs cents of it, The bank pocketng the
interest, and the bank will repeat this trick
half dozen times. Take up any bank
statement made to the Comptroller and look
at the sum liable 10 checks of depositors and
thee look at loans and discounts. You will
find them three to four times as much az the
deposits, all drawing interest as the vampire
bat draws bio I'd. Next divide the deposits
liable 10 cheek by four and you have the
amount of money in the bank, about the one
eighth or ten h the amount of the loans and
that moiety even is the money ofdepositors,
but the bank is getting interest and com
pound interest from those loans. Talk
about the 'unearned increment" on land in
competition as pauper maker with this
"critter" is sheer foolishness.
When the government debt was created
in 1861 one billion, FIVE hundred mil
lion bushels of wheat would have paid the
entire debt After the toll of the people
has paid on that debt in principal, interest
and bonuses five thousand millions of dol
lars, it would require now nearly as many
bushels of wheat to pay the balance
between five and six hundred millons-as
it would in the beginning to have wiped out
the entire debt, This monster moneylord
has not only decreased land values and rents
bnt has in the mean time doubled his
capacity 10 absorb property. One dollar
will now tuy as much property and labor
as two would ten or fifteen Yeas ago, and
the debts then created are worth donble as
much now.
Brothers, your rent, single tax landlord
cat is a mere houseGat mpared TO this
tiger of the jungle, the money lord. He
OWES neither houses or land and is exempt
from the single and every other tax. He
has hundred other claws we haven't shown
you. Study the financial question and stop
admlring aud devotina all your time to this
sentimental fad you have fashioned out Of
the single tax.
The system would be an equitable mode
oftaxation but could not Danish poverty or
| produce these many other miracles claimed
for it. which are iigments of the brain, the
unsubstantial fabric of dream.