Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1894-01-13

iaiion has been In the interest OF those
that accumulate, rather than in tlH u-
icrcst OF those who produce Che wealth
OF the world. At the close OF Che war
we owed nearly four millions of dollars.
hrineiuf ten per ceut per annum WHAT
did Do mean to pay interest on % auuu.
ally3 At the price o. wheat thi year 10
would require eight hundred millions OF
bushels OF wheat annually 10 meet iIc
interest alone. You atmcB lu, JHh
who have borrowed money on your real
estate. have you ever thou int that Your
farm. being valued at twenty Thousand
dollars when interest Is Sis per cent
shrnks to the value OF ten Thousand
dollars the very moment iuiCfestfclCle.
twelve per ceuia Did you ever tlIu.
OF Il In that light} Take the intcfcs. TO.
DAY on the debt ol Great Britain arI
destroy that amount in property and
then compel her 90 pay one hundred
aud twenty millions per nuuum and it
would paralyzo the whole nation. Takc
orr condition In Utah. All the products
of Cache county pat together ION of
tic iaircsi counties TOO the Icff.tUry-lrc
not sufficient % pay i,s interest ON the
annual Indebtedness of this Territory
alone Now, II the fittings OF The PEG.
nlc there have represented one tenth ui
40 the iitiings OF the people, d their
contributions have rcprCs .ni . once.
tenth Of the contributions OF che whole
Church, then we have reached point
IN Gnancceriug where our.tcutn of the
labor OF the people Is being expended
on interest account alone. r. DO wise OF
prudent No. it Is not. 10 Is not bon the
line marked ont by prcsidcn, Brigham
Young 10 is not in the liuc taught bv
President John Taylor It's not iu the
line Of the wisdom OF President MILFORD
Woodruff. Bondage Is debt, ami who.
ever heard OF the rich Of amy nation
meeting together to plan for the good
OF the whole pcoplc' The poor inycigh
against the oxiravagaucc OF the rich and
/ the luxury Ia which they live; and yet,
/ my brethren aud sisters. the very thing
against which they iuvcIgh Is their only
| valve OF safety. ID is boon to the poor
| that some Of the rich cxpcnd their
I money like water thrown ON the ground.
! Ii b. boon also that the rich must die
as well rs the poor; for children rocked
| Ia the cradle oil luxury ] may say.
too. in the cradle Of immuraliy-will
J throw to the winds the wealth accumu.
.
In any community. outside OF the In.
nugnccs Of the Gospel, by combining
under special laws. living the habits OF
industry and practising usury, can Boon
reap the wealth accumulated by the
labortoiling masses That Is the history
OF the world. In Belgium they have
saiutary laws, however, that we may
copy after later on IN our nation. II a
man dies possessed Of fifty thousand
dollars OF properly five per cent, think,
Of that properly must 30 to state institu.
tons OF learning. lfhc dies possessed
Of hundred thousand dollars worth OF
| property nc Is taxed ten per cent, and
so on up until reaching a certain point,
which, as remember, Is half a million
dollars; and anything above that goes to
the state for the education OF the people
Of the state and for charitable instilu-
tons Whatever we may say In praise
! Of civilization. a nation cannot be Chris.