The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-02-01

ana until borrower gete IT, ~ 70 ~ "
search OF property. III the last huuareu
years, since money lending has again oe-
| como universally sanctioned, 1t mas
gradually accumulated like a rolling sac"
ball in the hands of our modern usurers
till they now practically own tt all IN
stead OF its flowing In healthy circuiation'
| whereby people could get 1t Ia excnanso
for their property. our people have had u
go to usurers TO get it in the way OF loan
to be returned with an increase greater
than they can earn by using the money III
legitimate business. The result is tnat al
our towns and cities and most OF our peo-
pie are mortgaged 10 the money iendslS'
till those who would borrow have not TUG
security wherewith TO get it. Hence WIEN
you compute the money In circulation that
goes TO effect pricos. you must deduct the
money In the hands OF the usurers--i use
tho word In Its ancient sense. lhere are
thousands of persons in this city WHO wan.
to sell real estate; there is an apnorihai
quantity OF real estate in the market III
search of money, but there Is very littio
money In tho market in search OF real es-
tate. Why? because most OF the money 10
money to lend and not money to invest III
anything And under stagnant conoiuohs
usury han produced, there is no encour-
agement for any one to borrow money To
invest In real estate. or scarcely ahythiie
else. The continued practice OF usury viii
cause the SNOWFALL to keep getting pigseF
till more and more money is taken OUT
Of the channels OF trade-and prices VIII
continue to fail"
"Are YOU sure of your position2' ] asked.
at Is an axiom" he said. ut crucifed
the human race four thousand years ago
and the writer's OF the old bible proclaim
against 1t. The money lenders of Eng
land and their agents in this country, and
our own money lenders unconsciously aid
ing them, are thus engaged in enslaving
the people of the United States. Again,
two thousand years ago 1t destoryed civil
ization, leaving such an impression on the
minds OF the people that for seventeen
hundred years aftcrward a money lender
was looked upon as a criminal"
but" I said. has not one as much
right to hire out his money, as his farm or
his horse?"
1T looks so' he said, "but the effect
is different When all the farms are rented
there are no more farms to rent. The prac-
tice stops there. When all the horses are
hired out there are no more horses to hire.
But when all the money Is hired out and
bringing in an income to its owners, the
practice does not stop there There is
about s1,7Oo,o0 900 of money, all told, in
the United States. But there is s3o,000.-
100000 to $4,000, 100000 drawing interest,
ill the annual income from it is more
than the s1,7oo,Ooo, 900 of money in exist
cnoe. There is no such thing as farms or
horses being loaned out till the annual
income Is as great as the value of all
farms and horses in existence
is it possible" remarked, "that the
people have walked into such death trap
for the third time in the history of the
world"
They have" he replied.
"And will it end In such devastation and
misery as it did each time before?"
mo. Net IL they are charitable and abb
stain from abusing each other. 1t will be
cradicated from civilization before the
people are again driven into hopeless
poverty. ignorance and another dark age"
Gretts.