The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1899-02-02

oiDiC lol Nuht lilcy arc NoiiS -
has only been short time since,
when infants, they opened their eyes
in this world, and as they grew up to
manhood they found certain things
were fixed customs, respectable and
legal; and one of these things they
found existing was money lending.
They naturally drlfted into it and are
in no wise to blame. If they are
treated with charity, are handled
right, are not abused, or held respon-
sible, prejudice can be held in check
while unselfsh wisdom eradlcates
this error from civilization.
"Tel me-, | said, 'swhat the phi
losophy of it is. Why is money
lending danger to civilzation?"
"There are two things to under
stand, he said, "and when you un-
derstand those you comprehend the
whole question A money lender re-
duces his risk to a minimum 1t is
the borrower who takes chances
against fire, storms, floods, drouths,
failure Of crops and other misfortunes; !;
and in The pnd the results are that tie
average profits from money lending
are in excess Of all other business.
In time the money lending class be
come the wealthy and dominent class
without having produced anything
to eat, drink or wear The second
proposition to understand is that
when money accumulates in'the hands
of the usurers, as it inevitably will
when the people are debt-ridden, it
remains there boarded, as they are
not investors The effect is to paral-
ize civilization-for money is tue
blood of civilizauon Prices of all
useful things fall-lhose things on
the sale of which the people depend
to pay their debts"
"And why" | asked, "does the
money boarded in the hands of the
money lenders make prices fall?"
''price," he replied, 'fs made by
the relative quantity of property in
the market in search of money. and
the quantity of money in the market
in search of property. The money
in the hands OF the money lenders is
not money in The market in search OF
property, it. is in search Of borrowers
and until borrower gets it it is moi
in search Of properly. In the last
hundred years, since money lending
has alain hecome universally sane
toned, it has gradually accumulated
like rolling snow ball in The hand:
OF our modern usurers until they nov
practically own it all Instead of i
flowing in healthy circulation wherein,
people could get it in exchange fo
their. property, our people have ha'
to 90 to usurers To get it in the wa.
of loan, to he returned with an in
crease greater than they can earn b,
using the money. in legitimate busi
! ness. The result of il is that all ou
+ towns and cities and most of our peo
/ pie are mortgaged TO the none,
lenders, till those who would bor
row have not the security wherewit
/ to get-it Hence, when YOU comput
: the money in circulation that goes t
5 effect prices, YOU must deduct Tn
t. money in the hands Of The usurers-
} | use the wo1i in its ancient sense
= There are thousands of people in thi
l. city who want to sell real estate
there is an abnormal quantity Of re;
Y estate in the market in search G
e money, but there is very little none
Z in the market in search of real estate
u Why? Because most of the none
Y is money to lend and not money
invest in anything. And under stas
/. nant conditions usury has. produced
: there is no encouragement for auyoI
+ TO borrow money to invest in real e.
d tate, or scarcely anything else III
e continued practice OF usury wi
cause the snow ball TO keep geitin
t bigger till more and more money
d taken out of the channels OF trade
b and prices will continue to fall
n care you sure of your position
1t | asked.
k cit is an axiom" he said Z"
J. crucfied the human race four thou
If and years ago, and the writer's of IL
,e writer's of the old bible proclai
1t against it. The bible says: If yC
[ want to enslave the people, 10;
r them money The money lenders
England and their agents in th
# country, Il our own money lende
l. unconsciously aiding them, are thu
)f engaged in enslaving the people
1t the United States. Again, tv
IS thousand years ago it destroyed ci
" ilization, leaving such an impressi'
Is on the minds of the people that f
ot seventeen hundred years afterwards
v money lender was looked upon as
E. criminal T"
,r "But," SAID, ''has not one
v much right to hire out his money
his farm or his horses?"
til cit looks so" he said, "but (
in effect is different When all t
of farms are rented there are no mo
farm to rent. The practice sto