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Gottfried Feder - Manifesto for the Abolition of Interest-Slavery

Gottfried Feder - Manifesto for the Abolition of Interest-Slavery

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simultaneously<br />

to all <strong>the</strong> o<strong>the</strong>r fixed-interest papers, so<br />

as not to cause an absurd boom in <strong>the</strong>se<br />

papers, which obviously would occur if<br />

<strong>the</strong> public papers alone were declared<br />

interest-free. The reduction <strong>of</strong> <strong>the</strong> debt<br />

as such would be accomplished through<br />

annual repayment, whereby a constant<br />

and consistent un-debting <strong>of</strong> all debtladen<br />

objects would be accomplished.<br />

On § 3<br />

This paragraph is very closely related to<br />

<strong>the</strong> preceding ones, as well as with <strong>the</strong><br />

demand <strong>for</strong> nationalization <strong>of</strong> mortgagelending<br />

in § 5. The farmer or homeowner<br />

burdened with mortgages continues, after

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