Gottfried Feder - Manifesto for the Abolition of Interest-Slavery

hydroelectric construction, more costly
for itself with an eternal promise of
interest that is completely unnecessary.
If it cannot pay the costs of construction
from the revenues of its current stateowned
businesses, then there is no
reason to see why the state should not
create the money; the sovereign people
must indeed pay for it, while it
recognizes precisely this money as a
means of payment. Why however should
the folk, with its entire work- and taxpotential,
stand behind another slip of
paper (the interest-bearing loan), which
imposes on the folk in its totality only an
eternal interest-obligation for the benefit
of the capitalist!? Therefore away with
this obsession of the Mammonistic state!