B_345_The-Rulers-of-Russia
B_345_The-Rulers-of-Russia
B_345_The-Rulers-of-Russia
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It makes no reference to the collusion between Rothschild and<br />
Mendizabal.<br />
Stabilization <strong>of</strong> the internal price level <strong>of</strong> countries is one <strong>of</strong><br />
the most needed social reforms in the natural order. Without<br />
it the demand for social justice becomes a mockery. "Stabilizing<br />
money takes the money factor out <strong>of</strong> price fluctuation and leaves<br />
just the non-monetary factors <strong>of</strong> demand and supply <strong>of</strong> commodities.<br />
As one well-known writer on these subjects has pointed out,<br />
the money factor is like the tides <strong>of</strong> the ocean, and the commodity<br />
demand-and-supply factor is like the waves <strong>of</strong> the sea. . . . <strong>The</strong><br />
tides are the big factor determining the level <strong>of</strong> the water, and<br />
the waves a comparatively small factor even in the greatest storm.<br />
<strong>The</strong> money factor is like the tides, and is the principal thing in<br />
determining the price-level." 1<br />
HIGH TAXATION AND THE PREPARATION OF THE<br />
SERVILE STATE OR COMMUNIST STATE<br />
<strong>The</strong>re is, moreover, another aspect <strong>of</strong> the question. <strong>The</strong> crushing<br />
burden <strong>of</strong> taxation due to the payment <strong>of</strong> interest on debt is<br />
utilised as means for the preparation <strong>of</strong> Communism or <strong>of</strong> the<br />
Semi-Communist State advocated by P.E.P. Let us first hear<br />
Arthur Kitson on the burden <strong>of</strong> debt and then, some Socialist<br />
authorities on the end to which taxation is being directed.<br />
<strong>The</strong> Builders' Journal (April, 1939) quotes the following passage<br />
from Arthur Kitson's writings: "Our National Debt on<br />
March 31st, 1919, was £7,434,949,429. From 1920 to 1933 inclusive<br />
there has been paid towards the redemption <strong>of</strong> the National<br />
Debt £4,104,843,063. During the same period there has been paid<br />
in interest charges on the debt £4,288,925,186. ... In spite <strong>of</strong><br />
this, our National Debt on December 31st, 1933 (including our<br />
debt to the U.S.A.), was £7,947,000,000, being £512,000,000 more<br />
than the original debt <strong>of</strong> March 31st, 1919! In other words, the<br />
X<br />
A. N. Field in Examiner, May, 1939. He says elsewhere in the same<br />
issue: "Money must be made a just measure <strong>of</strong> value. If it is not, every<br />
money transaction perpetrates injustice, with debts on one level and prices<br />
<strong>of</strong> commodities on another level. And injustice sooner or later means the<br />
disintegration <strong>of</strong> the existing social order."<br />
90