Rothschild Money Trust

173
Great Britain has, in flagrant violation of international law,
declared a blockade of the entire world, from the Arctic Circle
to Africa, to prevent the possibility of suppiles reaching Germany.
She has announced that she would not even allow the
shipment of food to the famine-stricken people of Europe.
This is all manufactured war hysteria for the purposes
of getting more money to be squandered, and of bankrupting
our country and of creating a dictatorship of the proletariat
and of continuing Franklin D. Roosevelt in office as our dictator.
It is either for these purposes or for intervention in the present
war. IT IS NOT FOR DEFENSE.
Our national government and many of our city governments
are now bankrupt. They have reached their limit of taxation.
Real estate has become more of a liability than an asset
and much of it has been sold for taxes. The national government
has levied a heavy income tax on undistributed profits
which is stifling small industries, retarding the expansion of the
large ones, and discouraging the creation of new ones. And
now they have made a flat increase of the rate that will crush
many of the small industries. But few people care to invest in
a new industry, assuming all the risk of loss if it is a failure,
when the government will get most of the profits if it is a
success.
President Roosevelt stated the situation that prevailed at
the time of his election, on page 62 of his book "On Our Way,"
as follows:
"In talking with people about our basic economic troubles
I have often drawn for them a picture showing two columns,
one representing what the United States was worth in terms
of dollars and the other representing what the United States
owed in terms of dollars. The figure covered all property and all
debts, public, corporate and individual. In 1929, the total of
the assets in terms of dollars was much larger than the total
of the debts. But, by the spring of 1933 while the total of the
debts was still just as great, the total of the assets had shrunk
to below that of the debts.
"Two courses were open: to cut down the debts through
bankruptcies and foreclosures to such a point that they would
be below property values; or else to increase property values
until they were greater than the debts. Obviously, the latter
course was the only legitimate method of putting the country
back on its feet without destroying human values."
That condition is infinitely worse today. There has been
no increase of our property values, but there has been a very