The payment of interest by the government is an absurdity. We the people are the government. Now, will someone in all of these United States tell the people why the government-the people-pay interest on such a simple proposition, they get the service(of using the fed's currency), or whatever it may be that is to be paid for, and tax themselves to pay for it, but they add to the tax a sum of interest, and for that they get no consideration.
To be a true Progressive it is not sufficient to stand up and say that one belives in what has been promulgated as progressive principles. One must be progressive in heart and active in promoting the progressive principles of today, tomorrow and always. There is no resting point, for humanity is ever ascending to a higher and better goal.
We are compelled to work more hours per day, receive less pay per hour, pay more for what we buy, and recieve less for what we sell. The consequence is that we must work harder and more hours per day than we should, and in the end have less than what is due to us as our part of the advantages, conveniences and opportunities resulting from advancing civilization.
The manipulation of credit has been the most potent of all methods employed by financiers as a means of controlling commerce and fixing prices. We are all consumers and should all be producers. This credit is a tax upon humanity as if government bonds were issued and people were obliged to pay it.