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Show THE INTEREST DRAIN. - We copied the other day a paragraph from the speech of Herr Arthur Gwinner ofthe Prussian house of peers, who ia the most prominent of the stx' rrrreftrrs- nr -trre-iwtyfH-Wwkr-whtm. hn mi speaking of i.he wars and the" people. He is very : shrewd man, evidently. In the aame speech vhe spoke of what would come with war. In that event, in ? estimation, no foreigner will lend money to " a belligerent. "The moment a nation c0" t0 w,p it will find Its credit cut fitt ; nobody will lend to it end nobody will sell to it exrept for spot cash. Therefore, whatever money ia needed, for carrying on its buaiueaj and for pursuing the war itself , must be found within ita own borders. First of all. the government will go upon a paper baais. The war will be carried on with paper money, no - far as tha country itself ia concerned. In the sec-ond sec-ond place, recourse will he had to aurtazes and ft reed loana from the wealthy. AH the reserve resources re-sources of the nation will be drained to meet the , nacessitiee -f tha government. It U a question It . even then enough money can be raised., In the last resort. money may have to be Stained at ruinous ruin-ous rates from the neutrals, and then the resources of the country are mortgaged indefinitely to wipe out the obligations." ' .. Our countr." has beeb through all that, lirat, j there was the- issue of the greenback. No forced loana were ever tried, but, what amounted to the same thing, bonds were sold, terest bearing bonds; and they were sold under a system which still mortgages the country, which atill calls for such a sum of money in interest every year that the prospect of 'ever getting out of debt " grows more and more remote. In fact, it ia th8 intea-t intea-t lion of those who have charge of iur financial )-Km )-Km we do not mean government officials, but bu.ks that we never shall be out of debt; that there never shall t ' time when the people will . not be railed upon annually to pay burden of iiitcrcst which in itself would found an empire iu ten years. But that war has been passed now forty-six year, and in those forty-six yeara our country has earned about aa much aa all the rent of the world, and that interest should stop. Next year will be a prenidential year. We hope that come man will rise up and outline 9 financial aya tern that great party can adhere to, and if it i founded aright that party win win, uo matter under vhat name it may be called, becauao the people have paid enough to the few men who collect in-ttrfbt in-ttrfbt and the everlasting drain ought to be stepped. - . ' 1 !....... . . 1 .. I J.J.J |