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"That's a tacit protest against the whole society as an organization of 'slaves. It means that the society makes meek, obedient servants of my employees and helps me fleece them. As if they did not earn in my shop more than they would anywhere else! As if they could all get steady work outside my place! And what about the loans and all sorts of other favors they get from me?

The scheme was perfected during the summer, and, after changing his Secretary of the Treasury until he got one who would obey, President Jackson dealt his great blow. On September 26 Mr. Taney signed the order removing the deposits of the government from the Bank of the United States. The result was an immediate contraction of loans, commercial distress, and great confusion.

Obviously the State as an agency to bring about civilization cannot perform both services pay interest on huge public loans, and continue an expensive service.

The United States promoted the peaceful liberalizing of oppressive rule over all subject peoples by making it more difficult to negotiate loans in the markets of the world to subdue their outbreaks.

I can begin to take up my mortgages and loans, and once that is begun we are on the road to Millionaireville."

"I think I could, and I won't charge any interest for it, so you need not be in any hurry to repay me. Come back here and help me settle these books if you have nothing pleasanter to do," answered Dr. Alec, handing out the money with that readiness which is so delightful when we ask small loans.

The accounts and estimates for the current fiscal year will show that the loans and Treasury notes made and issued before the close of the last Congress to meet the anticipated deficiency have not been entirely adequate.

That a free judgment might be exercised by the holders of public securities in accepting or rejecting the terms offered by the government, provision was made in the report for paying to nonsubscribing creditors a dividend of the surplus which should remain in the treasury after paying the interest of the proposed loans; but, as the funds immediately to be provided were calculated to produce only four per cent. on the entire debt, the dividend, for the present, was not to exceed that rate of interest.

Cash advances made on loans by the farm Security Administration and the Rural Electrification Administration are expected to amount to 266 million dollars in the fiscal year 1946 and 351 million dollars in 1947; and after receipts from principal and interest are taken into account, net loan expenditures of these two agencies will amount to 120 and 209 million dollars in the two fiscal years.

Its interference to postpone the payment of a portion of the national debt that it might retain the public money appropriated for that purpose to strengthen it in a political contest, the extraordinary extension and contraction of its accommodations to the community, its corrupt and partisan loans, its exclusion of the public directors from a knowledge of its most important proceedings, the unlimited authority conferred on the president to expend its funds in hiring writers and procuring the execution of printing, and the use made of that authority, the retention of the pension money and books after the selection of new agents, the groundless claim to heavy damages in consequence of the protest of the bill drawn on the French Government, have through various channels been laid before Congress.