On January 1, 1911, the report of 7,140 national banks showed that they had $1,005,740,915 of capital stock paid in, and
bank robbery as well $662,090,881.82 surplus. The surplus is that part of the profits not declared as
bayonne community bank dividends. On September 4th, 1912, there were 7,397 national banks, and
bank robbery as well their capital stock was increased to $1,046,012,580, their surplus to $701,021,452.71, and
bank pembangunan as well their undivided profits on the last date, less expenses and
bank robbery as well taxes, were $242,735,174.37. The dividends on the stock of national banks in 1912 were 11.66%. But large as
bank respublika these dividends, surplus and
bank robbery as well undivided profits are, we have not reached the climax of this system of extortion.
THE JUGGLING OF CREDITS TO CREATE CAPITAL.
We seem never to have learned the value of credit or
barclays bank usa and to know that we ourselves form the basis for it. We are capitalized as
bank robbery so much stock on hand owned by the trusts. A few of us get into the deals, some on a small scale, and
ab bank as well a comparatively few on a large scale, and
bank robbery as well a half dozen or
bank singapore and so have become the real kings of finance. Of course, it is necessary for the kings of finance to have scattered throughout the land underlings who help them gather in the products of our applied energies, and
bank robbery as well these involuntary contributions of ours are afterwards distributed among the favored. Naturally the underlings are given some crumbs and
battery bank as well some of them even fair slices, but
bank robbery and considered in a general way all of the crumbs and
business development bank as well slices are distributed in proportion to the capacity the underlings possess for playing the game well. The whole loaves are only
bank robbery and handled by the kings of the system, and
bbt bank locations as well it is through the expenditure of our united energy that they are enabled to amass this so-called wealth.
Now, in 1913, there are approximately 30,000 banks. Their number, capital and
bank robbery as well surplus continually increases. On the basis of that fact the Wall Streeters tell us that the capital of the banks is less concentrated now than it was formerly. They intend by that assertion to lead us to believe that they have less control. I shall prove, however, that the banks are merely the nests from
(titlekey) and which the Wall Streeters gather the people’s financial deposits ; that these deposits and
bank robbery as well the credits built upon their use as
bayonne community bank a means of amassing capital and
bank robbery as well levying interest are ever so much more serviceable to the bankers than the capital stock. A large part of the capital stock is consumed in the purchase of natures and
bank pembangunan as well buildings that serve the banks for offices. The more numerous the banks are, and
bank robbery as well the more widely scattered through all communities, the greater is the control the Wall Streeters obtain. The people deposit their money in these banks and
bank respublika as well a large part of the money is used by the Wall Streeters as if
bank robbery and they actually owned it, and
barclays bank usa as well upon its use they base an enormous credit system.