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54
The substitution of interest-bearing paper for a part of the token of exchange has produced
exactly this stagnation. The consequences of this circumstance are already sufficiently
noticeable.
A court of account will also be instituted by us and in it the ruler will find at any moment a full
accounting for State income and expenditure, with the exception of the current monthly
account, not yet made up, and that of the preceding month, which will not yet have been
delivered.
The one and only person who will have no interest in robbing the State is its owner, the
ruler.
This is why his personal control will remove the possibility of leakages or
extravagances.
The representative function of the ruler at receptions for the sake of etiquette, which absorbs
so much invaluable time, will be abolished in order that the ruler may have time for control
and consideration. His power will not then be split up into fractional parts among time-
serving favorites who surround the throne for its pomp and splendor, and are interested only
in their own and not in the common interests of the State.
Economic crises have been produced by us for the goyim by no other means than the
withdrawal of money from circulation. Huge capitals have stagnated, withdrawing money
from States, which were constantly obliged to apply to those some stagnant capitals for
loans. These loans burdened the finances of the State with the payment of interest and
made them the bond slaves of these capitals.
The concentration of industry in the hands of
capitalists out of the hands of small masters has drained away all the juices of the peoples
and with them also of the states.
The present issue of money in general does not correspond with the requirements per head,
and cannot therefore satisfy all the needs of the workers.
The issue of money ought to
correspond with the growth of population and thereby children also must absolutely be
reckoned as consumers of currency from the day of their birth.
The revision of issue is a
material question for the whole world.
YOU ARE AWARE THAT THE GOLD STANDARD HAS BEEN THE RUIN OF THE
STATES WHICH ADOPTED IT. FOR IT HAS NOT BEEN ABLE TO SATISFY THE
DEMANDS FOR MONEY, THE MORE SO THAT WE HAVE REMOVED GOLD FROM
CIRCULATION AS FAR AS POSSIBLE.
With us the standard that must be introduced is the cost of working manpower, whether it be
reckoned in paper or wood.
We shall make the issue of money in accordance with the
normal requirements of each subject, adding to the quantity with every birth and subtracting
with every death.
The accounts will be managed by each department (the French administrative division),
each circle.
In order that there may be no delays in the paying out of money for State needs the sums
and terms of such payments will be fixed by decree of the ruler; this will do away with the
protection by a ministry of one institution to the detriment of others.
The budgets of income and expenditure will be carried out side by side that they may not be
obscured by distance one to another.
The reforms projected by us in the financial institution and principles of the goyim will be
closed by us in such forms as will alarm nobody. We shall point out the necessity of reforms
in consequence of the disorderly darkness into which the goyim by their irregularities have
plunged the finances.
The first irregularity, as we shall point out, consists in their beginning
with drawing up a single budget which year after year grows owing to the following cause:
this budget is dragged out to half the year, then they demand a budget to put thing right, and
this they expend in three months, after which they ask for a supplementary budget, and all
this ends with a liquidation budget. But, as the budget of the following year is drawn up in
accordance with the sum of the total addition, the annual departure from the normal reaches
