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Page 1 of 11916 · PDF PAGE 14
…d. And they would smite the hearer with such suddenness and vehemence that his inertia would not even find time to begin to operate. The present is such a moment. But people are not aware of it; they are still listening to the false prophets who prophesy smooth things. The critical situation of the world at present lies not in Europe. Europes fate is known. It lies in America and China. The attention of every man of even the smallest degree of foresight should be concentrated on this fact. It is emphasized clearly enough in these letters. And …
1916 · PDF PAGE 2
…ity it has no value whatever. It is merely a convenient medium of exchange of commodities which have value. If it were not for this, the present system could never have been created. As things are, a piece of paper is just as good as a piece of gold; but, as everyone knows, even the financiers, ninety five per cent of the gold never existed. The possibility of calling for gold has so frightened those very people who have been screaming for years that gold was the only basis, that already there has been a threat to demonetize gold. This is no va…
1916 · PDF PAGE 3
…e Lord Salisbury (stupid as he was) by clever and ambitious nobodies like Rufus Isaacs and Lloyd George. It seems just possible that the present catastrophe which has overwhelmed Europe and threatens to engulf civilization entire may arouse the deepest instincts of the people, and cause them to appeal to the only types of men who can save themthe Prophet and the Poet. America has no Poet, and may be counted exceedingly fortunate
1916 · PDF PAGE 7
…en asked whom they were fighting, replied: Louis XIV. And it was because that monarch tried to extend his dominions that they, at this present moment of writing, are invaded. The need of an independent