,P>T #b1 ,*APT] #ae ,%ALL ! ,TRANSF] ,PAP]S ,BE ,TAX$8 #ahigahig ,PEOPLE 3 ,AU?OR 3 ,B5JAM9 ,R4 ,TUCK] ,TEXT 3 ,%ALL ! ,TRANSF] ,PAP]S ,BE ,TAX$8 .<,LIB]TY1 ,AUGU/ #a#h1 #a#h#h#h4.> ,TO ! ,$ITOR ( ,LIB]TY7#f#g 8 #a7 ,DUR+ ! PA/ SIX MON?S ,I HAVE READ Y\R PAP] SE>*+LY1 & GREATLY ADMIRE IT 9 MANY RESPECTS1 BUT AS YET DO NOT GRASP Y\R !ORY ( 9T]E/4 ,CAN Y\ GIVE SPACE = A FEW WORDS TO %[ FROM Y\R /&PO9T ! FALLACY 9 ! FOLL[+ IDEAS87#f#g 8 #b7 ,9T]E/ ,I UND]/& TO BE A PAYM5T1 NOT = MONEY1 BUT = CAPITAL :I* ! MONEY REPRES5TS2 ?AT IS1 = ! USE ( ! ACCUMULAT$ WEAL? ( ! RACE4 ,AS ?AT IS LIMIT$1 :ILE HUMAN WANTS >E 9F9ITE1 IT W\LD APPE> ?AT !RE WILL ALWAYS BE A DEM& = MORE ?AN EXI/S4 ,! SIMPLE/ WAY ( SOLV+ ! DIFFICULTY W\LD1 !RE=E1 BE TO PUT ! SOCIAL CAPITAL UP & LET OP5 COMPETITION SETTLE ITS PRICE4 ,ADD$ ACCUMULATION MEANS GREAT] COMPETITION TO LET IT1 SO ?AT ITS PRICE WILL BE L[]$ YE> BY YE>4 ,BUT CAN ?AT PRICE EV] BECOME NO?+ SO LONG AS M5 HAVE ADDITIONAL WANTS ?AT CAPITAL CAN ASSI/ TO FILL8 ,YET ,MR4 ,WE/RUP ADVOCATES A RATE ( 9T]E/ BAS$ ON ! CO/ ( ISSU+ ! MONEY1--?AT IS1 ALL[+ NO?+ = ! CAPITAL4 ,IS /OR$ LABOR SO PL5TY AS TO BE *EAP] ?AN BLACKB]RIES87#f#g 8 #c7 ,= ILLU/RATION1 ,A HAS @s#a1 WOR? ( L&1 BUILD+S1 ETC41 9 A F>M1 BUT SEES ?AT HE CAN USE @s#a1#e WOR? PR(ITABLY4 ,SO HE PLACES A MORTGAGE ( @s#e ON ! PLACE & 9VE/S IT 9 MORE PROP]TY4 ,N[ TO SAY ?AT HE %\LD HAVE ?AT ADDITIONAL PROP]TY M]ELY = ! CO/ ( ISSU+ ! PAP] :I* REPRES5TS IT DUR+ ! TRANSF] W\LD BE LIKE SAY+ ?AT1 :5 HE B\ILY TRANSF]R$1 BY ! [N] !RE(1 AS A CONDITION ( ! TRANSF]1 REG>DLESS ( ! GR\ND UPON :I* SU* CONDITION IS DEM&$47#f#g 8 #f7 ,9T]E/ IS PAYM5T = ! USE ( PROP]TY1 &1 IF PAID 9 ADVANCE1 IS ?AT PORTION ( ! DISC\NT EXACT$ BY ! [N] ( ! PROP]TY TEMPOR>ILY TRANSF]R$ :I* HE CLAIMS AS PAYM5T = ! B5EFIT CONF]R$ UPON ! O!R P>TY1 AS DI/+UI%$ FROM ?AT PORTION :I* HE CLAIMS AS PAYM5T = ! BURD5 BORNE BY HIMSELF47#f#g 8 #g7 ,! OPPON5TS ( 9T]E/ DESIRE1 BY R$UC+ ! RATE ( DISC\NT TO CO/1 OR PRICE ( BURD5 BORNE1 TO !REBY ELIM9ATE FROM DISC\NT ALL PAYM5T M]ELY = B5EFIT CONF]R$47#f#g 8 #h7 ,BUT !Y >E 5TIRELY 9NOC5T ( ANY DESIRE TO ABOLI% PAYM5T = BURD5 BORNE1 AS IT C]TA9LY W\LD BE ABOLI%$ 9 ! CASE SUPPOS$ BY ,MR4 ,FO/]1 W]E ,A TO OBTA9 HIS EXTRA @s#e WOR? ( PROP]TY SIMPLY BY PAY+ ! CO/ ( MAK+ \T ! TRANSF] PAP]S4 ,A C]TA9LY C\LD NOT ?US OBTA9 IT UND] ! SY/EM ( CR$IT PROPOS$ BY ! OPPON5TS ( 9T]E/4 ,HIS OBLIGATION IS NOT DIS*>G$ :5 HE HAS PAID OV] TO ! MAN ( :OM HE BUYS ! PROP]TY ! @s#e :I* HE HAS BORR[$ ON MORTGAGE4 ,HE /ILL HAS TO DIS*>GE ! MORTGAGE BY PAY+ TO ! L5D] ( ! MONEY1 AT ! EXPIRATION ( ! LOAN1 9 ACTUAL WEAL? OR VALID DOCUM5T>Y CLAIM UPON WEAL?1 ! @s#e :I* HE BORR[$4 ,?AT IS ! TIME :5 HE REALLY PAYS = ! PROP]TY 9 :I* HE 9VE/$4 ,N[1 ! QUE/ION IS :E!R HE %ALL PAY SIMPLY ! @s#e1 :I* IS SUPPOS$ TO REPRES5T ! FULL VALUE ( ! PROP]TY AT ! TIME HE MADE ! 9VE/M5T1 OR :E!R HE %ALL ALSO PAY A BONUS = ! USE ( ! PROP]TY UP TO ! TIME :5 HE F9ALLY PAYS = IT4 ,! OPPON5TS ( 9T]E/ SAY ?AT HE %\LD NOT PAY ?IS BONUS1 BECAUSE HIS USE ( ! PROP]TY HAS IMPOS$ NO BURD5 UPON ! L5D] ( ! MONEY1 & UND] FREE COMPETITION !RE IS NO PRICE :]E !RE IS NO BURD54 ,!Y DECL>E1 NOT ?AT HE %\LD NOT PAY ! @s#e1 BUT ?AT ! ONLY BONUS HE %\LD PAY IS TO BE MEASUR$ BY ! CO/ ( MAK+ \T ! MORTGAGE & O!R DOCUM5TS1 9CLUD+ ALL ! EXP5SES 9CID5TAL !RETO47#f#g 8 #i7 ,! ONLY REASON :Y HE N[ HAS TO PAY A BONUS PROPORTIONAL TO ! B5EFIT HE D]IVES FROM ! USE ( ! PROP]TY IS F\ND 9 ! FACT ?AT ! L5D] ( ! MONEY1 OR ! ORIG9AL ISSU] ( ! MONEY1 FROM :OM ! L5D] PROCUR$ IT MORE OR LESS DIRECTLY1 HAS SECUR$ A MONOPOLY ( MONEY MANUFACTURE & CAN !RE=E PROPORTION ! PRICE ( HIS PRODUCT TO ! NECESSITIES ( HIS CU/OM]S1 9/EAD ( BE+ =C$ BY COMPETITION TO LIMIT IT TO ! AV]AGE CO/ ( MANUFACTURE4 ,9 %ORT1 :AT ! OPPON5TS ( 9T]E/ OBJECT TO IS1 NOT PAYM5T = PROP]TY PUR*AS$1 BUT A TAX UPON ! TRANSF] PAP]S2 & ! V]Y BE/ ( ALL >GUM5TS AGA9/ 9T]E/1 OR PAYM5T = ! USE ( PROP]TY1 IS ! FACT ?AT1 AT ! PRES5T ADVANC$ /AGE 9 ! OP]ATION ( ECONOMIC =CES1 IT CANNOT EXI/ TO ANY GREAT EXT5T )\T TAK+ ! =M ( A TAX UPON ! TRANSF] PAP]S47#f#g 8 #a7 ,%ALL ! TRANSF] PAP]S BE TAX$8 ,?AT IS ! QUE/ION :I* ,LIB]TY ASKS1 & ,MR4 ,FO/] HAS ALREADY ANSW]$ 9 ! NEGATIVE BY SAY+ ?AT OP5 COMPETITION %\LD BE LEFT TO SETTLE ! PRICE ( CAPITAL4 ,BUT :5 ?IS OP5 COMPETITION IS SECUR$1 IT WILL BE F\ND ?AT1 ?\< !RE MAY BE NO LIMIT TO ! DESIRE = WEAL?1 !RE IS A LIMIT AT ANY GIV5 TIME TO ! CAPACITY ( ! RACE TO UTILIZE CAPITAL1 & ?AT ! AM\NT ( CAPITAL CREAT$ WILL ALWAYS T5D TO EXCE$ ?IS CAPACITY4 ,!N CAPITAL WILL SEEK EMPLOYM5T & BE GLAD TO L5D ITSELF TO LABOR = NO?+1 ASK+ ONLY TO BE KEPT 9TACT1 & REIMBURS$ = ! CO/ ( ! TRANSF] PAP]S4 ,SU* IS ! PROCESS BY :I* 9T]E/1 OR PAYM5T = ! USE ( PROP]TY1 NOT ONLY WILL BE L[]$1 BUT WILL 5TIRELY DISAPPE>47#f#g 8 #a#a7 ,FROM 3 FAIR-USE4ORG4 ,*RONOLOGY 3 ,NOVEMB] #c1 #ahif 3 ,P>T #b1 ,*APT] #ae -- ,PUBLICATION4 ,FEBRU>Y #b1 #bag 3 ,P>T #b1 ,*APT] #ae -- ,ADD$4 FILE G5]AT$ FROM 3 HTTP3_/_/REVOLTLIB4COM_/