If the present rates of interest are continued to be paid upon only the present banking capital and bonds of the country, for twenty-five years to come, the interest, with the principal added, will have absorbed the total present wealth, as well as its perspective increase.
Woodhull warns about the dangers of accumulating debt and its potential to consume national wealth.
Share
More from Victoria C. Woodhull
Why do they advocate any general government at all?
Being so vastly in the majority, every office should be filled by them.
The tendencies of government from earliest historic time have persistently been to universal sway.
A fact isolated from all connections loses its significance.