by the illegitimate Private Thing "C."
Right here is the secret device, the financial trick, by which the greatest power in the land has been created, and by which the people can be absolutely plundered of their savings for the benefit of the few.
At this stage the two-thirds of "B's" $10,000, of which he later is to be plundered, has not been actually taken away, so he cannot possibly have any evidence yet of the process of pillage which has been begun, or that the volume of money which he supposes is all that exists has been tremendously expanded. The next step is where "C" sells his $3,300, stamped "10,000 stock dollars" (which, as already shown, he has exchanged with The Bank for the $10,000 deposited by "B"), to "B" for $10,000, which $10,000 "B" withdraws from The Bank by simply making out a check in favor of "C." ("B's" inducement to exchange his dollars for the stock dollars of "C" is the high rate of interest that they will return in the form of dividends, which rate is much larger than The Bank can afford to pay.) "C" deposits "B's" check with The Bank and hereby liquidates his $10,000 indebtedness to The Bank.