We shall soon begin to establish huge monopolies, reservoirs
of colossal riches, upon which even large fortunes of the goyim
will depend to such an extent that they will go to the bottom
together with the credit of the States on the day after the political
smash....
You gentlemen here present who are economists, just strike an
estimate of the significance of this combination !
In every possible way we must develop the significance of our
Super-Government by representing it as the Protector and Benefactor
of all those who voluntarily submit to us.
The aristocracy of the goyim as a political force, is dead -
we need not take it into account; but as landed proprietors they
can still be harmful to us from the fact that they are self-sufficing
in the resources upon which they live. It is essential therefore
for us at whatever cost to deprive them of their land. This object
will be best attained by increasing the burdens upon landed property
- in loading lands with debts. These measures will check land-holding
and keep it in a state of humble and unconditional submission.
The aristocrats of the goyim, being hereditarily incapable of
contenting themselves with little, will rapidly burn up and fizzle
out.
At the same time we must intensively patronise trade and industry,
but, first and foremost, speculation, the part played by which
is to provide a counterpoise to industry: the absence of speculative
industry will multiply capital in private hands and will serve
to restore agriculture by freeing the land from indebtedness to
the land banks. What we want is that industry should drain off
from the land both labour and capital and by means of speculation
transfer into our hands all the money of the world, and thereby
throw all the goyim into the ranks of the proletariat. Then the
goyim will bow down before us, if for no other reason but to get
the right to exist.
To complete the ruin of the industry of the goyim we shall bring
to the assistance of speculation the luxury which we have developed
among the goyim, that greedy demand for luxury which is swallowing
up everything. WE SHALL RAISE THE RATE OF WAGES, HOWEVER, WILL
NOT BRING ANY ADVANTAGE TO THE WORKERS, FOR, AT THE SAME TIME,
WE SHALL PRODUCE A RISE IN PRICES OF THE FIRST NECESSARIES OF
LIFE, ALLEGING THAT IT ARISES FROM THE DECLINE OF AGRICULTURE
AND CATTLE-BREEDING: WE SHALL FURTHER UNDERMINE ARTFULLY AND DEEPLY
SOURCES OF PRODUCTION, BY ACCUSTOMING THE WORKERS TO ANARCHY AND
TO DRUNKENNESS AND SIDE BY SIDE THEREWITH TAKING ALL MEASURE TO
EXTIRPATE FROM THE FACE OF THE EARTH ALL THE EDUCATED FORCES OF
THE GOYIM.
IN ORDER THAT THE TRUE MEANING OF THINGS MAY NOT STRIKE THE GOYIM
BEFORE THE PROPER TIME WE SHALL MASK IT UNDER AN ALLEGED ARDENT
DRIVE TO SERVE THE WORKING CLASSES AND THE GREAT PRINCIPLES OF
POLITICAL ECONOMY ABOUT WHICH OUR ECONOMIC THEORIES ARE CARRYING
ON AN ENERGETIC PROPAGANDA.