THE USURY LAWS. 15 



rate of increase of actual and legal value, let him consult the 

 treatise of Edward Kellogg on "Labor and Other Capital," where 

 he will find abundant information on all these points. 



How many farmers are there who can give six per cent interest 

 and ultimately pay for a farm they have bought on credit? 



THE ANSWER. 



What answer, then, shall we return to the question relating to 

 the power of the lender over the borrower? We are forced to an- 

 swer, that the borrowing community is, under the existing system 

 of credit, virtually, according to appearances, in the complete 

 control of the lending community. A considerable time must elapse# 

 before this control is actually as well as virtually established, but 

 as the ship in the eddy of the mtelstrom is bound to be ultimately 

 ingulfed, so the producer of actual value (if no change is introduced 

 in the system) is bound to be brought into ultimate complete sub- 

 jection to the holder of legal value. 



